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Business & Entrepreneurship

Mukhyamantri Ati Pichhada Varg Udyami Yojana

This is a flagship scheme of the Bihar government aimed at promoting entrepreneurship and self-employment among the youth by providing financial assistance of up to ₹10,00,000/- for setting up businesses.

Authority

State/ UT

Region

Bihar

Status

Verified 2026

Updated

March 2026

What you get

- Substantial Financial Support: Up to ₹10,00,000/- for setting up a business (50% of the total financial assistance (up to ₹5,00,000/-) is provided as a non-repayable grant. The remaining 50% (up to ₹5,00,000/-) is offered as an interest-free loan, with a nominal 1% interest under specific sub-schemes.) - Skill Development: Mandatory training sessions are provided to enhance entrepreneurial skills.

Who can apply

The applicant must be a permanent resident of Bihar.; The applicant must belong to Extremely Backward Classes.; The applicant should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or equivalent.; The applicant must be aged between 18 and 50 years.; The business unit must be a proprietorship or partnership firm.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is the “Mukhyamantri Ati Pichhada Varg Udyami Yojana”?

The "Mukhyamantri Ati Pichhada Varg Udyami Yojana" is a component of the "Mukhyamantri Udyami Yojana" aimed at promoting entrepreneurship and self-employment among individuals from the Extremely Backward Classes in Bihar.

Who is eligible to apply for this scheme?

Applicants must be permanent residents of Bihar, belong to the Extremely Backward Classes, and be aged between 18 and 50 years.

What is the financial assistance provided under this scheme?

The scheme provides financial assistance of up to [?]10,00,000/-, with 50% as a non-repayable grant and the remaining 50% as an interest-free loan (1% interest under specific sub-schemes).

What are the educational qualifications required to apply?

Applicants should have passed at least 10+2, Intermediate, ITI, Polytechnic Diploma, or an equivalent qualification.

What type of businesses are eligible under this scheme?

The scheme supports businesses operating as proprietorship or partnership firms.

Is there any age limit to apply for the scheme?

Yes, applicants must be aged between 18 and 50 years.

Does the scheme offer training for applicants?

Yes, mandatory training sessions are provided to enhance entrepreneurial skills and ensure the successful implementation of business ventures.

What is the purpose of the financial assistance?

The financial assistance is meant to support the establishment and operation of business ventures, including project site preparation, infrastructure, and other approved expenses.

How is the financial assistance disbursed?

The funds are disbursed in installments through RTGS/NEFT directly to the applicant's business account.

Are there any restrictions on the type of business to be established?

The business must align with the project guidelines and be structured as a proprietorship or partnership firm.

Is there a deadline to apply for the scheme?

The deadlines are subject to updates by the Department of Industries, Bihar, and applicants are advised to check the official website for details.