The Presidents/CEOs
All Banks

Dear Sir/Madam

Prime Minister's Kamyab Jawan Youth Entrepreneurship Scheme (PMKJ-YES)

Please refer to IH&SMEFD Circular Letter No. 08 dated July 11, 2019 and subsequent instructions on the captioned subject. In this regard, banks working as Executing Agencies shall observe standard business rules for calculation of markup subsidy under PMKJ-YES placed at Annexure-A.

2. Other instructions on the subject shall remain unchanged. Please ensure meticulous compliance of these instructions.