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Mukhyamantri Ati Pichhada Varg Udyami Yojana

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.

What you get

  • Substantial Financial Support: 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.

Who can apply

  1. The applicant must be a permanent resident of Bihar.
    1. The applicant must belong to Extremely Backward Classes.
    2. The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent.
    3. The applicant must be aged between 18 and 50 years.
    4. The business unit must be a proprietorship or partnership firm.

How to apply

Online

Registration Process:

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. Step 3: Click on the "Login" option after entering the details. **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.

Application Process:

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. Step 3: Upload all the required documents as specified in the instructions. Step 4: Review the application to ensure all information is correct. 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.

Details

The “Mukhyamantri Ati Pichhada Varg 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 male applicants from the General Category and Backward Class for establishing and operating business ventures, thereby fostering economic growth and empowerment in the state.