https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Bihar Cabinet Approves ‘Mukhya Mantri Divyangjan Udyami Yojana’ Offering ₹10 Lakh Support to 100 Specially-Abled Entrepreneurs- Know More

The scheme provides ₹5 lakh interest-free loan plus ₹5 lakh subsidy to promote entrepreneurship among specially-abled individuals, with plans to expand beyond the initial 100 beneficiaries.
Indian Masterminds Stories

Patna: In a significant move ahead of the upcoming assembly elections, the Bihar cabinet, chaired by Chief Minister Nitish Kumar, approved the launch of the Mukhya Mantri Divyangjan Udyami Yojana. This new initiative aims to promote entrepreneurship among specially-abled persons by providing them with substantial financial support.

Financial Support for Specially-Abled Entrepreneurs

Under the scheme, specially-abled individuals will receive a ₹5 lakh interest-free loan along with an additional ₹5 lakh subsidy, enabling them to start or expand their businesses. This combined financial assistance of up to ₹10 lakh is designed to remove economic barriers and encourage self-reliance within this marginalized community.

Read also: Bihar on Fast Track: PM Modi and CM Nitish Unveil Rs13,000 Cr Mega Development Push in Bodh Gaya- Details Inside

Initial Rollout and Expansion Plans

The scheme will be introduced this year, initially benefiting 100 specially-abled entrepreneurs, with plans to expand as more applications are received. The program will function as a distinct category under the broader Mukhya Mantri Udyami Yojana, which already supports other groups like minorities and women.

Ongoing Initiatives to Promote Specially-Abled Artisans

Bandana Preyashi, Secretary of the Social Welfare Department, highlighted that the scheme’s objective is to foster entrepreneurship and economic independence among specially-abled persons. She also pointed out ongoing efforts such as the ‘Divya Kala Mela’ in Patna, which showcases and promotes products created by specially-abled artisans and entrepreneurs.

Additional Financial Grants and Future Plans

In addition to this scheme, the state government recently approved financial grants for specially-abled candidates who clear preliminary exams of the Bihar Public Service Commission (BPSC) and the Union Public Service Commission (UPSC)—₹50,000 and ₹1 lakh respectively—to support their preparation for mains exams.

The Social Welfare Department has also indicated plans to introduce further schemes aimed at empowering the specially-abled community, reflecting the government’s commitment to inclusive development.

Read also: CM Nitish Kumar Honours 12 Hindi Litterateurs with Seva Samman Awards 2023–24 in Patna; Jiyalal Arya Gets Baba Saheb Ambedkar


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
Rajnath Singh
Raksha Mantri to Inaugurate National Conference on Defence Manufacturing Opportunities in New Delhi
Yogi Adityanath sanitation workers
UP: CM Yogi Adityanath Announces ₹16,000–₹20,000 Monthly Salary and Free ₹5 Lakh Health Coverage for Sanitation Workers
Rural Bus Service
Chhattisgarh Government Launches Rural Bus Service to Connect 250 Tribal Villages Under CMRBS Scheme
INS-Androth
INS Androth Joins Indian Navy: 80% Indigenous Ship to Guard Shallow Waters, Strengthen Coastal ASW Capability
Patna Metro Inauguration Nitish Kumar
CM Nitish Kumar Inaugurates Patna Metro’s First Phase with 3.45 km Corridor Ahead of Bihar Elections
Uttar Pradesh Police (UP)_resized
UP IPS Reshuffle: 4 Senior Officers Transferred; Raghubir Lal Named Kanpur Commissioner, Akhil Kumar Relieved After a Month
PSU News PSUs News
Tamil Nadu CM Stalin Announces 20% Bonus for PSU Workers, Launches ₹600 Cr Welfare Projects for Tribals and Workers
SECL All-Women Central Store Unit
SECL Launches First All-Women Central Store Unit Under Government’s Special Campaign 5.0
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr G K Goswami IPS
Everything you ever wanted to know about e-murder, e-dacoity and data safety
IFS Ravikant Meena UPSC IFS
Ravikant Meena on IFS Preparation, Optionals, and Life in Forest Service
Siddhartha Saxena UPSC CAPF
How Siddhartha Saxena Cracked UPSC CAPF AIR 326 Against All Odds
ADVERTISEMENT
UPSC Stories
Utkarsh Ujjwal IAS
IAS Utkarsh Ujjwal Shares Key Advice for UPSC Aspirants: Work Ethic, Failure, and Focus
Read the inspiring journey of IAS Utkarsh Ujjwal, 2023 batch, Gujarat cadre. From IIT Guwahati to clearing...
Sagar Datta Majumdar UPSC CSE 2024 AIR 317
“Don’t get trapped in the vicious cycle of self-doubt,” says UPSC Achiever Sagar Datta Majumdar
Discover how Sagar Datta Majumdar from Agartala, Tripura, cracked UPSC CSE 2024 with All India Rank 317....
UPSC Chairman Ajay Kumar Live Interaction
From Cut-off Dates to Coaching & Reforms: UPSC Chairman Ajay Kumar Assures Aspirants of Fairness, Transparency & a Future-Ready UPSC | UPSC@100
A Century of Service: The UPSC’s Landmark Year Begins. Chairman Ajay Kumar on UPSC’s Centennial: “Merit,...
Social Media
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
Parag Madhukar Dhakate
Relentless Rains Wreak Havoc in Dehradun: IFS officer PM Dhakate Warns Citizens Amid Flash Floods
Cloudbursts in Dehradun triggered flash floods. IFS officer Dr. PM Dhakate warned citizens to stay indoors...
Forest Guard Tiger Encounter
Tigers Clash in the Wild as Forest Guards Capture Rare Footage , Retired IFS Mohan Pargaien Posts Viral Video
Retired IFS officer Mohan Pargaien shares viral video of three tigers brawling in Ramnagar, as forest...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
Rajnath Singh
Raksha Mantri to Inaugurate National Conference on Defence Manufacturing Opportunities in New Delhi
Yogi Adityanath sanitation workers
UP: CM Yogi Adityanath Announces ₹16,000–₹20,000 Monthly Salary and Free ₹5 Lakh Health Coverage for Sanitation Workers
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr G K Goswami IPS
IFS Ravikant Meena UPSC IFS
Siddhartha Saxena UPSC CAPF
ADVERTISEMENT
ADVERTISEMENT