Raj Udyog Mitra Scheme

Project Reports

The Raj Udyog Mitra plan was introduced by the government for persons in Rajasthan who want to start a new micro, small, or medium-sized firm but are hampered by outdated MSME rules and legislation. However, after the initiative is launched, no official clearance will be required. New micro, small, and medium-sized enterprises can function in the state, and anyone who wants to start their own business or start-up can register by filling out the online application form (Raj Udyog Mitra Application Form) on the Mitra portal.

What are the advantages of registering on the Raj Udyog Mitra official website?

  • There is now a simple application process and the issuing of immediate certificates of acknowledgement.
  • All new companies will obtain 3 years of exemption from inspections under all state laws.
  • No prior approval is needed for the establishment and operation of MSMEs under any state law.
  • New enterprises can avail the exemptions mentioned in the new MSME ordinance passed in 2019.

What are the eligibility requirements for the Raj Udyog Mitra Scheme?

Applicants must be Rajasthan residents. New MSMEs starting commercial operations on or after March 4, 2019 can apply for an exemption under the Ordinance.
This scheme does not applicable to already-licensed MSME firms.

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What are the documents required for the Raj Udyog Mitra Scheme?

  • Bank account details (a copy of the bank passbook).
  • Required documents include Aadhar Card, Voter ID, PAN, and Driving License,
  • Business plan or project report.
  • Address Proof: Aadhar Card, Electricity Bill, Valid Passport, Property Tax Bill, etc.
  • Photos of employees (passport size)
  • Any bank’s records must show that the applicant is not in default.

Conclusion

A business plan, often known as a project report, is an important document when requesting for a bank loan. The bank utilizes this document to assess the project’s overall feasibility, risks, financial viability, and potential. A well-written and convincing project report improves the likelihood of loan acceptance. With Finline, you can create a captivating project report in less than 10 minutes. That, too, is in your language. Furthermore, all public and private sector banks operating in India approve our project report. Click to generate your project report.