Sunday, November 3, 2019

5 Government Loan Scheme for Unemployed Youth

5 Government Loan Scheme for Unemployed Youth

Unemployment is one of the biggest problems in the country.  The government is also pushing Adichotti to resolve the issue.  On the one hand, the growing population of India and the low jobs against it, the youth are facing unemployment.  But this disappointment has brought the government's enthusiasm for them.  If you do not know, you can get a loan using this scheme.

 Prime Minister's Employment Scheme

 The scheme provides loans to the unemployed by the government.  This allows unemployed young people to start their own start-ups.  This loan is given to those who have received up to grade eight education.  After which they are given a grant of Rs 5 lakh from the government.  A person needs to be 18-35 years old to get this loan.

 1.Loan subsidy scheme

 This scheme is not available in all states.  The Tamil Nadu government provides unemployed youth with a 25 percent loan loan under the Nifty scheme.  So, on the basis of the government-subsidized NEEDS scheme, the government gives loans to graduate youth.

 2.Cash loan

 Not all states get the NEED, only in West Bengal this government scheme is available.  The scheme has been given to unemployed youth to start a new business.  An unemployed person can apply for a loan of Rs 50,000.  That requires the unemployed youth to be 18-45 years old.

 3.Agricultural loan

 The loan is given to those who are unemployed in the agricultural sector.  For this, the age of the unemployed should not be 22 years or more.  An unemployed youth who is a graduate can apply for this loan scheme.
See fullClick on the link below for information on Gujarati Government Loan facility for unemployed youth