Sponsored by: CG
Funding by Government: Rs. 100000 for business sector.
Rs. 200000 for other activities
If eligible persons joins together in a partnership, project upto Rs. 10.00 lacs are covered.
Education qualification: 8th pass.
Discription of scheme:
This scheme has been launched by the Central government in 1993 to provide self employment opportunities to the unemployed youth and women. Under the PMRY , loans are advanced by the Banks to those unemployed Youth and Women who are 18-35 and 18 -45 years of age respectively and whose income (including the income of the parents / spouse) does not exceed Rs. 40 thousand per annum and he should be permanent resident of the area for at least 3 years but in case of married women the residency of her husband or in-laws will be seen.