Rajiv Yuva Vikasam Scheme: Objectives, Benefits, and Eligibility Explained

Rajiv Yuva Vikasam Scheme

Chief Minister Revanth Reddy has launched the Rajiv Yuva Vikasam Scheme to benefit the unemployed youths of the state of Telangana. The objective of the scheme is to provide financial assistance for independent businesses. The scheme aims to encourage the ideas and development of the concept of entrepreneurship or the self-business model among the youth of Telangana. The government has set aside an amount of Rs. 6,000 crores targeting the 5 lakh unemployed youth belonging to the SC, ST, BC, MBC, Minorities, and Christian Minorities. Take a look at the blog to know more about the scheme along with details like objectives, benefits, eligibility criteria, and many more.  

Overview of the Scheme

Name of the SchemeRajiv Yuva Vikasam Scheme
Official Websitehttps://tgobmms.cgg.gov.in/
Launched ByChief Minister Revanth Reddy
Launched On15 March 2025
Objective To provide financial assistance for independent businesses
Target Beneficiaries5 Lakh Unemployed Youth
Benefit AmountRs. 3 Lakh per Beneficiary
Subsidy Offered60% to 80% depending on the category of the loan
Total BudgetRs. 6,000 Crores
Eligible CategoriesSC, ST, BC, MBC, Minorities, Christian Minorities
Application ProcessOnline 

Objectives of the Rajiv Yuva Vikasam Scheme

The objective behind the Telangana government’s launch of the scheme is:

  • To support and encourage the unemployed youth of Telangana.
  • To encourage the ideas and development of the concept of entrepreneurship or the self-business model among the youth of Telangana. 
  • To provide the unemployed youths with financial aid up to Rs. 3 lakh for their business setups. 
  • To encourage and support the 5 lakh unemployed youth of Telangana to become self-sufficient and self-sustaining. 

Key Features of the Rajiv Yuva Vikasam Scheme

The key and salient features of the scheme are given below:

  • BUDGET

The Telangana government has announced a total budget of Rs. 6,000 crore, especially for this scheme, to provide the maximum benefit to the unemployed youth of the state. 

  • BENEFICIARIES

The Telangana government has aimed to provide financial assistance to the 5 lakh unemployed youth of the state. 

  • ELIGIBLE CATEGORIES

The government has given preference to the youth of the Telangana state belonging to the SC, ST, BC, MBC, Minority, and Christian Minority communities. 

  • SUBSIDY

The government has categorized the subsidies into three major categories in accordance with the loan amount.  

Eligibility Criteria: Rajiv Yuva Vikasam Scheme

There are certain eligibility criteria set for an individual to be eligible for the scheme, so that the needy are taken into account first. The eligibility criteria for the Rajiv Yuva Vikasam Scheme are:

  1. The applicant must be a resident of Telangana.
  2. The applicant must belong to the SC, ST, BC, MBC, Minorities, and Christian Minorities. 
  3. The age of the applicant must be between 18 and 35 years. 
  4. There is also an income limit that the applicant must belong to the Below Poverty Line (BPL) category.
  5. The applicant should also be an unemployed youth to be eligible for the benefits of the scheme. 

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Documents Required for Rajiv Yuva Vikasam Scheme

There are some documents that the candidate is asked for before applying for the scheme. The list of documents required to be able to apply for the Rajiv Yuva Vikasam Scheme is given below:

  • Aadhar Card 
  • E-mail Address
  • Ration Card
  • Mobile Number 
  • Address Proof 
  • Income Proof
  • Bank Account Passbook
  • Affidavit
  • Caste Certificate 
  • Passport-Size Photo

Application Process for the Rajiv Yuva Vikasam Scheme 

The step-by-step guide to applying for the Rajiv Yuva Vikasam Scheme is given below:

  1. Visit the official website: https://tgobmms.cgg.gov.in/.
  2. Click on the “Apply Now” and register for the scheme.
  3. Click on the “Login” option by providing details like username, password, and captcha. 
  4. Click on the application and fill it in with the required credentials.
  5. Submit the documents that are required for verification purposes. 
  6. After filling in all the necessary details along with the attested documents, preview your application.
  7. After preview, click on the “Submit” option to complete the application process.

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Selection Procedure 

The selection procedure for the scheme is given below:

  • The eligible candidates will be selected on the basis of their application forms, supporting documents, and financial urgency and neediness for the plans. 
  • The formed committee will consider the evaluation of the applications, and the selected candidates will be notified of the loan sanctions. 

Loan Categories and Subsidy Structure under Rajiv Yuva Vikasam Scheme

Under the Rajiv Yuva Vikasam Scheme, the government of Telangana provides loan categories in three parts, which vary according to the individual, to help them set up their businesses. The structure of the loan categories is given below: 

  • CATEGORY 1: In this category, a loan amount up to Rs. 1 lakh is provided with an 80% subsidy. The remaining 20% of the subsidy will be covered by the beneficiary or through bank linkage. 
  • CATEGORY 2: Under this category, a loan amount up to Rs. 2 lakh with a 70% subsidy. 
  • CATEGORY 3: In this category, a loan amount up to Rs. 3 lakh is provided with a 60% subsidy. 

The formation of categories is done to make sure that the youth population from all backgrounds receives an appropriate amount of financial aid, so that they can start their dream business ventures. 

LOAN AMOUNTGOVERNMENT SUBSIDYCANDIDATE’S CONTRIBUTION
Up to Rs. 1 lakh80%20%
Rs. 1 lakh to Rs. 2 lakhs70%30%
Up to Rs. 3 lakh60%40%

Contact Details

If you have any queries regarding the application procedure, subsidy amount, or any other information, you can contact the respective authority at the given details:

Email Addresshelpdesk.obms@cgg.gov.in
Contact Number040-23120334

FAQs about Rajiv Yuva Vikasam Scheme

Q-1) What is the official website for applying for the Rajiv Yuva Vikasam Scheme?

A- The official website for the scheme is: https://tgobmms.cgg.gov.in/

Q-2) Who are the target beneficiaries under this scheme?

A- The target beneficiaries of this scheme are the youth population of the Telanagna state belonging to the SC, ST, BC, MBC, Minorities, and Christian Minorities. 

Q-3) When was the Rajiv Yuva Vikasam Scheme launched?

A- 15 March 2025 was the date when the Rajiv Yuva Vikasam Scheme was launched.

Q-4) What is the email address for the official website for the Rajiv Yuva Vikasam Scheme?

A- helpdesk.obms@cgg.gov.in is the email address for the official website.

Q-5) What is the total amount of money set aside for the Rajiv Yuva Vikasam Scheme?

A- The amount of Rs.6,000 Crores is the total budget of the Rajiv Yuva Vikasam Scheme. 

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