Mukhyamantri Yuva Annadoot Yojana
The scheme aims to provide employment opportunities to unemployed youth/women for 7 years by involving them in the transport of food grains from Madhya Pradesh State Civil Supplies Corporation centers to fair price shops. Benefits include an interest subsidy/grant.
About This Scheme
Benefits
₹1.3 L
Interest Subsidy/Grant: A 3% interest subsidy/grant is provided for 7 years.- CGTMSE Fee Refund: A maximum refund of the Credit Guarantee Fund Trust for Micro and Small Enterprises fee of up to ₹1,25,000/- is provided.- Maximum Vehicle Cost Covered: The scheme supports the purchase of vehicles with an approximate cost of up to ₹25,00,000/-.- Payment for Transportation: Payment for the transportation of food grains and handling expenses is provided as per the fixed rate for the sector.
##### Disbursement
Mode of Payment: The payment for transportation of food grains and handling expenses for the sector will be paid directly into the bank account of the beneficiary monthly by the Madhya Pradesh State Civil Supplies Corporation.- Penalty Provision: If the food grain is not transported on time to the designated fair price shop, 33% of the total monthly transport rent/fare on the concerned fair price shop may be deducted from the beneficiary's transport rent/fare. This penalty deduction will only occur after a hearing has been granted by the designated Supply Officer/Collector.
##### Conditions
The beneficiary must ensure the purchase of a vehicle within the capacity range of 7.5 Metric Tons (+/- 10%).
The beneficiary must utilize the vehicle for lifting and transporting allocated food grains from the Madhya Pradesh State Civil Supplies Corporation center to the fair price shops for 7 years.
The beneficiary must obtain a bank loan, as the Central Bank of India is designated to provide the loan for vehicle purchase.
Required Documents
- ✦##### Documents Required During Application
- ✦Applicant’s Latest Photograph And Signature.
- ✦Proof Of Educational Qualification.
- ✦Proof Of Age.
- ✦Truck/Vehicle Model Details.
- ✦Caste Certificate.
- ✦Proof Of Native Residence And Address (Must be a certificate issued by Tehsildar or a higher authority of the Revenue Department).
- ✦Copy Of Project Report.
- ✦Copy Of Bank Loan Pre-Sanction (If Applying Via Bank).
- ✦Heavy Motor Vehicle Driving License.
- ✦Self-Declaration Of Not Being A Government Servant Or Pensioner.
- ✦Affidavit Of No Criminal Case Or Background And Declaration That Given Information Is True On A Stamp Paper Of ₹100/-.
- ✦Consent To Share Equity/Initial Contribution Amount (If Applicable).
- ✦Self-Declaration Regarding Vehicle Selection.
- ✦##### Documents Required Post-Application (Deficiency Completion)
- ✦Document/Certificate Required By District Supply Officer/Collector (Must be supplied within 7 working days).
✦ Required ◦ Optional
How to Apply
Quick Info
- Level
- Central Government
- Max benefit
- ₹1.3 L