30k youth to get interest-free loans under self-employment scheme in FY27

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Jaipur: The state govt has set a target to benefit 30,000 youth under the Chief Minister’s Youth Self-Employment Scheme in the financial year 2026–27, with preparations for implementation underway.

The industries and commerce dept plans to forward 60,000 applications to banks by June, twice the annual target, to accelerate disbursal. Of these, 30,000 applications will be sent in April, followed by 15,000 each in May and June, a senior official of the dept said.

Under the scheme, applicants who have passed Classes 8-12 are eligible for interest-free loans of up to Rs 3.5 lakh for service and trade sectors, and up to Rs 7.5 lakh for manufacturing. They are also entitled to margin money support of up to Rs 35,000.

For graduates, ITI-certified candidates, and those with higher educational qualifications, the scheme offers interest-free loans of up to Rs 5 lakh for service and trade sectors, and up to Rs 10 lakh for manufacturing, along with margin money assistance of up to Rs 50,000.

Districts have been instructed to forward double the number of applications relative to their assigned targets within fixed timelines.

Industries and commerce commissioner Neelabh Saxena said that more than 73,000 applications have already been received under the scheme from individuals seeking financial support to start their own businesses.

These applications represent a cumulative loan demand of approximately Rs 3,580 crore. So far, over 31,000 applications have been forwarded to banks by district industries centres.

The scheme was launched by Chief Minister Bhajan Lal Sharma on Jan 12, 2026, with the application process starting on Jan 22. Saxena said the govt aims to create a robust self-employment ecosystem by extending financial assistance to a large number of youth.

Continuous monitoring at the headquarters level is being undertaken to ensure effective implementation, he added

Department officials said that eligible youths can apply online through their SSO ID or via e-Mitra centres. Required documents include Aadhaar card, domicile certificate, photograph, and proof of educational and technical qualifications. In case of institutional applications, documents proving at least 51% ownership are mandatory, the officials said.

GFX Matter

Eligibility (Classes 8–12):

Interest-free loans up to Rs 3.5 lakh for service and trade sectors

Interest-free loans up to Rs 7.5 lakh for manufacturing

Margin money support up to Rs 35,000

Eligibility (Graduates, ITI-certified, Higher Education):

Interest-free loans up to Rs 5 lakh for service and trade sectors

Interest-free loans up to Rs 10 lakh for manufacturing

Margin money assistance up to Rs 50,000Get real-time updates and result insights on the CBSE 12 Result 2026.