The schemes included interest subsidy and bank guarantee on loan for setting up industrial units.
Notable among them is ‘Mukhyamantri Yuva Swarojgar Yojna', a self-employment scheme under which Government will give 5 per cent subsidy on interest and 100 per cent bank guarantee on a loan of Rs 25 lakh for setting up an industry.
For small-scale industries requiring an investment of Rs 50,000, Government will give 20 per cent margin money, 100 per cent guarantee on bank loan and 5 per cent subsidy on interest, Bajpai said.
The scheme will motivate the youth to opt for self-employment in a big way, he said.
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