What this scheme offers
An unemployed young person in Arunachal Pradesh with a genuine business idea often can't access commercial credit on ordinary terms — no track record, no substantial collateral, and interest rates that make a new venture riskier than it needs to be. Deen Dayal Upadhyaya Swavalamban Yojana addresses that directly: subsidy on a startup loan, reducing the effective cost of borrowing so first-time entrepreneurs can access low-cost capital for setting up a new enterprise rather than either giving up on the idea or taking on debt at punishing rates.
Who is eligible
- Unemployed youth resident in Arunachal Pradesh.
- Proposing a viable startup/business idea.
- Meets the eligibility criteria set by the Department of Industries.
Documents required
- Aadhaar card
- Business plan/project proposal
- Educational qualification certificates, where relevant
- Bank account details
How to apply
- Apply through the Department of Industries or your District Industries Centre.
- Submit your business proposal along with identity documents.
- Applications are evaluated for viability by the department.
- Once approved, the loan subsidy is applied, reducing your effective borrowing cost for the startup loan.
- Check with your District Industries Centre for current eligibility criteria and the application process, as scheme terms can be revised.