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Mukhya Mantri Yuva Udyami Yojana
The scheme Mukhya Mantri Yuva Udyami Yojana was launched on 1st August 2014 by the Department of Micro, Small & Medium Enterprises, Government of Madhya Pradesh. The scheme provides loans to the citizens of Madhya Pradesh who want to set up their industries.
About This Scheme
Benefits
₹12.0 L · annual
- 15% of the capital cost of the project for the general category. (Maximum ₹ 12,00,000.)
- 20% of the capital cost of the project for BPL (Maximum ₹ 18,00,000)
- At the rate of 5% per annum on the capital cost of the project and at the rate of 6% per annum for women entrepreneurs, for a maximum of 7 years. (Maximum Rs 5,00,000 lakh per year)
- The guarantee fee will be paid at the current rate for up to 7 years.
Eligibility
- •
The applicant should be a permanent resident of Madhya Pradesh.
- •
The applicant should have passed Class 10th.
- •
The applicant’s age should be between 18 to 40 years.
- •
The benefit of this scheme can be availed only once.
Required Documents
- ✦Detailed Project Report
- ✦Madhya Pradesh Native Certificate
- ✦Certificate of Educational Qualification
- ✦date of birth certificate
- ✦If the land/building is on rent then the rent name
- ✦Quotations of current rates for machinery/equipment/ equipment
✦ Required ◦ Optional
How to Apply
Step 1: Visit the official website using the provided link
Step 2: The homepage will appear, and you need to click on the application link for the Mukhya Mantri Yuva Udyami Yojana
Step 3: Various departments associated with the scheme will be displayed. Choose the department that interests you
Step 4: Choose the option for registration or sign-up if you are a new application. Click the submit button after entering your name, mobile number, password, and captcha code
Step 5: After submitting, you will be registered on the portal
Step 6: Now, you can log in to the portal and apply for the scheme.
Step 1: Complete the application form available on the mpmsme.gov.in online portal or
Step 2: Attach all the required supporting documents as specified in the form
Step 3: Apply for the District Trade and Industry Center
Step 4: Once received, all applications will be registered
Step 5: Within 15 days, the applicant will be informed about the status of their application, whether it is complete or incomplete
Step 6: The applicant should also prepare a General Project Report (GPR) for the proposed activity and include it with the application.
Quick Info
- Level
- Central Government
- Max benefit
- ₹12.0 L
- Launched
- 1 Aug 2014
Available In
Data Sources
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed Today
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed 8 days ago
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed 15 days ago
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed 23 days ago
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed 1 months ago
- https://www.myscheme.gov.in/schemes/myuy ↗Accessed 1 months ago
