The Rajasthan government’s Chief Minister Youth Self-Employment Scheme has received an encouraging response from across the state, with more than 5,000 applications submitted within 10 days of the application process opening. The scheme aims to promote entrepreneurship among youth by providing interest-free loans of up to ₹10 lakh.

Launched by Chief Minister Bhajan Lal Sharma on January 12, the scheme targets the establishment of micro-enterprises in the manufacturing, service, and trade sectors. Detailed guidelines were issued on January 15, and online applications were opened from January 22.

Industry and Commerce Commissioner Suresh Kumar Ola said that a total of 5,089 applications have been received so far, reflecting strong enthusiasm among young entrepreneurs. The applications will be scrutinised at the district level and subsequently forwarded to banks for loan approval and disbursement.

Interest-Free Loans and Financial Support

Under the scheme, the state government will bear the entire interest burden on the loans. In addition, provisions have been made for reimbursement of margin money up to ₹50,000 and the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) fee, reducing the financial burden on beneficiaries.

The government aims to extend benefits under the scheme to one lakh youth across the state.

District-Wise Response

Jaipur district recorded the highest number of applications at 385. Churu, Bikaner, Tonk, and Hanumangarh districts each received more than 200 applications. Several other districts, including Bundi, Sikar, Sri Ganganagar, Jodhpur, Dausa, Jhunjhunu, Nagaur, Bhilwara, Ajmer, and Alwar, also reported significant participation.

Loan Eligibility and Benefits

The scheme offers different loan limits based on educational qualifications:

• Applicants educated from Class 8 to Class 12 are eligible for:

  • Up to ₹3.5 lakh (service and trade sector)

  • Up to ₹7.5 lakh (manufacturing sector)

  • Margin money assistance up to ₹35,000

• Graduates, ITI pass-outs, and higher-qualified applicants are eligible for:

  • Up to ₹5 lakh (service and trade sector)

  • Up to ₹10 lakh (manufacturing sector)

  • Margin money assistance up to ₹50,000

Application Process

Eligible youth can apply online through their SSO ID or via e-Mitra centres. Required documents include Aadhaar card, domicile certificate, photograph, educational and technical qualification certificates, and proof of at least 51 per cent ownership in case of institutional enterprises.

Outlook

Officials said the scheme is a key component of the state’s employment and entrepreneurship strategy. With strong early participation, the government expects the programme to play a significant role in promoting self-employment and strengthening the state’s micro-enterprise ecosystem.