Mukhyamantri Hunar Vikas Yojana- Self-Employment/Business

Description
The "Mukhyamantri Hunar Vikas Yojana – Self-Employment/Business" was launched by the Department of Social Justice and Empowerment, Government of Rajasthan with the objective of providing financial assistance to beneficiary boys and girls under the State Government’s Palanhar Scheme to help them establish their own self-employment ventures or businesses after completing their training. The scheme aims to create employment opportunities and ensure a dignified livelihood for these beneficiaries upon the completion of their training. Under this scheme, the State Government provides financial assistance to eligible boys and girls in two installments: 60% of the total sanctioned amount is disbursed in the first installment, and the remaining 40% in the second installment. The assistance is specifically for setting up self-employment or business activities related to the training course completed by the beneficiary. The scheme is implemented by the Department of Social Justice and Empowerment, Rajasthan, at the state level and by the Deputy Director/Assistant Director, Department of Social Justice and Empowerment, at the district level.

Exclusions
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Benefits
• Financial assistance up to ₹50,000 or the actual/estimated cost, whichever is lower, to establish self-employment/business.
• First Installment: 60% for establishing the necessary shop/location or purchasing equipment, raw materials, etc.
• Second Installment: After establishing, the remaining 40% amount will be paid based on the inspection report by the officer appointed by the District Collector.
• The financial assistance is directly deposited into the beneficiary's bank savings account.

Eligibility Criteria
1. The applicant should be a beneficiary under the Palanhar Scheme of Rajasthan.
2. The applicant should have completed skill training under the scheme.
3. The applicant’s age should be 21 years or above.
4. The applicant should be registered their business through Udyam Aadhaar Portal is required for self-employment assistance.

Required Documents
• Passport-size Photo
• Copy of Jan Aadhaar Card
• Certificate of Educational Qualification (proof of the prescribed educational qualification for the relevant program)
• Udyog Aadhaar Registration Certificate
• Bank Passbook
• Residence proof

Frequently Asked Questions
Q: What is Mukhyamantri Hunar Vikas Yojana?
A: It is a scheme providing skill training, higher education, and self-employment support to Palanhar beneficiaries.

Q: Who implements the Mukhyamantri Hunar Vikas Yojana?
A: The Department of Social Justice and Empowerment, Government of Rajasthan.

Q: What is the maximum grant amount for starting my own business?
A: The maximum grant is ₹50,000 or the actual/estimated cost, whichever is less.

Q: Is the grant amount provided in a single payment?
A: No, it is given in two installments: 60% initially and 40% after business verification.

Q: Does the business need to be related to the training I received?
A: Yes, the business must be directly related to your completed skill training.

Q: What if my business setup costs exceed the grant amount?
A: The applicant will need to cover the additional expenses yourself.
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Q: Can the grant amount be increased in the future?
A: Yes, the state government may increase the grant amount.

Q: Is there an age limit to be eligible for this benefit?
A: Yes, the applicant must be under 21 or within one year of training completion.

Q: What is Udyog Aadhaar and how do I obtain it?
A: Udyog Aadhaar is a registration for MSMEs, and the applicant can obtain it through the online portal of the Ministry of MSME.

Q: When is the second installment released?
A: After verification by the District Officer confirming the actual establishment of the business or purchase of necessary items.

Q: Is the financial assistance transferred directly to the beneficiary?
A: Yes, the amount is directly transferred to the beneficiary’s bank account.

Q: What is the time limit for application processing?
A: The application must be scrutinized and processed within one month by the District Officer.

Q: What kind of businesses are eligible for support under the scheme?
A: Any business or self-employment activity related to the training course completed by the beneficiary.