Different Government Loan Schemes For Unemployed Youth
It is probably impossible for unemployed youths to secure a loan from financial institutions these days. Getting a loan is difficult for them because they do not have a stable credit history or professional career in which the financial institutions decide the loans. So, to help them financially, there are several loans and government loan for unemployed youths to help them pursue their dreams like: Cash Loans The government of West Bengal has started this scheme to support unemployed youths. Under this scheme, a jobless member can get loans of up to Rs. 50,000. Any member who is between 18 to 45 years of age can apply for this scheme. NEEDS Scheme This is a scheme where the state government provides a subsidy of 25% for any loan taken by unemployed youths who are graduates. Agriculture loan This is a very beneficial sche...