Jaipur's Youth Self-Employment Scheme Sees Overwhelming Response, Doubles Target
In a remarkable display of enthusiasm, the Chief Minister's Youth Self-Employment Scheme, launched on January 22 this year, has attracted more than 21,500 applications within just one month. This figure more than doubles the initial target set for the current financial year, highlighting a strong demand for self-employment opportunities among the youth.
Expanded Scope and Budgetary Support
The government initially aimed to benefit 10,000 individuals through this scheme in the current year. However, the state budget for 2026–27 has expanded the scope significantly, now targeting to cover 30,000 beneficiaries. This expansion reflects a commitment to fostering entrepreneurship and providing institutional support to young aspirants.
Official Insights and Implementation Progress
Officials from the industries department have noted that the overwhelming response indicates a growing appetite among youth for self-employment backed by robust institutional frameworks. Industry Commissioner Suresh Ola emphasized that the department is actively working to create a supportive ecosystem for entrepreneurship, ensuring that financial assistance reaches as many young people as possible.
"District managers have begun scrutinizing applications and forwarding them to banks for loan approval and disbursement. Already, about 1,500 applications have been sent to banks, marking the start of the implementation phase," said Ola, underscoring the proactive steps being taken to expedite the process.
District-Wide Participation Highlights
Among the districts, Jaipur leads with 1,358 applications, followed closely by Churu with 1,172 and Bikaner with 1,028. Other districts such as Jhalawar, Hanumangarh, Barmer, Dausa, and Sriganganagar have also reported strong participation, with 19 districts recording more than 500 applications each. This widespread engagement showcases the scheme's appeal across diverse regions.
Key Benefits and Eligibility Criteria
At the core of the scheme is the promise of interest-free loans of up to Rs 10 lakh, coupled with margin money support of up to Rs 50,000. The benefits are tailored according to educational qualifications to maximize impact.
- For applicants who have passed classes 8 to 12: They can access loans of up to Rs 3.5 lakh for services and trade, and up to Rs 7.5 lakh for manufacturing, along with margin money of up to Rs 35,000.
- For graduates, ITI diploma holders, and those with higher qualifications: They are eligible for larger loans of Rs 5 lakh in services and trade, and Rs 10 lakh in manufacturing, with margin money support of up to Rs 50,000.
Application Process and Requirements
Applications are being accepted online through SSO IDs and the e-Mitra portal, streamlining the process for convenience. Required documents include Aadhaar, domicile certificates, educational qualifications, and proof of majority ownership in case of institutional ventures, ensuring transparency and eligibility verification.
This initiative not only aims to reduce unemployment but also empowers the youth to become job creators, contributing to the state's economic growth and innovation landscape.
