Manipur One Family One Livelihood Scheme to give Rs 10 Lakhs for Business Development
The Manipur One Family One Livelihood Scheme was launched by the Manipur Government to mark the first anniversary of the BJP-led government. This initiative aims to provide financial support by offering an incentive grant of Rs 10 lakh to a beneficiary, aged up to 65 years, from each household across the state. The primary objective of this scheme is to significantly reduce unemployment levels in Manipur. To learn more about the scheme, including its eligibility criteria, application process, and other details, read the full article below.
Table of Contents
☰ Menu- About Manipur One Family One Livelihood Scheme
- Manipur One Family One Livelihood Scheme Details in Highlights
- Objective of Manipur One Family One Livelihood Scheme
- Eligibility Criteria for Manipur One Family One Livelihood Scheme
- How to Apply for Manipur One Family One Livelihood Scheme
- Summary of Manipur One Family One Livelihood Scheme
About Manipur One Family One Livelihood Scheme
The Manipur One Family One Livelihood Scheme aims to provide a significant boost to the state's economy by offering an incentive of Rs 10 lakh to one individual from each household. This initiative will greatly support the growth of local businesses. The beneficiaries can utilize a portion of the funds to reinvest in their ventures, while the remaining amount will serve as financial protection for their future. Additionally, 30% of the Rs 10 lakh incentive will be granted as direct assistance.
Manipur One Family One Livelihood Scheme Details in Highlights
| Key Points | Details |
|---|---|
| Name of the Scheme | Manipur One Family One Livelihood Scheme |
| Initiated by | Manipur Government |
| Objective | To grant financial aid to eligible individuals |
| Beneficiaries | Citizens under the age of 65 |
| Official Website | Cooming Soon |
Objective of Manipur One Family One Livelihood Scheme
The Manipur One Family One Livelihood Scheme was launched with the aim of providing financial support to families across Manipur to help them establish their own businesses and livelihoods. The government has allocated a substantial budget of Rs 100 crore for the scheme. Under this initiative, families will receive financial assistance to start and grow their own enterprises, thereby becoming self-reliant.
A total of Rs 1,000 crore has been earmarked for this program, and the approval of a Rs 10 lakh incentive marks a significant milestone for the beneficiaries. Of this amount, 30% (Rs 3 lakh) will be offered as direct financial support to help families begin their business ventures. The remaining funds can be used by the beneficiaries to further invest in their businesses, ensuring long-term financial stability and growth.
Eligibility Criteria for Manipur One Family One Livelihood Scheme
To apply for the Manipur One Family One Livelihood Scheme, applicants must meet the following criteria:
- Age Requirement: The applicant must be below the age of 65 years.
- Open to All: The scheme is open to individuals of any gender, religion, or community. All eligible candidates can apply for the program, regardless of their background.
How to Apply for Manipur One Family One Livelihood Scheme
Eligible candidates who are interested in applying for the Manipur One Family One Livelihood Scheme can fill out the application form through its official website. However, at present, the government has not yet launched the official website for the scheme. Once the website is made available, we will update the details and provide the necessary link on this page for the convenience of applicants.
Summary of Manipur One Family One Livelihood Scheme
The Manipur One Family One Livelihood Scheme was launched by the state government to provide financial support to families, helping them establish businesses. Under this initiative, one individual from each household, aged up to 65 years, will receive an incentive grant of Rs 10 lakh. The scheme aims to reduce unemployment and boost local businesses, with 30% of the grant offered as direct assistance to start ventures.
What is the Manipur One Family One Livelihood Scheme?
It is a government initiative aimed at providing financial support to families in Manipur, offering an incentive grant of Rs 10 lakh to one individual from each household to start or enhance a business.
Who is eligible for the scheme?
Applicants must be below 65 years of age and belong to any gender, religion, or community.
What is the main objective of the scheme?
The primary objective is to reduce unemployment in Manipur by supporting individuals in starting or growing their own businesses.
How much financial assistance will a beneficiary receive?
Each beneficiary will receive Rs 10 lakh as an incentive. 30% of this amount will be given as direct financial assistance.
Can families of any gender and community apply?
Yes, the scheme is open to all individuals, regardless of their gender, religion, or community.
What can the grant be used for?
The grant can be used to establish a business, reinvest in ventures, and safeguard financial stability.
Is there an official website for the scheme?
The official website for the scheme has not been launched yet. Updates will be provided once available.
What is the age limit for applicants?
Applicants must be under the age of 65 years to be eligible for the scheme.
How will the funds be distributed?
30% of the Rs 10 lakh will be given directly as assistance, and the remaining amount can be reinvested in the beneficiary’s business.
How can applicants apply for the scheme?
Applicants can fill out the application form on the official website once it is launched by the government.
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