Now the government will give a loan of up to 4 lakhs to the people of this state to start a business, know who will be eligible.

From time to time, the government keeps on starting various schemes for the people of the country, so that people can be helped. Along with this, the state government also keeps on starting various schemes for the people of its state, so that people can be helped financially. Now the government of Telangana state has started a special scheme for the people of its state, under which the Telangana government will give loans to the people of its state to start a business. The name of this scheme is the Rajiv Yuva Vikas Scheme. Let us know.

Rajiv Yuva Vikas Scheme

Rajiv Yuva Vikas Scheme has been started by the government of Telangana state, under which young entrepreneurs will be given a loan of up to Rs 4 lakh at a low interest rate to start their own business. This scheme will provide loans to many youth including Scheduled Caste (SC), Scheduled Tribe (ST), Backward Class (BC), Minorities and Economically Backward Class (EBS) and Economically Weaker Section (EWS).

Who will be eligible for the scheme

Some eligibility criteria have also been fixed for applying to the Rajiv Yuva Vikas Scheme. Under this, the annual income of applicants from rural areas should be 1.5 lakhs or less. At the same time, the annual income of applicants from urban areas should be 2 lakhs or less. Apart from this, if we talk about age, then for non-agricultural business, the age should be between 21 to 55 years. At the same time, for agriculture-related business, the age should be less than 60 years.