News India Live, Digital Desk: Rajiv Yuva Vikas Yojana 2025: Telangana was launched by the state government with great ambition. Alert for those applying for loans under Rajiv Yuva Vikas Yojana… There is an interesting news for those applying for loan under Rajiv Yuva Vikas Yojana. Rajiv Yuva Vikasam Yojana is scheduled to begin on June 2. The government will start issuing loan acceptance letters to eligible beneficiaries under this scheme. More than 16 lakh applications were received for this scheme. Minister Pongulati Srinivas Reddy recently told this to the media. After the intensive investigation process, the selected beneficiaries will start receiving loan approval letters at the division level between June 2 to June 9. Interviews with applicants are also being conducted during this review.
Under this scheme, Rs. 50,000 to Rs. The amount up to Rs 5 lakh depends on the eligibility of the applicant and the type of business to be established by them. However, applicants will have to meet some eligibility criteria including good CIBIL score. Those whose credit history is poor or those who have not repaid previous loans (such as agricultural loans, home loans or personal loans) are not eligible for financial assistance. During the interview conducted for loan acceptance, questions can be asked about the unit you are planning to establish. The beneficiaries will be identified and checks will be distributed only after this interview. There are reports that the beneficiaries will be selected in the MPDO office. However, all this is done under the supervision of the District Collector. However, the government did not say that it would announce the beneficiaries in advance. Therefore, the government will release the details of the beneficiaries till Telangana Foundation Day on 2 June.
After the distribution of loan acceptance letters, a week -long training program is conducted for selected beneficiaries, according to the specific types of self -employment unit to be established by them. The purpose of this training is to provide them the skills that they will need in their new business.
Rajiv Yuva Vikas Yojana is a major step towards promoting entrepreneurship among the youth of Telangana. By combining financial assistance with practical skill-based training, the scheme aims to create a generation of self-employment individuals who will help reduce unemployment and provide financial assistance.
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