Mukhyamantri Pichhada Varg Swa-Rozgar Yojana

The scheme has been launched since 2008-09 by the Backward Class and Minorities Welfare Department with a view to providing self-employment to the persons belonging to these sections in agricultural, industrial and service sectors.

There is a provision under the scheme to provide bank loan up to Rs 25 lakh to the beneficiaries out of whom 25 per cent is given as share capital subsidy and five per cent as subsidy on loan. Capital subsidy to the tune of Rs 3 crore 45 lakh was sanctioned to 454 beneficiaries under the scheme during the year 2009-10.

Under the Mukhyamantri Pichhada Varg Swa-Rozgar Yojana, a target has been set to extend benefits to 500 beneficiaries during the year 2010-11. So far, the capital subsidy to the tune of Rs four crore 71 lakh has been sanctioned to 400 beneficiaries.

Generally, the backward class people are economically weaker. They have to face a lot of problems if they want to start a self-employment. It is also difficult for them to take bank loans for the purpose. Implementation of this scheme has helped such a people a lot.