Jyoti Gramodyog Vikas Yojana (Margin Money Yojana) To raise the level of income and entrepreneurship among the rural population and to create more and more new avenues of employment for the rural unemployed youth at the village level for individual artisans/entrepreneurs/self-help groups.
Jyoti Gramodyog Vikas Yojana 2023
Under Sarkarshree’s Jyoti Gramodyog Vikas Yojana, 24-hour 3-phase power supply is provided to the villages of the state. As a result, it has provided new opportunities to the rural people to earn a living by setting up small cottages, huts and rural cottages in their own villages.
Jyoti Gramdyog Vikas Yojana (Margin Money Yojana) to raise the level of income and entrepreneurship among the rural population and to create more and more new avenues of employment for rural unemployed youth for individual artisans/entrepreneurs/self-help groups at village level or in towns with a population of 2000 or less. . Rs. 1 lakh and above Rs. Loan applications for new projects up to 25 lakhs are approved by the District Ughog Kendra after the bank’s recommendation.
How much loan will get
New manufacturing projects worth more than ₹1 lakh and up to ₹25 lakh will be sanctioned by the bank.
For the purpose of this scheme, project cost includes cost of plant, cost of machinery material and labour
Capital up to a maximum of 10 percent of both these costs.
The cost of the project will not include the cost of land and building construction. The plan and machinery investment for the project activity should be at least ₹5 lakh.
Eligibility to avail the scheme
Beneficiary should be 10th pass.
Beneficiary should have one year experience in regular occupation.
Scheme Age Limit :-
Minimum age of beneficiary: 25 years
Maximum age of beneficiary: 50 years