YUVASHREE ARPAN SCHEME OF WEST BENGAL

Context:

  • The Chief Minister of West Bengal has unveiled a new scheme Yuvashree Plan II or Yuvashree Arpan to encourage entrepreneurship among youth.
  • Under the Yuvashree Arpan Scheme around fifty thousand Youths who have passed out of ITI or other polytechnic institutes will be eligible to get financial support of Rs One Lakh from the state MSME department to set up their own business initiatives.
  • Yuvashree I was launched by the labour department of the state of West Bengal. Under the scheme, an unemployment allowance of Rs 1500 per month was provided per month to 1,00,000 unemployed youth.
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