Home » Articles » Bihar Laghu Udyami Yojana 2024 – A Glance

Bihar Laghu Udyami Yojana 2024 – A Glance

Recently, the Bihar government has launched the Bihar Laghu Udyami Yojana 2024 to provide financial assistance of ₹2 lakh to poor families to create self-employment opportunities. Applicants will be selected through the computer lottery system. This scheme will prove effective in making the citizens of Bihar self-reliant and economically empowered. Applicants can apply online from 05 to 20 February 2024. Applicants can register themselves directly by clicking on udyami.bihar.gov.in.

Objective and Features of Bihar Laghu Udyami Yojana:

  • The main objective of the Bihar Laghu Udyami Yojana 2024 is to foster economic development among various categories of impoverished families in Bihar.
  • The Bihar government aims to provide loans up to ₹2 lakh at a very low cost to the poor and BPL citizens for business or small-scale industries purposes.
  • The state government will provide 25% of the total amount in the first installment, 50% in the second installment, and the remaining 25% in the third installment directly to the beneficiaries’ bank accounts.
  • A total of 62 industries have been included under the Bihar Small Entrepreneur Scheme to provide financial assistance for self-employment.
  • The scheme is planned to remain in effect for the next 5 years, aiming to benefit at least one member of each of the approximately 94 lakh impoverished families in the state.

Eligibility of Bihar Laghu Udyami Yojana:

  • Applicant must be a permanent resident of the state of Bihar.
  • Applicant must belong to BPL or poor communities.
  • Monthly income of the applicant’s family should be 6000 rupees or less.
  • Citizens from all categories of the state, falling under the economically disadvantaged group, are eligible to apply under this scheme.
  • Applicant must be an age between 18 to 50 years.
  • Applicant must have intermediate, ITI, Polytechnic diploma, etc.
  • Applicant’s bank account should be linked with the Aadhaar card.

Documents Required To Apply

  • Aadhar card
  • Address proof
  • income certificate
  • caste certificate
  • Bank account statement
  • age certificate
  • passport size photo
  • mobile number

Steps To Apply Online For Bihar Laghu Udyami Yojana 2024:

To apply online for Bihar Laghu Udyami Yojana 2024 applicants can follow the steps listed below.

  • Visit the official website of Bihar Laghu Udyami Yojana which is udyami.bihar.gov.in.
  • Now from the home page click on the registration option.
  • Then enter your Aadhar card number and password.
  • Click on the login option.
  • Now a new tab will open in which click on the apply online option.
  • Enter the required details.
  • Upload the documents in the asked format.
  • Finally, click on the submit option.
  • Your registration has been submitted successfully.

For more details contact out team at +91-7991109093 or drop email us at [email protected]

Note: This Post was last updated on February 6, 2024

Disclaimer: The entire contents of this document have been prepared on the basis of relevant provisions and as per the information existing at the time of the preparation i.e. February 6, 2024. Although care has been taken to ensure the accuracy, completeness and reliability of the information provided, We assume no responsibility therefore. Users of this information are expected to refer to the relevant existing provisions of applicable Laws. The user of the information agrees that the information is not a professional advice and is subject to change without notice. We assume no responsibility for the consequences of use of such information. IN NO EVENT SHALL WE SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, SPECIAL OR INCIDENTAL DAMAGE RESULTING FROM, ARISING OUT OF OR IN CONNECTION WITH THE USE OF THE INFORMATION.

Avatar photo
Sunita

Founder & Director | COO & CHRO at eTaxFinance | Content Writer at eTaxFinance Blog | Department Head for Intellectual Property & Startup Team | Head-Corporate Strategy and Planning