HomeGovt SchemesFuture Credit Card 2023 | Eligibility, Budget, Benefits

Future Credit Card 2023 | Eligibility, Budget, Benefits

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Future Credit Card: A new scheme was announced in the Legislative Assembly on Wednesday in the Budget for the betterment of the youth. The state government believes that the new scheme named ‘Future Credit Card’ will benefit a large number of the youth of Bengal.

In the budget speech on Wednesday, Finance Minister Chandrima Bhattacharya said that the government is bringing the (ভবিষ্যত ক্রেডিট কার্ড) for the scheme with the aim of providing employment to the unemployed youth in the state.

Finance Minister Chandrima Bhattacharya announced.

What is Future Credit Card?

Under this scheme two lakh youth will be given financial assistance up to Rs.5 lakh. The state government will provide a subsidy of 10 percent of the total loan i.e. up to a maximum of 25 thousand rupees.

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It will also provide up to a 15 percent financial guarantee. A total of Tk 350 crore has been allocated for this project.

Read More: NIJASHREE Prakalpa 2023 (Housing Scheme) | WB Government will build flats

State Finance Minister announces low-interest loans for youth aged 18 to 45 years
Future credit card budget:

State Minister for Finance Chandrima Bhattacharya presented the budget for the financial year 2023-24 in the state assembly on Wednesday. There he announced that the ‘Future Credit Card’ is going to be launched in the next academic year. 350 crores have been allocated for the next financial year in this year’s budget for the respective cards.

Benefits:

As a result of this one-time financial assistance, the unemployed youth of the state will be able to arrange their own employment through small businesses or start-ups like themselves. As a result, the wheel of the economy of the state will also move at a faster speed.

Earlier in June 2021, Mamata Banerjee’s government launched the Student Credit Card scheme to help the students of the state in the field of higher education. As a result, many students have benefited.

It is certain that no one should face problems in the field of higher education due to a lack of money. This time, the youth of the state will also get the support of the government in the field of employment after higher education.

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