Mukhyamantri Alpasankhyak Udyami Yojana
Department of Industries
Last updated:
Overview
This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to ₹10,00,000/- for setting up businesses.
Details
The “Mukhyamantri Alpasankhyak Udyami Yojana” is a component of the umbrella scheme “Mukhyamantri Udyami Yojana”, launched by the Department of Industries, Bihar. The main objective of the scheme is to promote entrepreneurship and self-employment among individuals from all categories in the state. Under this component, financial assistance of up to ₹10,00,000/- is provided to applicants from Minority communities for establishing and operating business ventures, thereby fostering economic growth and empowerment in the state. <br>
Exclusions
• Applicants under this scheme are not permitted to apply for the following schemes:
Benefits
• **Substantial Financial Support:** Receive up to ₹10,00,000/- for setting up a business (50% of the total financial assistance (up to ₹5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to ₹5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.) - **Skill Development:** Mandatory training sessions are provided to enhance entrepreneurial skills.
Eligibility Criteria
1. The applicant must be a permanent resident of Bihar.
2. The applicant must belong to the Minority community.
3. The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent.
4. The applicant must be aged between 18 and 50 years.
5. The business unit must be a proprietorship or partnership firm.
6. > **Note:**
7. - Women belonging to the minority community have the option to apply for either of the following schemes, based on their preference:
8. Mukhyamantri Mahila Udyami Yojana
9. Mukhyamantri Alpasankhyak Udyami Yojana
Application Process
Step 1: Step 1: Visit the official website and click on "Registration/Log in". Select "Mukhyamantri Udyami Yojana" as "MMUY".
Online
Step 1: Visit the official website and click on "Registration/Log in". Select "Mukhyamantri Udyami Yojana" as "MMUY".
Step 2: Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password.
Online
Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password.
Step 3: Step 3: Click on the "Login" option after entering the details.
Online
Step 3: Click on the "Login" option after entering the details.
Step 4: Step 4:A registration form will appear. Fill in the required details carefully.
Online
Step 4:A registration form will appear. Fill in the required details carefully.
Step 5: Step 5: Once completed, click on the "Submit" button to finalize your registration.
Online
Step 5: Once completed, click on the "Submit" button to finalize your registration.
Step 6: Step 1: After successful registration, log in to the portal using your Aadhaar number and password.
Online
Step 1: After successful registration, log in to the portal using your Aadhaar number and password.
Step 7: Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details.
Online
Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details.
Step 8: Step 3: Upload all the required documents as specified in the instructions.
Online
Step 3: Upload all the required documents as specified in the instructions.
Step 9: Step 4: Review the application to ensure all information is correct.
Online
Step 4: Review the application to ensure all information is correct.
Step 10: Step 5: Click on the "Submit" button to complete the application process.
Online
Step 5: Click on the "Submit" button to complete the application process.
Step 11: Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Online
Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Required Documents
• Matriculation certificate (in which date of birth is mentioned).
• Intermediate or equivalent passing certificate.
• Caste certificate.
• Permanent residence certificate.
• Disability certificate (if required).
• Photograph of the applicant.
• Signature of the applicant.
Frequently Asked Questions
Q: What is the “Mukhyamantri Alpasankhyak Udyami Yojana”?
A: The "Mukhyamantri Alpasankhyak Udyami Yojana" is a component of the "Mukhyamantri Udyami Yojana" aimed at promoting entrepreneurship and self-employment among individuals from Minority communities in Bihar.
Q: Who can apply for the scheme?
A: Applicants must be permanent residents of Bihar, belong to Minority communities, be aged between 18 and 50 years, and meet the educational qualifications.
Q: What financial assistance is provided under the scheme?
A: Financial assistance of up to [?]10,00,000/- is provided, with 50% as a non-repayable grant and the remaining 50% as an interest-free loan (1% interest under certain sub-schemes).
Q: What is the grant component of the financial assistance?
