Give 5 stars to PM scheme ADA 2024
Pradhan Mantri Kaushal Sharan Yojana: The government has revamped the skill loan scheme. Now the name of this scheme has been changed to PM Model Kaushal Sharan Yojana, under this scheme, the youth will get Rs. 7.5 lakh, earlier this limit was Rs 7.5 lakh. It was 1.5 lakh. This loan can be used to pursue technical and vocational education. It is expected to help 25,000 students every year. The process of registration and application under the scheme has also been simplified and more people can take advantage of it.
What is the Prime Minister’s Model Kaushal Sharan Scheme?
Pradhan Mantri Model Kaushal Sharan Yojana (PM Model Kaushal Sharan Yojana) is an important government initiative aimed at providing vocational skills and training to the youth. Under this scheme, youth can avail a loan of Rs. 7.5 lakh, which they can use for higher education and training. This loan gives them the opportunity to get training in various professions and become self-reliant.
PM Model Kaushal Sharan Scheme Overview Table
Project | PM Model Kaushal Sharan Scheme |
Objective | lending to business |
loan | Upto Rs 7.5 Lakh |
official website |
Benefits of Prime Minister Adarsh Skill Loan Scheme
There are many benefits of this scheme but let us know about some important benefits.
- financial help: Under this scheme, youth will get Rs. 7.5 lakh as loan, through which they can afford expensive training and education.
- vocational training: The program provides training that directly increases employment opportunities, making it easier for young people to find work.
- Self confidence: Apprenticeship equips youth with the necessary skills to become self-reliant and start their own business.
- Help and Guidance: Under this scheme, youth not only get loans but also get counselling and guidance during education and training.
- Simple Registration: The registration and application process in the program is easy. The loan can be availed by submitting the required documents like identity proof, address proof etc.
- Support rural areas: Regional Rural Banks and NBFCs have been included in this scheme so that rural youth can also get loan facility.
document
- Aadhar card
- Pan Card
- Address proof
- mobile number
- email address
- certificate
Who is eligible to apply?
- citizen of india
- Age 21 or older
- Must have passed at least 10th
- Business Sample Letter
- ITI/Diploma/NSTC
how to apply
- To apply you need to visit their official website
- Vidya Kaushal will have to register on the portal
- Upload Documents
- After registration select your department/section/centre
- Visit the center and apply for the loan
- You will get the loan after approval
conclusion
Pradhan Mantri Model Kaushal Sharan Yojana is a significant initiative to provide financial assistance to youth for vocational and technical education. Through this, youth are given Rs. 7.5 lakh so that they can receive high-quality training and explore better job opportunities. With a simple registration process and collaboration with various banks and financial institutions, this scheme reaches out to rural and low-income youth. The benefits of this program provide the youth with the confidence and support they need to achieve success in their lives. Overall, this program is a powerful means to improve the future of the youth and contribute significantly to the economic growth of the country.
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Frequently Asked Questions
What are the required documents?
This scheme requires submission of documents including identity proof, address proof and income proof (self or guardian’s, if any).
How to register?
Interested candidates should register on the Vidya Kaushal portal. Required documents should be uploaded at the time of registration.
How many people will benefit from this scheme?
Around 25,000 students are expected to benefit every year.
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