To provide a new self-employment opportunity to the youth who belong to the BC Category, the Andhra Pradesh government launched a new scheme named the Andhra Pradesh Generic Pharmacy Scheme. Under this scheme, the state government provides a subsidy of Rs.4 Lakhs to start self-employment. The eligible candidates must belong to the BC category and also have completed their pharmacy courses. If you are also a citizen of Andhra Pradesh and want to avail the subsidy benefits to start your own business in Medicine, then you have to take a look at this article.
Andhra Pradesh Generic Pharmacy Scheme
Recently, the government of Andhra Pradesh made an announcement about its new scheme named the Andhra Pradesh Generic Pharmacy Scheme. This is a self-employment program under which government provide the business or self-employment opportunity to the youth of the state. Youth can belong to the Backward Classes of the state and also have a degree in Pharmacy.
| Scheme Name | Andhra Pradesh Generic Pharmacy Scheme |
| Launched For | Youth who belong to the BC Category |
| Qualification | Completed their Pharmacy Course |
| Age limit | 18 to 60 years |
| Benefits given | Financial support in the shape of a subsidy |
| Subsidy amount | Rs.4 Lakhs |
Motive to Launch AP Generic Pharmacy Scheme
The main motive to launch this scheme for youth of the state to give the chance to open their own business. Once they start their own medical shops in the state, they can be self-employed and also give the chance to other people to work with them in their shops. Not only this, but the government also encourage the youth who complete their graduation in pharmacy to start their own Generic Pharmacy shop across the state without taking the financial burden.
Apart from providing job or self-employment opportunities to the youth of the state, the government also has a plan to open these generic medicine outlets in all mandals of the state to provide affordable medicine to the citizens of the state.
Financial or Subsidy Benefits
Every one know to open a generic medicine shop, the investment which is required is upto Rs.8 Lakhs. This is a really huge amount, and not everyone can afford it. So, to reduce the financial burden on the youth, the government now gives them a subsidy of around Rs.4 Lakhs. And the remaining 4 lakhs can be taken from the bank as a loan.
Now no need to make an investment of around 8 Lakhs from your own pocket. Now, with the help of the government, without any financial burden, you can start your own business. Beneficiaries only have to arrange the medical store shop in the proper location.
Why was this scheme launched?
| To provide self-employment opportunity | This is a very big opportunity for the youth who belong to the BC community and have completed their courses. This is a new hope with the help of which the government make them all become professional pharmacists, and according to their education, they can start their own business in the field. By opening the store, they can earn a good income and manage all kinds of work in the store. |
| Affordable Medicine | In the Medical store, medicine which is sold at a price of 100 to Rs.130, that will be given in the generic medicine store for about Rs.20 to 30. It means citizens or families will also get the benefits to buy the affordable medicine |
Eligibility Criteria
- All the permanent residents of the state of Andhra Pradesh.
- Applicant can belong to the BC (Backwards Community) of the state.
- The age of the applying candidates can be 21 to 60 years.
- You also belong to the BPL Category of the state.
- All applicants can complete their B, D and M Pharma.
- Also arrange a suitable store or shop for your generic Medicine shop.
Documents List
- BC Community certificate
- Andhra Pradesh residence certificate
- All the educational documents along with D, B and M Pharmacy certificate
- Aadhaar card of the applicant
- Bank account details.
- Shop documents where you want to open a shop.
Andhra Pradesh Generic Pharmacy Scheme Apply Online
If you are interested in getting the benefits from this scheme and meet all the eligibility conditions of the scheme, then you can apply through the Andhra Pradesh OBMMS Portal. Here, I am going to guide you by giving you step-by-step information.
Application Process
- First of all need to open the official portal of AP OBMMS.
- Now, on the portal, in the registration link have to choose the name of the scheme.
- To sign up for the account, need to enter your basic details.
- Now generate the one-time password to verify your contact number.
- In this way, you create your user ID.
- After logging in using your user ID, login in to the account.
- Now here in front of application form opens in front of you; add all the details like personal details, category status, educational details, etc.
- Have to enter the shop or store location that you arrange to start your medical store.
- Have to upload all the relevant documents, preview your form, check all correct, and submit it.
Selection Process
- Selection will be made only by the officials according to their qualifications and documents.
- Now the panel will conduct the interview, and then the final selection of the candidates will be made.
- Then all the finalist candidates will get a subsidy of Rs.4 Lakhs.
- Then, for Bank loan of Rs.4 lakhs will also be forwarded to the tie-up bank.
Aakash Kumar is a professional content writer with 10 years of experience. His knowledge is mainly in South Indian news and especially in Government news and their schemes. He shares his knowledge on nayilakshu.com daily, providing genuine, high-quality information to our visitors.