PM Yuva Rojgar Yojana

In 2018, Prime Minister Narendra Modi launched the PM Youth Employment Program for India’s youth in order to make low-interest loans available to them.

Benefits

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Loans up to 2 lakh are available in the business sector.

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Loans up to 5 lakh are available in the service sector.

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Loans up to 5 lakh are available in the industry sector.

There is no need for a guarantee or security for projects costing less than Rs. 2 lakh undertaken by single individuals from the industry and service sectors.

Eligibility criteria

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Age: 18-35

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Permanent resident of his state for at least 3 years

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Must hold a 10th-grade diploma from a government-recognized school or college.

Should not be currently employed in any government or non-government position.

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Industries included

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Industries that use minerals

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Forest-based, agro-based, and food-based industries

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Industry dependent on chemicals

Clothing business based on engineering and non-conventional energy. Except for Khadi, the service industry

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