<h1>Government Supports Educated Unemployed with Loans for Self-Employment through Guidance and Schemes like Mudra Yojana.</h1> Applicants, including educated unemployed individuals, can obtain bank loans for self-employment ventures if their proposals meet the bank's criteria. Many applications are rejected due to unclear business plans, lack of training, inflated proposals, or previous defaults. The government aids these individuals by guiding them through the application process, helping develop viable business plans, and providing entrepreneurship education. Support is also offered through schemes like Pradhan Mantri Mudra Yojana, Prime Minister's Employment Generation Programme, and others. These initiatives aim to assist educated unemployed youth in securing financing for self-employment. This information was shared by a government official in a parliamentary response.