The Rajiv Yuva Vikasam Scheme is an initiative by the Telangana government aimed at providing financial assistance to unemployed youth for self-employment opportunities. The scheme is designed to empower individuals from marginalized communities, including SC, ST, BC, and minority groups.
Eligibility Criteria for the scheme
Here is the Eligibility Criteria for the scheme
Residency : Must be a permanent resident of Telangana.
Age : Applicants should be between 18 and 35 years old.
Employment Status : Must be unemployed and seeking self-employment opportunities.
Community : Belong to SC, ST, BC, or minority communities.
Income : Must come from economically disadvantaged families.
Previous Loans : Individuals who have availed loans from other government schemes are ineligible.
Financial Assistance
The scheme offers financial support in different categories:
Category 1 : Loans up to ₹1 lakh with 80% subsidy.
Category 2 : Loans ranging from ₹1 lakh to ₹2 lakh with 70% subsidy.
Category 3 : Loans ranging from ₹2 lakh to ₹3 lakh with 60% subsidy.
Mandatory Documents List
Aadhaar Card – For identity and address proof
Caste Certificate – SC/ST/BC/Minority certificate issued by a competent authority
Income Certificate – To prove economic background (usually below ₹1.5 lakh/year in rural areas or ₹2 lakh/year in urban)
Ration Card – For household verification
Passport – size Photograph – Recent color photo
Bank Account Details – Passbook copy or bank account number with IFSC
Educational Qualification Certificates – If any (not always mandatory but useful)
Unemployment Declaration – Self-declaration or certificate confirming the applicant is unemployed
Mobile Number – Registered number for OTP and scheme-related updates
Business Proposal/Plan (if applicable) – For those seeking loans for specific ventures or self-employment setups