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Mukhyamantri Mahila Utkarsh Yojana

Mukhyamantri Mahila Utkarsh Yojana is a scheme launched by the Government of Gujarat to empower women in the state. The scheme aims to provide financial assistance to women entrepreneurs and to promote their entrepreneurial spirit.

Start date17 Sept 2020
Last verified7 days ago
Source: myScheme.gov.in ↗Last verified: 28 Sept 2026·YojnaGuru is not affiliated with or endorsed by any government body

About This Scheme

Details Under the scheme, the government provides interest-free loans of up to Rs. 1 lakh to women entrepreneurs who wish to start a new business or expand their existing one. The loans are provided without any collateral security, and the repayment period is up to five years. The scheme also provides training and skill development programs to women entrepreneurs to help them build their business acumen and enhance their knowledge of entrepreneurship. The Mukhyamantri Mahila Utkarsh Yojana is a great initiative to promote women's entrepreneurship and to empower them to become financially independent. over the scheme name, launch date, ministry/dept. name, target beneficiary, benefits, etc.) Objectives: The main objectives of the scheme are: 1. To promote women's entrepreneurship and provide them with financial assistance to start or expand their businesses. 1. To provide interest-free loans to women entrepreneurs to promote their business ventures. 1. To provide training and skill development programs to women entrepreneurs to enhance their knowledge of entrepreneurship. 1. To create employment opportunities for women in the state. Features of the Scheme: 1. Interest-Free Loans: Under the scheme, women entrepreneurs can avail of interest-free loans of up to Rs. 1 lakh to start or expand their businesses. The loans are provided without any collateral security. 1. Repayment Period: The repayment period for the loan is up to 5 years. 1. Training and Skill Development: The scheme provides training and skill development programs to women entrepreneurs to help them build their business acumen and enhance their knowledge of entrepreneurship. - Subsidy: The government also provides a subsidy of 6% per annum to women entrepreneurs who repay their loans on time. - No Processing Fee: The scheme does not charge any processing fee for the loan application. - No Income Limit: There is no income limit for women entrepreneurs to apply for the scheme.

Benefits

  1. Interest-Free Loans: Women entrepreneurs can avail of interest-free loans of up to Rs. 1 lakh to start or expand their businesses. The loans are provided without any collateral security.
  2. Subsidy: The government also provides a subsidy of 6% per annum to women entrepreneurs who repay their loans on time.
  3. No Processing Fee: The scheme does not charge any processing fee for the loan application.
  4. Repayment Period: The repayment period for the loan is up to 5 years, giving entrepreneurs sufficient time to repay the loan.
  5. Skill Development: The scheme provides training and skill development programs to women entrepreneurs to help them build their business acumen and enhance their knowledge of entrepreneurship.
  6. Employment Generation: The scheme promotes the creation of employment opportunities for women in the state, leading to the overall economic growth of the state.
  7. Financial Independence: The scheme empowers women entrepreneurs and enables them to become financially independent, contributing to their personal and professional growth.
  8. No Income Limit: There is no income limit for women entrepreneurs to apply for the scheme, making it accessible to women from all income groups.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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    Eligibility

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    The applicant should be a woman who is a permanent resident of Gujarat.

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    The applicant should be 18 years of age or above.

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    The applicant should have passed at least the 8th standard.

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    The applicant should have a valid Aadhaar card.

Required Documents

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    The applicant should have a valid Aadhaar card.
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    Any government-issued identity proof such as Voter ID, Driving License, or PAN Card.
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    Any government-issued address proof such as Voter ID, Driving License, or Passport.
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    The applicant should provide a certificate of having passed at least 8th standard.
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    The applicant should submit a detailed business plan, including the type of business, the investment required, and expected revenue.
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    The applicant should provide the bank account details for the loan disbursement.
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    Recent passport-size photographs of the applicant.

✦ Required ◦ Optional

How to Apply

OOnline

Application Process

  1. Visit the official website of the scheme
  2. Download the application form from the website or obtain it from the nearest Gujarat Women's Economic Development Corporation (GWEDC) office.
  3. Fill in the application form with all the necessary details, including personal and business-related information.
  4. Attach all the required documents mentioned in the application form.
  5. Submit the Application Form.
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