Rajiv Gandhi Udyami Mitra Yojana (RGUMY)

Rajiv Gandhi Udyami Mitra Yojana (RGUMY), launched in 2008, is aimed at providing financial assistance to the selected lead agencies i.e. Udyami Mitras for rendering assistance and handholding support to the potential first generation entrepreneurs.Till date 650 Udyami Mitras have been empanelled in 28 States and 3 Union Territories.  The Udyami Mitras have so far registered 35154 beneficiaries for rendering handholding support. Through ‘Udyami Helpline’ (a Toll free Call Centre for MSMEs on 1800-180-6763), support, guidance and assistance to first generation entrepreneurs as well as other existing entrepreneurs is also provided to guide them regarding various promotional schemes of the Government, procedural formalities required for setting up and running of the enterprise and help them in accessing Bank credit etc. The Ministry does not provide any financial assistance to entrepreneurs under Rajiv Gandhi Udyami Mitra Yojana. However, organizations empanelled as Udyami Mitra by the Ministry provide handholding support to first generation entrepreneurs and in return are paid handholding charges under the scheme