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News India Live, Digital Desk: Under the resolution of ‘Developed Rajasthan 2026’, the Rajasthan government has set a target of making 1 lakh youth of the state micro entrepreneurs every year. Under the Chief Minister Youth Self-Employment Scheme, the youth will not only be given financial assistance, but they will also get the facility of skill training and margin money. The scheme is being implemented by the ‘Industry and Commerce Department’.
MYSY 2026: The Mathematics of Loans and Margin Money
The loan limit under the scheme has been fixed on the basis of educational qualification:
| Applicant’s Qualification | Sector | maximum loan limit | margin money assistance |
|---|---|---|---|
| 8th to 12th pass | service and trade | ₹3.50 lakh | up to ₹35,000 |
| manufacturing | ₹7.50 lakh | up to ₹35,000 | |
| Graduate / ITI / Higher Education | service and trade | ₹5.00 lakh | up to ₹50,000 |
| manufacturing | ₹10.00 lakh | up to ₹50,000 |
5 major features of the scheme
interest-free credit: The state government will pay the entire interest on the loan taken from the bank.
Collateral Free: This loan does not require any third party guarantee; The government will also reimburse the CGTMSE fees.
Margin Money: 10% of the total project cost (maximum ₹50,000) will be given by the government as margin money.
Moratorium Period: before loan repayment begins 6 months off Will be given.
Training: The beneficiaries will also get skill training through Rajasthan Skills and Livelihood Development Corporation (RSLDC).
Eligibility Criteria
Native: It is mandatory for the applicant to be a permanent resident of Rajasthan.
Age Limit: Between 18 to 45 years.
Educational qualification: It is necessary to have at least 8th pass.
Do not be a defaulter: The applicant should not be a defaulter of any bank or financial institution.
Group Eligibility: Apart from individuals, SHGs, partnership firms and companies can also apply.
how to apply? (Apply Online Step-by-Step)
The application process is completely online and you can SSO ID Can do through:
Registration: First of all, go to sso.rajasthan.gov.in and register with ‘Citizen’ or ‘Udhyog’ option.
Login: Login with your SSO ID and password.
MYSY icon: Click on the ‘Mukhyamantri Yuva Swarozgar (MYSY)’ icon on the dashboard.
Fill the form: Fill in your personal information, industry type, and bank details.
Upload Documents: Aadhaar Card, Jan Aadhaar, Residence Certificate, and Project Report (DPR) Upload and submit.
