Categories: State News

Bihar government launches ‘Mukhya Mantri Udyaymi Yojana’

Bihar Chief Minister Nitish Kumar has launched two ambitious schemes christened as the ‘Mukhya Mantri Yuva Udyaymi Yojna’ and the ‘Mukhya Mantri Mahila Udyami Yojana. Both the schemes launched to promote entrepreneurship among youth and women of all sections under the state’s ‘Mukhaya Mantri Udyami Yojana scheme. The schemes were promised by the chief minister during the 2020 Bihar elections.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Youth and Women-irrespective of caste and creed, wishing to start entrepreneurship, will get a loan of Rs 10 lakh, in which Rs 5 lakh would be a grant from the state government and the rest Rs 5 lakh will come as a loan, refundable in 84 instalments. He also launched a portal on which youth and women from all sections can register themselves for availing of the loan from the government.

Important takeaways for all competitive exams:

  • Chief Minister of Bihar: Nitish Kumar; Governor: Phagu Chauhan.

Find More State In News Here

Adda247 Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Game-Changer Project: Road-Rail Tunnel Approved Under This River

In a historic infrastructure decision, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime…

17 mins ago

Which Country is known as the Sugar Bowl of the World?

Did you know there is a country in the world whose identity is closely linked…

33 mins ago

Cabinet Clears Mega Urban Challenge Fund with 50% Market Finance Mandate

In a major push to urban infrastructure, the Union Cabinet chaired by Prime Minister Narendra…

47 mins ago

Assam Gets Kumar Bhaskar Varma Setu, Northeast’s First Emergency Landing Facility

Prime Minister Narendra Modi inaugurated major infrastructure projects in Assam, including the Kumar Bhaskar Varma…

1 hour ago

Which Spices are Exported Most from India?

Did you know India is often called the land of spices? From ancient trade routes…

2 hours ago

Union Cabinet Approves ₹10,000 Crore Startup India Fund of Funds 2.0

Union Cabinet chaired by Prime Minister Narendra Modi has approved the Startup India Fund of…

2 hours ago