___________ CM launched ‘Rajiv Yuva Vikasam’ to boost self-employment for youth.

  1. Telangana
  2. Andhra Pradesh
  3. Tamil Nadu
  4. Kerala

Answer (Detailed Solution Below)

Option 1 : Telangana

Detailed Solution

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The 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.
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