Banka Emerges as a Model of Rural Entrepreneurship, Youth Turn Jobless to Business Leaders

Patna, August 7:
Banka district in Bihar is rapidly emerging as a shining example of rural entrepreneurship, where young men and women, once struggling with unemployment, have now become successful business leaders — all thanks to the Chief Minister’s Entrepreneur Schemes. These state-backed initiatives, launched under the Department of Industries, are not only helping individuals become economically self-reliant but also playing a crucial role in boosting local employment and regional development.

The schemes have brought about transformational changes in the lives of many residents across Banka. From setting up businesses to providing jobs to others, these success stories reflect a silent but powerful economic revolution unfolding in the rural heartland of Bihar.

🔹 From Tailor to Employer: Mantosh Kumar’s Journey

Mantosh Kumar from Banka started a ready-made garments business with the help of ₹10 lakh financial assistance under the CM Entrepreneur Scheme. Today, he directly employs 8 people and supports the livelihoods of 20 families. His annual turnover has reached an impressive ₹50 lakh, making him a source of inspiration for many aspiring entrepreneurs.

🔹 From Tuition Teacher to Ice Cream Manufacturer: Mukesh’s Transformation

Once an educated yet unemployed youth giving home tuitions, Mukesh turned his life around with a ₹9 lakh grant under the Mukhyamantri Yuva Udyami Yojana. He established an ice cream production unit, which now provides jobs to eight others and earns him ₹10 lakh annually. “Today, I’m the owner of a company, and I’m grateful to the Industries Department,” Mukesh said with pride.

🔹 Ranjeet Kumar Singh: Writing Success with Notebooks

With ₹10 lakh support from the state government, Ranjeet Kumar Singh set up a notebook manufacturing unit. He now offers steady employment to two families, and his business has reached a ₹10 lakh annual turnover, marking steady growth.

🔹 Women Leading the Change

Women too are making their mark under the Mukhyamantri Mahila Udyami Yojana, carving paths to independence and empowerment.

• Bhagyashree used ₹10 lakh assistance to launch a bakery production unit. She now employs eight people and supports seven families, showcasing how women-led enterprises are uplifting entire communities.

• Ruby Devi received ₹10 lakh to start a poha (flattened rice) production business. Her unit has grown to an annual turnover of ₹12 lakh, and she provides livelihood to eight individuals and sustains five families.

🔹 A Grassroots Economic Movement

These stories from Banka are not isolated cases but part of a larger grassroots movement, where government initiatives are turning aspirations into achievements. The ₹175 crore allocation in the 2025–26 state budget for rural entrepreneurship underlines Bihar's commitment to empowering its youth and women.

As more young people in rural Bihar step into the world of business with state support, the region is witnessing a silent but significant transformation — from unemployment to entrepreneurship, from helplessness to hope.