Sikkim Skilled Youth Startup Scheme

Sikkim state government has launched Skilled Youth Startup Scheme 2020 for educated unemployed youth. Chief Minister Prem Singh Tamang has started this Kaushal Yuva Start up Yojana at Samman Bhawan on 18 September 2020.

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Key-Points

In this scheme, the state govt. will provide loans on subsidy to enable jobless candidates to generate employment opportunities.

The new Sikkim Skilled Youth Start-up Scheme aims to generate fair entrepreneurial opportunities in rural and urban areas of the state.

Kaushal Yuva Startup Yojana will provide benefits mostly to the educated unemployed youth.

In this article, we will tell you about the apply process, assistance as subsidy on loans and complete details about the scheme.

Sikkim Skilled Youth Startup Scheme will assist the youth in setting up a myriad of enterprises through loans with back-ended financial subsidy assistance.

The financial aid to unemployed candidates will vary from 50% for Below Poverty Line (BPL) and 35% for the rest on financially viable/bankable projects from the state government.

Commerce and Industries Department will implement the scheme through the District Industries Centres (DICs).