A: 50% of the total financial assistance, up to [?]5,00,000/-, is provided as a non-repayable grant.
Q: What is the loan component of the financial assistance?
A: 50% of the total financial assistance, up to [?]5,00,000/-, is provided as an interest-free loan with a nominal 1% interest in specific cases.
Q: Is training mandatory under the scheme?
A: Yes, training is mandatory to enhance entrepreneurial skills and prepare applicants for successful business operations.
Q: What types of businesses are eligible under the scheme?
A: The scheme supports proprietorship or partnership firms.
Q: What are the educational qualifications required to apply?
A: Applicants must have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or an equivalent qualification.
Q: Is there an age limit for applicants?
A: Yes, applicants must be between 18 and 50 years old to qualify for the scheme.
Q: How does the scheme promote entrepreneurship?
A: The scheme provides financial support, training, and resources to help individuals from Minority communities start and run successful businesses, contributing to self-employment and economic growth.
Q: How can applicants use the financial assistance?
A: The funds can be used for establishing and operating a business, including site preparation, purchasing equipment, and other approved expenses.
Q: Can individuals from other states apply for this scheme?
A: No, only permanent residents of Bihar are eligible to apply.
Eligibility Criteria
The applicant must be a permanent resident of Bihar.
The applicant must belong to the Minority community.
The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent.
The applicant must be aged between 18 and 50 years.
The business unit must be a proprietorship or partnership firm.
> **Note:**
- Women belonging to the minority community have the option to apply for either of the following schemes, based on their preference:
Mukhyamantri Mahila Udyami Yojana
Mukhyamantri Alpasankhyak Udyami Yojana
Benefits
**Substantial Financial Support:** Receive up to ₹10,00,000/- for setting up a business (50% of the total financial assistance (up to ₹5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to ₹5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.) - **Skill Development:** Mandatory training sessions are provided to enhance entrepreneurial skills.
Required Documents
| # | Document |
|---|---|
| 1 | Matriculation certificate (in which date of birth is mentioned). |
| 2 | Intermediate or equivalent passing certificate. |
| 3 | Caste certificate. |
| 4 | Permanent residence certificate. |
| 5 | Disability certificate (if required). |
| 6 | Photograph of the applicant. |
| 7 | Signature of the applicant. |
How to Apply
Step 1: Visit the official website and click on "Registration/Log in". Select "Mukhyamantri Udyami Yojana" as "MMUY".
Online Step 1: Visit the official website and click on "Registration/Log in". Select "Mukhyamantri Udyami Yojana" as "MMUY".
Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password.
Online Step 2: A new page will open where you need to enter your Aadhaar number and create a desired password.
Step 3: Click on the "Login" option after entering the details.
Online Step 3: Click on the "Login" option after entering the details.
Step 4:A registration form will appear. Fill in the required details carefully.
Online Step 4:A registration form will appear. Fill in the required details carefully.
Step 5: Once completed, click on the "Submit" button to finalize your registration.
Online Step 5: Once completed, click on the "Submit" button to finalize your registration.
Step 1: After successful registration, log in to the portal using your Aadhaar number and password.
Online Step 1: After successful registration, log in to the portal using your Aadhaar number and password.
Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details.
Online Step 2: The application form will appear on your dashboard. Fill in the form accurately with all the necessary details.
Step 3: Upload all the required documents as specified in the instructions.
Online Step 3: Upload all the required documents as specified in the instructions.
Step 4: Review the application to ensure all information is correct.
Online Step 4: Review the application to ensure all information is correct.
Step 5: Click on the "Submit" button to complete the application process.
Online Step 5: Click on the "Submit" button to complete the application process.
Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Online Step 6: Download and print the acknowledgment receipt for your records. Keep it safe for future correspondence.
Frequently Asked Questions
The "Mukhyamantri Alpasankhyak Udyami Yojana" is a component of the "Mukhyamantri Udyami Yojana" aimed at promoting entrepreneurship and self-employment among individuals from Minority communities in Bihar.