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Six points on Prime minister's Rozgar …

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Six points on Prime minister's Rozgar Yojna ( PMRY)

    • Posted by Ishu Bansal 4 years, 10 months ago

    CBSE > Class 12 > Economics
    • 1 answers

    Yogita Ingle 4 years, 10 months ago

    • The repayment tenure for this loan for unemployed extends between 3 to 7 years after moratorium period completion.
    • The scheme provides project cost coverage of Rs. 2 Lakh, Rs.5 Lakh and Rs. 5 Lakh for the business sector, service sector and industry sector respectively.
    • Collateral-free loans of up to Rs.1 Lakh is available under the scheme.
    • The scheme covers all economically viable business options, which includes agricultural and allied activities. However, it excludes direct agricultural operations.
    • The scheme provides a subsidy of 15% of the project cost with a maximum of Rs. 12,500 for every individual. For North-Eastern regions, Himachal Pradesh, Uttaranchal and Jammu & Kashmir, the maximum subsidy extends to Rs.15,000.

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