The "Mukhyamantri Yuva Udyami Yojana" is a component of the "Mukhyamantri Udyami Yojana", aimed at promoting entrepreneurship and self-employment among male applicants from the General Category and Backward Class in Bihar.

The scheme was launched by the Department of Industries, Bihar.

Only male applicants from the General Category and Backward Class who are permanent residents of Bihar and meet other criteria are eligible to apply.

The scheme provides financial assistance of up to ₹10,00,000/-, with 50% (up to ₹5,00,000/-) as a non-repayable grant and the remaining 50% as an interest-free loan (with 1% interest under specific sub-schemes).

Applicants must be between 18 and 50 years of age.

Applicants should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or an equivalent qualification.

The business unit must be a proprietorship or partnership firm to qualify for the scheme.

Yes, mandatory training sessions are conducted to enhance the entrepreneurial skills of the applicants.

The financial assistance can be used to set up and operate the business, including expenses for project site preparation, electricity connections, and safety kits.

The loan is interest-free, with a nominal 1% interest rate under specific sub-schemes.

No, only permanent residents of Bihar are eligible to apply for this scheme.

After successful application submission and mandatory training, the financial assistance is disbursed in installments directly to the applicant’s business account.