Yuva Sahkar Yojana 2023
Eligibility, Documents, Application Form, UPSC
Yuva Sahkar Yojana 2023
Eligibility, Documents, Application Form, UPSC
Yuva Sahakar is a good scheme for the youth which is being started by the National Corporate Development Corporation. This scheme was announced last year in 2018 itself, but this year the work will be started under this scheme, under which young farmers will be given financial help from the government to start their work, under which the government has given Rs. 1000 crores. The budget has been passed.
Features of Yuva Sahakar Yojana :-
Under the Youth Government Scheme, loans will be provided to the youth at low interest, so that they can easily start their new business.
The main objective of this scheme is to create a strong desire among the youth to start a startup, as well as to bring forward new ideas so that employment opportunities can also increase.
Under this scheme, a budget of Rs 1000 crores has been passed by the government, through which loans or subsidies can be given at low interest to the youth.
Under this scheme, people belonging to Scheduled Castes and Scheduled Tribes will get benefits, especially women will be given more benefits in this. Apart from this, cooperative societies working in the eastern northern region will also get special benefits under this scheme so that they can easily start their own business.
Under the scheme, up to 80% help will be provided by the government, that is, only 20% of the expenses will have to be borne by the candidate himself. Also, the interest charged on this loan will be 2% less than the usual interest.
Apart from this, up to 70% help will be given by the government to the cooperative societies, out of which up to 30% of the cost will have to be borne by the cooperative societies themselves.
Along with this, the government has also clearly said that under the scheme, the candidate will get an amount of Rs 1 crore to Rs 3 crore, that is, a minimum amount of Rs 1 crore and maximum Rs 3 crore can be obtained as a loan.
The loan under this scheme will be given for 5 years, that is, it is mandatory to repay it with interest in 5 years.
Yuva Sahakar Yojana Eligibility Rules
Scheduled Castes and Tribes – People belonging to Scheduled Castes and Tribes will especially get the benefit of this scheme, in which women will be given the highest priority and they will get about 80% of the cost of the project under this scheme.
General caste:
Youth belonging to general caste categories will also get the benefit of this scheme, but 70% of the cost will be given to them by the government.
Under the scheme, it is necessary to submit a certificate that it has been at least 1 year since the business started by the candidate and in this one year he has achieved a lot of success. The startup which completes 1 year will be eligible for this scheme. Under this, help will be provided by the government to advance your startup.
Yuva Sahakar Yojana Main Documents :-
Under the scheme, various types of benefits are being given regarding a particular caste, hence it is necessary that the candidates submit their caste certificate along with the application form.
Under this scheme, it is mandatory for the candidate to submit necessary documents to prove that the latest startup has been completed for about 1 year.
Yuva Sahakar Yojana Application Process and Form :-
To apply for the scheme, you will first have to go to the official website of NCDC.
After this you will reach the home page of this website where you will see a link below ‘Common Loan Application Form’, you have to click on it.
After this, you will have to give some information about the loan for which activity or purpose you want to take the loan and which loan you want to take. And submit.
Then below you will be shown the application form according to the loan. You have to fill it and attach all the documents in it.
After this, you should go to your regional office and submit this form.
Youth Cooperative Scheme is a very good scheme which will prove to be very helpful in starting new startups. Therefore, you must take advantage of this scheme and do not delay in starting a new startup, and also inform other people about this scheme so that employment opportunities can increase in the country and state and there can be progress in the field of business.
FAQ
Q: For whom has the Youth Cooperation Scheme been started?
Ans: For the youth of the country.
Q: What is the objective of Yuva Sahakar Yojana?
Ans: Cooperative societies have to be encouraged to do their ventures in new areas.
Q: What is the eligibility criteria for Yuva Sahakar Yojana?
Ans: There are various eligibility criteria for a particular caste which you can see in the above article.
Q: How to apply for Yuva Sahakar Yojana?
Ans: You have to apply by visiting the official website of NCDC.
Q: How much budget has the government kept for Yuva Sahakar Yojana?
Ans: Rs 1000 crore.
| Name | Pradhan Mantri Yuva Sahakar or Cooperative Scheme |
| beneficiary | startup founders |
| loan amount | 1 to 3 crores |
| loan period | 5 Year |
| Website | www.ncdc.in |
| toll free helpline number | are not |
| launched | Shri Radha Mohan Singh |
