Vishwakarma Yuva Udyami Protsahan Yojana (VYUPY) - Rajasthan
- Announced in Rajasthan Budget 2025-26 and implemented by the State Government from 3 September 2025 - Valid from notification date until 31 March 2029 - Corpus fund: ₹150 crore - Business loans up to ₹2 crore for new startups or expansion of existing businesses - Interest subsidy: 8% on loans up to ₹1 crore and 7% on loans above ₹1 crore up to ₹2 crore - Additional 1% interest subsidy for women, SC, ST, Disabled, Bunkar, Shilpkar, and rural enterprises - Margin money support: 25% of sanctioned loan amount or max ₹5 lakh - Eligibility: Youth aged 18-45 years - Objective: Promote self-employment and entrepreneurship among youth through subsidised bank loans - Implemented across the entire state of Rajasthan
- Vishwakarma Yuva Udyami Protsahan Yojana (VYUPY) approved by Rajasthan Cabinet on 23 August 2025 with corpus fund of ₹150 crore
- Business loans up to ₹2 crore for new startups or expansion of existing businesses; valid until 31 March 2029
- 8% interest subsidy on disbursed loan amount; additional 1% for women, SC, ST, Disabled, Bunkar, Shilpkar, and rural enterprises
- Margin money support of 25% of project cost or maximum ₹5 lakh provided to entrepreneurs
- Eligibility: Youth aged 18-45 years; permanent resident of Rajasthan
- Objective is to promote self-employment and entrepreneurship among youth through subsidised bank loans across Rajasthan
What is the Vishwakarma Yuva Udyami Protsahan Yojana (VYUPY)?
VYUPY is a Rajasthan state scheme approved by the Rajasthan Cabinet on 23 August 2025 under CM Bhajanlal Sharma. It aims to promote self-employment and entrepreneurship among youth through subsidised bank loans, and is valid until 31 March 2029.
Who is eligible for VYUPY?
Youth aged 18 to 45 years are eligible. The scheme is implemented across the entire state of Rajasthan and supports new startups as well as expansion of existing businesses.
What loan amount and subsidy does VYUPY provide?
Eligible youth can avail business loans up to Rs 2 crore for new startups or business expansion. Interest subsidy is 8% on loans up to Rs 1 crore and 7% on loans above Rs 1 crore up to Rs 2 crore.
Is there an additional subsidy for specific categories under VYUPY?
Yes. An additional 1% interest subsidy is provided for women, SC, ST, Disabled, Bunkar, Shilpkar, and rural enterprises, over and above the standard 8% interest subsidy on the disbursed loan amount.
What margin money support is available under VYUPY?
The scheme provides margin money support of 25% of the sanctioned loan amount, subject to a maximum of Rs 5 lakh. This reduces the upfront capital burden on the entrepreneur while availing bank finance.
What is the corpus of VYUPY and its validity period?
VYUPY has a corpus fund of Rs 150 crore. It is valid from the notification date until 31 March 2029, giving a multi-year window for Rajasthan youth to access subsidised entrepreneurship support.
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