Question
Download Solution PDF___________ CM launched ‘Rajiv Yuva Vikasam’ to boost self-employment for youth.
Answer (Detailed Solution Below)
Option 1 : Telangana
Detailed Solution
Download Solution PDFThe Correct Answer is Telangana.
In News
- Telangana CM launches ‘Rajiv Yuva Vikasam’ to boost self-employment for youth.
Key Points
- Chief Minister A. Revanth Reddy launched the 'Rajiv Yuva Vikasam' scheme on the Assembly premises.
- The scheme aims to provide self-employment loans to youth from Scheduled Castes (SC), Scheduled Tribes (ST), Backward Classes (BC), and Minority communities.
- The total financial allocation for the scheme is ₹6,000 crore.
- Under the scheme, eligible youth can receive financial assistance up to ₹3 lakh to establish self-employment units.
- Loan subsidies:
- Loans up to ₹1 lakh will receive an 80% subsidy.
- Loans up to ₹2 lakh will receive a 70% subsidy.
- Loans up to ₹3 lakh will receive a 60% subsidy.