The Government already facilitates educated unemployed youth in obtaining such loans in a number of ways which, inter alia, include,guiding interested applicants on proper filling up of application forms, identifying person specific activity to be taken up for business assistance in preparing a viable business plan, advising the applicants about the processes followed by banks & other funding institutions, Entrepreneurship education, Model business plans for different businesses posted on different portals for the guidance of aspiring entrepreneurs etc.
In addition, self-employment is supported through schemes such as Pradhan Mantri Mudra Yojana (PMMY), Prime Minister’s Employment Generation Programme (PMEGP), Pradhan MantriRojgarProtsahanYojana (PMRPY), Stand Up India (SUI), Pradhan Mantri YUVA Yojana (PMYY) etc.
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