Archive · 22 May 2025
Telangana Seeks Bank Help for Youth Employment Scheme
Telangana's Deputy CM wants banks to help young people start their own businesses through the Rajiv Yuva Vikasam program.
The government will give money to help, and wants to give out approval letters on June 2nd.
They're also helping farmers with loan forgiveness, insurance, and solar power.
Plus, they're offering interest-free loans to women's groups.
The goal is to boost the economy and help people get jobs or start businesses.
Telangana Deputy CM seeks bank cooperation for the Rajiv Yuva Vikasam scheme.
The government aims to distribute sanction letters to eligible youth on June 2.
₹6,250 crore subsidy allocated for the self-employment scheme.
Focus on agriculture includes loan waivers, insurance, and solar pump sets for farmers.
Government plans ₹1 lakh crore in interest-free loans to women SHGs.
- Who
- Telangana Deputy CM Mallu Bhatti Vikramarka and banks.
- What
- Seeking cooperation of banks to achieve targets under Rajiv Yuva Vikasam.
- When
- During preparation for the Rajiv Yuva Vikasam and current financial year.
- Where
- Telangana
- Why
- To achieve Rajiv Yuva Vikasam targets, support farmers, and empower women.
Government Initiatives
Bank Cooperation
Scheme Implementation
Government Initiatives
Government aims to foster self-employment through the Rajiv Yuva Vikasam scheme, with subsidies.
Bank Cooperation
Banks are expected to cooperate and streamline the scheme's implementation.
- Scheme Name
- Rajiv Yuva Vikasam
- Subsidy for Rajiv Yuva Vikasam
- ₹6,250 crore
- Amount credited to farmers as loan waiver
- ₹21,000 crore
- Tribal Farmer Scheme
- Indira Soura Giri Jala Vikasam
- Solar Pump Sets Fund
- ₹12,600 crore
- Interest-free loans for women SHGs
- ₹1 lakh crore
- Green Energy Generation Target
- 20,000 MW
