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byAkshay Agarwal November 12,2013
NEWS POLITICS
Truth behind Ashok GehlotsYojna. A MustRead for EveryRajasthani !!
1
Read this news in Hindi
Yuva Udyamita Protsahan
Yojna- Rajasthan Financial
Corporation, Udyog Bhawan Jaipur
I was one of the unfortunate victims of
the Ashok GehlotYojna and therefore
decided to write a piece on how we-the
masses are fooled by the politicians. They
wasted a lot of my time and to my utter
dismay sold the email list of applicants of
this Yojna to various CA and Loan
companies. Well, there is not privacy
policy mention in their website and its
100% breach of privacy of users is
expected to take legal action against
them very soon.
Passionately Reporting On Technology Enter your search...
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The Yuva Udyamita
ProtsahanYojana (YPUY)
was started by the state
government of Rajasthan
with the aim of promoting
young entrepreneurs. The
scheme mentioned that the stategovernment will provide
collateral free loan (interest
rates below market rate) to the
enterprising youth below 35
years of age with bright ideas.
Around 45,947 candidates were
registered under the scheme. Of them,
13,600 submitted their business plans. As
per official records, of the 1,039
meritorious candidates shortlisted by the
special committee, as many as 109
candidates belong to other places like
Kerala, Uttar Pradesh, Maharashtra,
Haryana, New Delhi, Pondicherry,
Madhya Pradesh, West Bengal,
Jharkhand and Gujarat.
The scheme brochure in the website
(which is now removed from their
official website) claimed that it will
provide financial assistance to
ITI/graduates with innovative ideas but
lack financial resources. Noble cause
indeed! But, I guess they had different
plans altogether. They only wanted to
bag votes from the youth.
Features of Yuva Udyamita Protsahan
Yojana (YPUY) (I could not stop laughing
on their Fake Promises)
Up to 90% of the project cost can be
covered by government assistance
The limit for the loan has been
capped at Rs 90 lakhAll projects will be based in
Rajasthan
RIICOproviding land for the units.
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(This was one of best Game played
with all the selected candidates)
How was the Movie executed? (Called
Nataunki in Desi Language)
Selected applicants went through a two-
stage screening process. Experts fromreputed educational institutions
(Professor and students from IIM),
industry professionals and members of
other state financial corporations
evaluated the business plans of the
applicants. RFC spent huge amount in
screening the applicants. They also
distributed Rs 5000 to 4000 Applications
and 10000 to 1039 applications.
Under the scheme, the government
could not offer land for setting up units
in most of the places and where it had
land, fixed a ceiling of 500 sq metres.
Moreover, RIICO also decided that if any
applicant wants allotment of land in a
saturated industrial area, it will be made
on highest auction rate received forindustrial plot by adding 6% interest per
annum from the date of receiving the
highest auction rate till the date of
allotment.
Majority of the young entrepreneurs out
of 1039 agreed on the 500 sq metre plan
but RFC and RICCO seemed to back off.
They seem uncertain to give the
promised land to these participants.
This act baffled applicants and they are
re seen questioning the very basic
objective of this scheme. I mean, why
would we pay a high amount for setting
up the unit if we had that much amount
of money?
This is not it. The applicants are alsofacing problem relating to the finance of
working capital.RFChas now denied to
finance working capital says that it will
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8/13/2019 Truth Behind Ashok Gehlot's Yojna.
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finance only assets. But at the scheme
mentioned, All types of projects shall be
eligible under the scheme for loans
between Rs. 25 lakh to Rs. 90 lakh, as
promoter contribution has to be at least
10% of project cost, maximum loan can
be Rs. 90 lakh. They have asked us to
approach other banks for the working
capital which will be again on higher
interest rate and against collateral
security. It was not mentioned in the
policy and they are playing safe now. I
mean what the heck is this? During the
training session, it was assured that RFC
will arrange Working capital through
Punjab National Bank which now seems
all Greek to them.
RFChas taken an agreement signed
from us in form of feedback forms
wherein it was mentioned that they will
get it covered under CGTSME which is
itself a security. Why the hell are they
asking for security now?
Are they still sane and sober? Do theyactually know their plans? Are they out
of their minds? I mean, how on earth is
any business possible without working
capital???
I see no point in publishing this
article as nothing can be done against
them. Hats off to the aspirants who
applied for yojna and wasted theirtime! If we do not take stand against
the Feku politician today, we the
people of Rajasthan will continuously
get affected by such miscreants.
Here is a piece of mind Mr.
Ashok Gehlot Ji: Poverty
can decrease only by
creating more employmentand not by distributing few
chunk s of money But I
guess this is beyond your
-
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Tags:
understanding.
PS: I dont belong to any party nor did I
receive any amount to write this post.
What is written is just the truth behind
the game played by Ashok Gehlot Ji
and party. How his talented IAS team
sheered the dreams of 1039 candidates!
AkshayAgarwal
Entrepreneur,Life
Learner Husband and
Father.Proven leader
in digital strategy,
marketing,
attribution and
marketing analytics.
Passionate believer in
user experience and
the building of
community.
Ashok Gehlot
Rajasthan Financial Corporation
RFC RIICO
Yuva Udyamita Protsahan Yojna
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News Truth behind Ashok Gehlot s Yojna. A Must Read for Every Rajasthani !!
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Nit in L
I saved a lot of time by not becoming a
part of it. I was among selected 1039 but
was unable to attend training program. I
was feeling bad for it but after reading
this article I am happy that I didn't
waste my time on such a scheme.
I was also wondering that why somany
CA firms are mailing me regarding B-
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