Bihar Small Entrepreneur Scheme 2025: Under a state government initiative, the Bihar Cabinet provided financial assistance of Rs 2 lakh per family to around 94 lakh families. They earn Rs 6,000 or less each month. So, this initiative has been developed to encourage people to work for themselves and start businesses. According to the caste-based survey data, 94,33,312 families in Bihar earn less than Rs 6,000 per month. Under the Bihar Small Entrepreneur Scheme 2025, the state government will now provide financial assistance of Rs 2 lakh per person for self-employment and entrepreneurship. S Siddharth, the Additional Chief Secretary, was announced on Tuesday. Continue reading this article for more details. All significant information concerning the scheme 2024 will be provided here.
Bihar Small Entrepreneur Scheme Overview
Under the Bihar Small Entrepreneur Scheme, the state government would now provide financial assistance of Rs 2 lakh per person for self-employment and entrepreneurship. The committee responsible for approving financial aid for families will be chaired by the extra chief secretary of the industries department. A senior official suggested that investors can fund small-scale/cottage industries. The initiative covers handicrafts, textiles, service sectors, and electrical items. Workers in unorganized sectors will now be compensated for unnatural or accidental deaths. As of 2 lakhs (formerly 1 lakh) and 1 lakh (previously 75,000).
Bihar Small Entrepreneur Scheme Details
Name of the scheme | Bihar small entrepreneur scheme |
Launched by | Bihar government |
Beneficiaries | Residents of Bihar |
Objective | To provide financial support to poor persons in doing business. |
Amount to be given | 2 lakhs |
Bihar Small Entrepreneur Scheme Objective
The primary goal of the Bihar Small Entrepreneur Scheme is to provide financial help to poor people. Economically disadvantaged individuals can use this money to launch a small business. To address the issue of unemployment, the Bihar government launched a self-employment project that will provide financial support of Rs 2 lakh to businesses. On Tuesday, the Bihar Cabinet approved financial aid for around 94 lakh people earning Rs 6,000 or less per month, totaling Rs 2 lakh per family. This money will help Bihar’s impoverished and needy citizens start businesses. This strategy will undoubtedly improve people’s standing and quality of life.
Bihar Small Entrepreneur Scheme Eligibility Criteria
- The applicant must be a resident of Bihar
- The applicant should belong to the BPL community.
- The applicant must be earning less than 6,000 rupees per month.
Bihar Small Entrepreneur Scheme Benefits
- The Bihar Small Entrepreneur Scheme’s major purpose is to help those in need financially.
- People with modest incomes can utilize this money to start a small business.
- To address the issue of unemployment, the Bihar government created a self-employment initiative that provides financial assistance of Rs 2 lakh to businesses.
- On Tuesday, the Bihar Cabinet approved financial support for around 94 lakh persons, each of whom earns Rs 2 lakh if their monthly income is Rs 6,000 or less.
- The needy and impoverished in Bihar will be able to start enterprises with this money.
- This initiative surely improves people’s status and way of living.
Bihar Small Entrepreneur Scheme Features
- Under the Bihar Small Entrepreneur Scheme, the state government will now grant Rs 2 lakh in financial assistance to individuals seeking self-employment or entrepreneurship.
- The top official stated that investors can finance cottage/small-scale companies.
- The extra chief secretary of the industries department will chair the committee responsible for approving the families’ financial support.
- Examples include electrical goods, handicrafts, textiles, services, and the Bihar Small Entrepreneur Scheme.
- Workers in unorganized businesses will now get compensation in the case of an unnatural or accidental death. As of two lakh rupees.
Bihar Small Entrepreneur Scheme Selection Process
Citizens earning less than 6,000 Rs per month will be eligible for this plan.
The Bihar government would only provide benefits under this initiative to those in need in the state.
Bihar Small Entrepreneur Scheme Required Document
- Aadhar card
- Pan card
- Bank passbook
- Income certificate
- Income proof
- Business idea
How to Apply Online Bihar Small Entrepreneur Scheme 2025?
To apply for the Bihar Small Entrepreneur Scheme online, follow these steps.
Step 1: First, you must visit the official website of the scheme.
Step 2: After that, on the homepage of the website, choose the register option.
Step 3: After selecting the register option, you will be led to another page.
Step 4: They fill in the essential details appropriately.
Step 5: Then click on submit to get yourself registered for the scheme.
Bihar Small Entrepreneur Scheme Important Link
Official Website | Click Here |
Home Page | Click Here |