Here are a few points you should know about Bihar Udyami Yojana: The scheme provides financial assistance and support to entrepreneurs. This helps them set up new businesses or expand existing ones. The scheme is aimed at creating employment opportunities. The scheme aims to increase economic growth. The scheme also aims to reduce poverty in the state.

Objectives

The main objectives of the Bihar Udyami Yojana are:

• To encourage entrepreneurship and self-employment in Bihar.
• To promote the establishment of new businesses and the expansion of existing ones.
• To create employment opportunities and generate income for people in Bihar.
• To increase economic growth and reduce poverty in the state.

Benefits of the Bihar Udyami Scheme

The Bihar Udyami Scheme provides several benefits to entrepreneurs, including:

1. Financial assistance in the form of loans and subsidies.
2. Technical and business support for setting up and running businesses.
3. Access to training and skill development programs.
4. Assistance in obtaining necessary licenses and permits.
5. Marketing and promotional support for businesses.

Eligibility Criteria For Bihar Udyami Scheme

Any individual or group of individuals involved in manufacturing, service, or agro-based industries can apply for the Bihar Udyami Yojana. The following are the eligibility criteria:

1. The applicant should be a permanent resident of Bihar.
2. The age of the applicant should be between 18 and 50 years.
3. The applicant should have completed at least 10th standard education.
4. The applicant should not have any default in repaying previous loans.

Documents Required For Bihar Udyami Yojana

The following documents are required to apply for the Bihar Udyami Yojana:

1. Aadhaar Card
2. PAN Card
3. Bank Account Details
4. Educational Certificates
5. Business Plan
6. Project Report
7. Identity Proof

Application Procedure For the Bihar Udyami Yojana

The application procedure for the Bihar Udyami Scheme is as follows:

1. Visit the official website of the Bihar Udyami Yojana.
2. Download the application form and fill in the details.
3. Attach the required documents with the application form.
4. Submit the application form to the District Industries Centre (DIC) or the Sub-District Industries Centre (SDIC) of the respective district.

The application will be verified, and the loan amount will be sanctioned based on the eligibility and viability of the project.

Summary

Here is the summary of all points:

1. Bihar Udyami Yojana promotes entrepreneurship and self-employment in Bihar
2. It provides financial assistance, technical and business support, and skill development opportunities to entrepreneurs
3. Individuals or groups involved in manufacturing, service, or agro-based industries can apply
4. The application procedure is simple and can be done online or at the respective DIC or SDIC

Contact Details 

1. To get more information about the scheme or if you have any queries, you can contact the following:
2. Toll-free number: 18003456214
3. Email ID: dir-td.ind-bih@nic.in
4. Head Office Address: Industry Department Development Bhawan, New Secretariat, Beli Road, Patna.

For any assistance, feel free to reach out to the contacts mentioned above.

Conclusion

 The Bihar Udyami Scheme is a good initiative by the Bihar Government. This was to promote entrepreneurship and boost economic growth.  It offers financial support, business guidance, and skill development. The scheme is available to individuals or groups involved in different industries.  Anyone meeting the eligibility criteria and having the required documents can easily apply for the scheme. This scheme is not only helpful for entrepreneurs but also beneficial for the state’s overall development. If you have any questions, feel free to contact Vakilsearch‘s experts. We will walk you through the scheme. 

FAQs

What kind of support is provided under the Bihar Udyami Yojana?

Entrepreneurs can avail themselves of various advantages through the Bihar Udyami Scheme, which encompass: Financial aid in the form of loans and subsidies. Provision of technical and business support to establish and operate businesses. Access to training programs and opportunities for skill development.

How can I apply for the Bihar Udyami Yojana?

How can I apply for the Bihar Udyami Yojana? To register for the Mukhyamantri Udyami Yojana: Visit the official website. Click on ‘Bihar Mukhyamantri Udyami Yojana Online Registration.’ Fill in required details in the registration form. Get OTP and enter it. Upload necessary documents. Submit the form to complete the registration process.

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