The Punjab government has initiated the ‘Apni Gaddi Apna Rozgar Yojana 2024’ aimed at tackling the issue of unemployment. This scheme provides subsidy to educated youth in the state for purchasing vehicles, thus creating employment opportunities.
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What is Apni Gaddi Apna Rozgar Yojana 2024?
Inspired by similar schemes in Maharashtra, Karnataka, and West Bengal, the Punjab government has launched the ‘Apni Gaddi Apna Rozgar Yojana 2024.’ This initiative provides subsidies on vehicle purchases, enabling unemployed youth to avail loans for three or four-wheeler vehicles. It aims to assist economically weaker sections through margin money assistance.
Who is Eligible for Apni Gaddi Apna Rozgar Yojana 2024?
Criteria for those interested in benefiting from the Apni Gaddi Apna Rozgar Yojana 2024 include:
- Applicants must be residents of Punjab to ensure accessibility to the scheme.
- Age eligibility ranges from 21 to 45 years, aligned with the targeted demographic.
- Valid driving license for commercial vehicles, especially for four-wheelers or three-wheelers covered under the scheme, demonstrating the ability to operate the vehicles.
- Prior experience in driving is necessary, indicating competence and readiness to effectively utilize the vehicles provided under the scheme.
Main Objective of Apni Gaddi Apna Rozgar Yojana 2024
In Punjab, many educated individuals face unemployment due to a lack of financial resources to start their own businesses. Understanding this challenge, the Punjab government has decided to initiate the Apni Gaddi Apna Rozgar Yojana 2024. The aim is to provide subsidies to youth so they can purchase their own vehicles and start their own businesses. By doing so, the government aims to create new job opportunities for unemployed youth by the year 2024. Through this scheme, youth will have the opportunity to become self-employed, support themselves, and contribute to Punjab’s economic growth.
What are the Benefits of Apni Gaddi Apna Rozgar Yojana 2024?
The Apni Gaddi Apna Rozgar Yojana 2024 presents a significant opportunity for unemployed youth in Punjab by offering subsidies for both three-wheelers and four-wheelers. The detailed benefits of the scheme include:
- For four-wheelers, eligible candidates will receive a subsidy equivalent to 15% of the total “on-road” cost, limited to Rs. 75,000.
- Similarly, for three-wheelers, a subsidy of up to 15% of the total “on-road” cost, limited to Rs. 50,000, will be provided.
- Under this initiative, unemployed candidates are required to contribute 15% of the total vehicle cost, while the remaining amount will be financially supported by the Punjab State Cooperative Bank. This collaboration facilitates access to financially burdened entrepreneurs to reach commercial vehicles.
How to Apply for Apni Gaddi Apna Rozgar Yojana 2024?
The state government has not yet initiated the application process for the Apni Gaddi Apna Rozgar Yojana 2024, but it is expected to commence soon to provide employment opportunities for youth. An online portal will be launched shortly to facilitate applications for the Punjab Apni Gaddi Apna Rozgar Yojana. The registration process is pending, so youth are advised to wait for further instructions.
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Selection Criteria for Apni Gaddi Apna Rozgar Yojana 2024
As per the guidelines of Apni Gaddi Apna Rozgar Yojana 2024, the selection process involves conducting examinations based on applicants’ educational qualifications. All applicants for the scheme will have to undergo an exam, and selection will be based on the eligibility list generated through the scheme. The exam will have a maximum of 100 marks. Here’s how the scoring system works:
Educational Qualification:
- 20 marks for applicants with 8th grade education
- 25 marks for applicants with 10th grade education
- 30 marks for applicants with 12th grade education
- 35 marks for graduates
Driving Experience and License Duration:
- 20 marks for applicants with up to 3 years of driving experience
- 25 marks for applicants with 3 to 6 years of experience
- 30 marks for applicants with 6 to 9 years of experience
- 35 marks for applicants with more than 9 years of experience
Additionally, candidates will undergo an interview, carrying a weightage of 30 marks in the selection process.
Conclusion
The Punjab Apni Gaddi Apna Rozgar Yojana 2024 is an initiative by the Punjab government aimed at promoting self-reliance among unemployed youth in the state. Through this scheme, eligible youth receive subsidies for purchasing taxis, auto-rickshaws, or other commercial vehicles. By providing access to these vehicles, the scheme empowers youth to start entrepreneurial ventures, thus creating employment opportunities and contributing to the state’s economy. If you have any questions regarding the Punjab Apni Gaddi Apna Rozgar 2024 scheme, feel free to ask in the comments section.
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