Rajasthan Mukhyamantri Yuva Swarozgar Yojana

Scheme Introduction: A Brief Overview

• CM of Rajasthan Shri Bhajanlal Sharma formally launched the Mukhyamantri Yuva Swarozgar Yojana on 12 January 2026, marking the occasion of National Youth Day.
• The scheme has been introduced with the core aim of promoting entrepreneurship among young people and ensuring they have access to financial support to start their own ventures.
• It is being implemented by the Industries and Commerce Department of the Government of Rajasthan.
• The scheme will remain operational in the state up to 31 March 2029.
• Through this initiative, the Rajasthan Government is offering interest-free loans to eligible youth to help them establish or expand entrepreneurial projects.
• The entire interest component on the sanctioned loan is borne by the state government, making the loan fully interest-free for beneficiaries.
• Permanent residents of Rajasthan between 18 and 45 years of age are eligible to apply for financial assistance under Mukhyamantri Yuva Swarozgar Yojana of the Rajasthan Government.
• Applicants who have studied from Class 8 to Class 12 can receive up to Rs. 3.5 lakh for service or business activities and up to Rs. 7.5 lakh for manufacturing projects.
• Such applicants must contribute margin money equal to 10% of the loan amount, capped at Rs. 35,000.
• Youth holding a graduation degree, ITI certificate, or higher educational qualification can avail up to Rs. 5 lakh for service or business ventures and up to Rs. 10 lakh for manufacturing units.
• In this category, margin money of 10% of the loan amount is required, subject to a maximum of Rs. 50,000.
• Selected beneficiaries are also provided access to short-term skill development programmes through Rajasthan Skill and Livelihoods Development Corporation to strengthen their entrepreneurial skills.
• In addition to individual applicants, registered HUFs, societies, partnership firms, LLPs, companies, and self-help groups are also eligible to seek financial support under the scheme.
• The government aims to nurture around one lakh young micro-entrepreneurs every year through this initiative.
• Eligible youth can establish ventures in sectors such as MSME, manufacturing, services, tourism, renewable energy, agriculture, animal husbandry, and technology-driven businesses.
• The application process is currently open, and interested candidates can submit their forms online to avail the benefit of Mukhyamantri Yuva Swarojgar Yojana.
• The online application form is available through the state's Rajasthan Single Sign-On (SSO) Portal.

Scheme Benefits

• Selected youth receive interest-free loans to start a new business or expand an existing one, with 100% interest subsidy provided by the government.
• For Class 8th to 12th pass applicants :-
  • Up to Rs. 3.5 lakh for the Service and Business sector.
  • Up to Rs. 7.5 lakh for the Manufacturing Sector.
  • 10% margin money required (Maximum Rs. 35,000)
• For Graduates / ITI / Higher qualified applicants :-
  • Up to Rs. 5 lakh for the Service/ Business Sector.
  • Up to Rs. 10 lakh for the Manufacturing Sector.
  • 10% margin money required (Maximum Rs. 50,000)
• Beneficiaries can also take short-term skill training through the Rajasthan Skill and Livelihoods Development Corporation.
• Around 1 lakh young entrepreneurs are targeted to benefit from the scheme every year.

Eligibility Requirements

• Only candidates who are permanent residents of Rajasthan can apply under the scheme.
• The applicant must be between 18 and 45 years of age at the time of application submission.
• Apart from individual youth applicants, registered entities such as HUFs, societies, partnership firms, LLPs, companies, and self-help groups are also eligible to seek benefits.
• Any person or entity declared as a defaulter by a bank or financial institution will not be considered eligible.
• The sanctioned loan amount must be repaid within a maximum period of five years.
• Additionally, a moratorium period of six months is granted, during which the beneficiary is not required to start repayment immediately.

Required Documents

• Proof of Residence in Rajasthan, such as a domicile or residence certificate.
• Jan Aadhaar Card.
• Aadhaar Card.
• Active Bank Account Details.
• Valid Mobile Number.
• Email ID.
• A brief project or business plan.
• Recent Photo.

Steps to Apply

• Eligible youth from Rajasthan can submit an online application to avail interest-free financial assistance under the Mukhyamantri Yuva Swarozgar Yojana.
• The application form for this scheme is accessible through the state government's official Rajasthan Single Sign-On (SSO) Portal.
• To begin the process, the applicant must open the SSO Portal and select the Registration option.
• Registration on the SSO platform can be completed using a Jan Aadhaar number or a valid Email ID.
• After successful registration, the system sends the login credentials (User Name and Password) to the registered email address.
• Use the provided credentials to log in to the SSO account.
• Once logged in, enter "Mukhyamantri Yuva Swarozgar Yojana (MYSY)" in the search bar and select the relevant service icon.
• The online application page for the scheme will then open on the screen.
• A dashboard will appear, where the applicant needs to choose the "New Application" option.
• Clicking on "New Application" will initiate a fresh application for the Mukhyamantri Yuva Swarojgar Yojana.
• The complete online form is divided into seven stages that must be filled sequentially :-
  • In Step 1, provide the required general information as asked in the form.
  • In Step 2, enter your personal details carefully.
  • In Step 3, fill in both your present and permanent address information.
  • In Step 4, submit details regarding the proposed place of business or workspace.
  • In Step 5, provide complete information about the project, including business type and financial requirements.
  • In Step 6, select the preferred bank or financial institution from which you intend to obtain the loan.
  • In Step 7, upload all necessary supporting documents as specified.
• Before final submission, review the entire application form to ensure all details are correct, then submit it online.
• After submission, the concerned officials at the District Industries and Commerce Centre will conduct the initial verification of the application and documents.
• Applications found eligible for interest-free assistance under the state scheme will be forwarded to the Selection Committee for final consideration.
• Following approval, the Selection Committee will send the recommended list of applicants to the concerned bank or financial institution for further scrutiny and loan disbursement.

How to Prepare a Project Report for Mukhyamantri Yuva Swarozgar Yojana

• Many applicants face difficulty while uploading the project report during the online application process under the Mukhyamantri Yuva Swarozgar Yojana.
• In reality, preparing a basic project report for a loan is not complicated if you follow a clear structure.
• You may get it prepared through a Chartered Accountant, or you can draft it yourself in a simple and practical format.
• Start the project report by clearly mentioning the name of your proposed business or project at the top of the report.
• Then explain the nature of your business, such as what kind of activity you will carry out and which products or services you plan to offer.
• Add a short note on why you selected this business idea and how it has the potential to earn income in your area.
• Clearly mention the location of the business, along with basic infrastructure or facilities you will use, such as shop space, machinery, electricity, or equipment.
• Provide details of the total estimated project cost, along with a brief explanation of how you arrived at that figure.
• Specify the loan amount you are seeking under the scheme.
• Explain how the loan funds will be utilized for example, purchasing machinery, raw materials, shop rent, equipment, or working capital.
• Include an estimate of your expected monthly and annual income based on realistic assumptions.
• Describe your target customers and outline a simple marketing plan for how you will attract and retain buyers.
• List the major expenses involved in running the business, such as raw materials, employee wages, rent, transportation, electricity, etc.
• Mention any skills, training, qualifications, or prior experience you have that is relevant to the proposed business.
• Conclude the report by explaining how the projected income will enable you to repay the loan within the repayment period, showing that your business plan is financially viable and sustainable.

Relevant Links

• Rajasthan Single Sign On Portal.
• Rajasthan Mukhyamantri Yuva Swarozgar Yojana Guidelines.
• Rajasthan Department of Industries and Commerce Website.

Contact Information

• Rajasthan Department of Industries and Commerce Contact Numbers.