Pradhan Mantri Rozgar Yojana 2021 Registration , Required Document , Application Form ,Benefits , Eligibility Criteria

25 Oct, 2021 Last Update 1 year ago

Pradhan Mantri Rozgar Yojana

Pradhan Mantri Rozgar Yojana 2021 or PMRY 2021 is an initiative undertaken by the Central Government that focuses on providing self-employment opportunities to the unemployed youth of India.

Through the medium of this scheme, unemployed youth gets financial support for their start-ups and fill the hole of unemployment in the country.

In this article, you will get to learn about the scheme, its benefits, eligibility criteria, procedure of registration and other related queries will be answered here. Let’s begin:

Pradhan Mantri Rozgar Yojana Overview

Since Independence, the shadow of unemployment has been sustained in the major parts of India. Educated youth without any employment become unproductive and causes frustration among them. To address this problem, Central Government launched a scheme on the auspicious day of Gandhi Jayanti i.e, 2nd October 1993.

The scheme aims at creating self-employment opportunities by providing financial assistance to the unemployed but educated youth so that they could start business endeavours. It also creates job opportunities for the unemployed category. The scheme covers the sectors of manufacturing, business & service, and trade.


Name of Scheme

Pradhan Mantri Rozgar Yojana

Started by

Government of India


Provide financial assistance to the unemployed


Unemployed Youth of State

Scheme under

 Indian Government

Name of State

Not applicable

Official Website

Starting year


Last Date

No information available

Pradhan Mantri Rozgar Yojana Registration Process

Formulation of Project idea:

The applicant shall be aware of the elements of the project to be proposed for a loan. It can seek guidance from institutions like SISI and CIC. They have built profiles for the beneficiaries of the PMRY. They not only provide guidance but also enlighten the individuals and gives clarifications.

Preparation of Project report:

With the finalization of the business idea, the candidate shall proceed in preparation of a project report that comprises a statement. A statement that contains details of fixed assets, raw materials requirement, expenditure like rent, salary, wages, etc., estimated sales, cost of production, profitability, manner of repayment and other aspects. This would resolve the capital required for the project.

While formulating a business idea, one shall keep in mind the following benchmarks:

  1. The demand of the product in the market through a market survey.
  2. Availability of raw materials.
  3. Infrastructure facilities like power, water, and other Government approvals.
  4. Technology and know-how, a place for the establishment of the unit.

After the finalization of a business idea and project report, the candidate has to follow the following steps:

  1. Visit the official website
  2. Fill the correct details in the form or download the form.
  3. If someone is not in the possession of a computer/mobile, they can visit the nearby e-mitra and ask the person to either fill your application form or download the form for you.
  4. In case of online mode, submit the form along with the requisite scanned documents in the appropriate format and size.
  5. In case of offline mode, submit the form at the respective bank or District Industries along with the requisite documents.

Once the application is successfully submitted, the correspondent bank will contact you and the following process will be followed:

  1. The application will be viewed,
  2. If the application gets selected, an interview will be lined up.
  3. The final selection will be on the basis of the result of 3 interviews.
  4. A selection letter of intimation will be issued to the candidate from the bank. After clearing all the formalities with the banker, an applicant can initiate the implementation of the project.

 Selected candidates are then provided training. Post completion of the training, a certificate is awarded to the candidates. These candidates are required to present these certificates to the bank for loan sanction.

Pradhan Mantri Rozgar Yojana required Document

  • Driving Licence.
  • Birth Certificate (SSC Certificate or Transfer Certificate).
  • Residential proof evidencing 3 years residence, be it ration card or any other address proof.
  • MRO issued income certificate.
  • MRO issued caste certificate (if required).
  • Certificate of EDP training.
  • Proposed Project file copy.
  • Experience certificate, qualification and technical certificate.

Pradhan Mantri Rozgar Yojana Application form

 The application form is mentioned in the registration procedure. Please refer that. Successful completion of the registration process invites the establishment of the unit to commence the commercial production.

After the unit is effectively established and begin its commercial production, payment of interest amount of the loan gets queued.

The repayment schedule is fixed at the time of when loan is sanctioned as per the guidelines of the PMRY under which repayment is to done within 3-7 years after the completion of the moratratium period

Pradhan Mantri Rozgar Yojana Benefits

  • The scheme is sponsored by the Government at the Central level.
  • Under the scheme, the loan is provided to the eligible person in the name of financial assistance. The loan has to be repaid within 3 to 7 years subject to completion of the moratorium period.
  • The scheme only assures the project cost of Rs 2 lakh to 5 lakh with coverage of business, service and industry sectors.
  • Loans up to Rs. 1 lac can be available collateral-free.
  • The scheme gives the benefit of all business options inclusive of agricultural and allied activities. Unfortunately, direct agricultural options do not fall under its purview.
  • The scheme provides an additional benefit in the form of a subsidy of 15% of the project cost with the upper limit of Rs. 12,500 for every individual. For the North-eastern region, Himachal Pradesh, Uttranchal and Jammu & Kashmir, the upper limit is of Rs. 15,000.

Pradhan Mantri Rozgar Yojana Eligibility criteria

  • The applicant shall be an unemployed person between the age of 18-35 years.
  • The minimum education qualification shall that be of an 8th  passed.
  • The applicant shall be the resident of the permanent residence so mentioned for a minimum 3 years.
  • The family income inclusive of the spouse (if any), shall not be lower than 40,000 with a maximum limit of Rs. 1,00,000.
  • The applicant shall not be defaulter in any of the nationalised financial institution.
  • Reserved sections such as Scheduled Caste, Scheduled tribe including women can avail the benefits of the scheme.

Pradhan Mantri Rozgar Yojana Helpline number

For any assistance, please visit the website-

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