Telangana CM Launches ‘Rajiv Yuva Vikasam’ Scheme: Telangana Chief Minister A. Revanth Reddy recently launched the much-awaited Rajiv Yuva Vikasam scheme, a major initiative dedicated to creating employment opportunities for young people. The scheme, introduced with a substantial budget of ₹6,000 crore, aims to empower unemployed youth across Telangana through robust financial assistance and training opportunities. As this scheme rolls out, young job seekers and entrepreneurs in the state now have a valuable chance to kick-start their careers and achieve financial independence.
With unemployment remaining a significant issue nationwide, Telangana’s latest step demonstrates proactive governance aimed at fostering economic growth and prosperity. The scheme emphasizes empowering youth from socially disadvantaged backgrounds, including Scheduled Castes (SC), Scheduled Tribes (ST), Backward Classes (BC), and minority communities.
Telangana CM Launches ‘Rajiv Yuva Vikasam’ Scheme
| Feature | Details |
|---|---|
| Launched By | Telangana Chief Minister A. Revanth Reddy |
| Budget Allocation | ₹6,000 crore |
| Target Beneficiaries | 5 lakh unemployed youth |
| Financial Assistance | ₹50,000 to ₹4 lakh per beneficiary |
| Employment Potential | 4,000 to 5,000 individuals per assembly constituency |
| Announcement of Beneficiaries | June 2 (Telangana Formation Day) |
| Application Deadline | April 5, 2025 |
| Official Application Portal | tgobmms.cgg.gov.in |
The launch of the Rajiv Yuva Vikasam Scheme by the Telangana Government symbolizes a major commitment towards youth empowerment, economic growth, and reducing unemployment in the state. This initiative not only encourages young individuals to pursue their entrepreneurial dreams but also promotes inclusive growth across Telangana. Youth who capitalize on this opportunity can build stable, self-reliant futures, significantly contributing to their communities and the broader economy.
Understanding the ‘Rajiv Yuva Vikasam’ Scheme
Why Was This Scheme Launched?
Telangana has witnessed rapid growth and development in recent years, but youth unemployment remains a pressing challenge. Recognizing this, the government introduced Rajiv Yuva Vikasam to tackle the employment gap effectively. By providing financial support and promoting self-employment, the scheme encourages youth entrepreneurship, significantly contributing to the local economy.
Who is Eligible?
This scheme specifically targets unemployed youth from economically and socially disadvantaged groups:
- Scheduled Castes (SC)
- Scheduled Tribes (ST)
- Backward Classes (BC)
- Minorities
To qualify, applicants must reside in Telangana, be unemployed, and have a strong interest in entrepreneurship or self-employment.
Financial Assistance Breakdown
Under this scheme, successful candidates will receive substantial financial assistance ranging between ₹50,000 to ₹4 lakh to establish their businesses. The subsidy structure varies based on the loan amount:
- Loans up to ₹1 lakh: 80% government subsidy; 20% by beneficiary
- Loans from ₹1 lakh to ₹2 lakh: 70% government subsidy
- Loans up to ₹3 lakh: 60% government subsidy
Beneficiaries are expected to cover the remaining cost, either independently or through bank loans.
Rajiv Yuva Vikasam Scheme Application Guide
Applying for the Rajiv Yuva Vikasam Scheme involves straightforward steps:
- Visit the Official Portal: Begin by navigating to the official portal: tgobmms.cgg.gov.in.
- Register or Login: New users must create an account by providing essential personal details. Existing users can directly log in.
- Complete the Application Form: Fill in your application carefully, clearly mentioning your chosen business idea, required financial assistance, and personal details.
- Upload Necessary Documents: Prepare and upload the required documents such as Aadhaar card, caste certificate (if applicable), educational qualifications, and any supporting documentation for your business idea.
- Submit and Track Your Application: Review your application thoroughly before submission. Post submission, track your application status on the portal regularly.
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Impact and Career Opportunities
The Rajiv Yuva Vikasam scheme has the potential to significantly transform the employment landscape in Telangana by creating job opportunities at the grassroots level. Each assembly constituency expects to generate employment for between 4,000 to 5,000 individuals, resulting in broader economic upliftment and community development.
Successful applicants can explore entrepreneurship in various sectors, including:
- Small-scale manufacturing
- Retail businesses
- Digital marketing and IT services
- Agriculture and allied services
- Handicrafts and traditional occupations
FAQs On Telangana CM Launches ‘Rajiv Yuva Vikasam’ Scheme
What is the main objective of the Rajiv Yuva Vikasam Scheme?
The primary objective is to provide financial support and foster self-employment opportunities for unemployed youth in Telangana.
When is the last date to apply?
The application deadline is April 5, 2025.
How will I know if I have been selected?
Beneficiaries will be announced officially on June 2, 2025, during Telangana Formation Day celebrations.
Can I apply if I belong to the general category?
Priority is given to SC, ST, BC, and minority community candidates. General category youth may apply but could face higher competition.
How is the subsidy structured?
The subsidy varies based on loan amounts: 80% for loans up to ₹1 lakh, 70% for ₹1-2 lakh, and 60% for ₹2-3 lakh.
Where can I apply for this scheme?
Applications must be submitted online through the official Telangana Government portal: tgobmms.cgg.gov.in.
