Mizoram Bana Kaih (Handholding) Scheme

About This Scheme

The scheme "Mizoram Bana Kaih (Handholding) Scheme" by the Planning & Programme Implementation Department, Government of Mizoram, aims to promote socio-economic development through providing financial, technical, and institutional support to selected Progress Partners. It facilitates livelihood generation, entrepreneurship, and sustainable development. The scheme is implemented for an initial period of 5 years starting from 19th September, 2024.

Eligibility

- The applicant should be an individual, group, organization, entrepreneur, or innovator. - The applicant should have high potential for wealth and employment generation. - The applicant should be selected as a “Progress Partner” by the Apex Body. - The applicant should be engaged in livelihood, business, startup, or development activities.

Benefits

> Handholding Support: - Comprehensive support including advisory services, training, technical assistance, and supervision. - Credit linkage through bank loans with collateral-free provisions. - Full interest subvention and bank guarantee support. - Provision of catalytic capital grant and venture funding. > Support to Implementing Departments: - Funding for development of common infrastructure and facilities. - Research and development support for innovation and localization. - Financial support for technical training programmes. - Administrative expense support for implementation and monitoring. > Cluster Development Support: - Promotion of agriculture and allied sectors through cluster (zau) approach. - Development of industrial clusters to attract investments. - Support based on agro-climatic suitability and employment potential. > Market Support: - Price support for priority crops. - Market intelligence and information dissemination. - Establishment of market linkages. - Financial support for infrastructure and machinery (fixed capital creation). > Participative Planning & Innovation: - Support for decentralized planning at district and local levels. - Promotion of innovation through initiatives like the "Chief Minister’s Innovation Challenge". - Integration of Sustainable Development Goals (SDGs).

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.