Prime Minister Rozgar Yojana : A Deal for Startup

Prime Minister Rozgar Yojana was announced 23 year back on August 15, 1993 by Indian Prime minister. This scheme is aimed at giving self-employment to skilled job-seeking youth in India. While we are now moving towards a world of Apps today, where there are numerous Startup coming up in India, the Prime Minister Rozgar Yojana is still not utilized at its fullest.

We in this article aim at getting the gist of Prime Minister Rozgar Yojana so as to get points which can be used in development of a Startup in current time.

Quick Stats about Prime Minister Rozgar Yojana

  • The Prime Minister Rozgar Yojana aims at giving jobs to over one million skilled people in India.
  • This scheme has been working till date and was launched on Oct 2, 1993.
  • The main objective behind Prime Minister Rozgar Yojana was to start micro-venture which are now known as Startups.
  • This scheme also aims at providing guidance and promoting the culture of entrepreneurship.

 

Who is Eligible for Benefits in Prime Minister Rozgar Yojana

Any Indian seeking job, residing in any part of the country satisfying a list of norms, is eligible to claim benefits of Prime Minister Rozgar Yojana. The applicant should be under age group 18-40 years and must be atleast high-school (conceded / failed) level of education.

 

What Startups / Entreprenurs can get from Prime Minister Rozgar Yojana

All Indians who aim at becoming entrepreneurs or starting small business in country, must go through official information about this scheme. It entitles citizen to get varied loan in range of 1 lakh to 10 lakh rupees.

There are not many people who are aware that this scheme could be well used by people looking to start their own ventures. This is often confused with some scheme providing employment.

So just grab the correct details and claim the benefits of Prime Minister Rozgar Yojana.