Objective
A state-wide initiative by the Rajasthan Government to:
- Promote entrepreneurship among youth.
- Facilitate both new enterprises and existing enterprises for expansion, diversification, modernization, and innovation.
- Create employment opportunities and drive economic growth.
Duration
Valid until 31 March 2029.
Eligibility
- Age: 18–45 years.
- Entities: HUFs, Societies, Partnerships, LLPs, and Companies (with ≥51% ownership by 18–45 years old individuals).
- Micro and Small Enterprises (as per GoI definitions).
- Multiple companies owned by same family members/directors are also eligible.
Not Eligible
- If Subsidy (Capital/Interest) taken under any State/GoI scheme in last 5 years.
- Applicant is a defaulter/NPA.
Loan & Subsidy Structure
| Category | Details |
|---|---|
| Loan Limit | Up to ₹2 Cr per project. Land/building component: subsidy capped at 25% of loan. |
| Own Contribution | Minimum 10% of project cost. |
| Loan Type | Composite (term + working capital) or term loan. |
| Working Cap. Limit | Maximum 30% of project cost. |
| Interest Subsidy | 8% (loan ≤ ₹1 Cr), 7% (₹1–2 Cr); +1% for women, SC/ST, PwBD, rural beneficiaries. |
| Margin Money Subsidy | Up to 25% of loan – maximum ₹5 lakh, adjusted after 3 years if account regular. |
| Tenure | Loan tenure maximum 7 years (interest subsidy up to 5 years incl. moratorium). |
| Moratorium | Up to 6 months; subsidy also applicable for this period. |
