Mukhya Mantri Yuva Udyami Yojana
in Madhya Pradesh
Last updated:
Key dates and updates (Madhya Pradesh)
Nationwide and Madhya Pradesh-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Mukhya Mantri Yuva Udyami Yojana in Madhya Pradesh
Mukhya Mantri Yuva Udyami Yojana is a government scheme available to eligible residents of Madhya Pradesh.
Apply for Mukhya Mantri Yuva Udyami Yojana in Madhya Pradesh
Scheme Overview
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.
Eligibility Criteria
- 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.
Benefits
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.
Required Documents
| # | Document |
|---|---|
| 1 | Detailed Project Report |
| 2 | Madhya Pradesh Native Certificate |
| 3 | Certificate of Educational Qualification |
| 4 | date of birth certificate |
| 5 | If the land/building is on rent then the rent name |
| 6 | Quotations of current rates for machinery/equipment/ equipment |
How to Apply in Madhya Pradesh
Step 1: Visit the official website using the provided link
Online 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
Online 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
Online 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
Online 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
Online 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.
Online 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
Offline 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
Offline Step 2: Attach all the required supporting documents as specified in the form
Step 3: Apply for the District Trade and Industry Center
Offline Step 3: Apply for the District Trade and Industry Center
Step 4: Once received, all applications will be registered
Offline 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
Offline 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.
Offline Step 6: The applicant should also prepare a General Project Report (GPR) for the proposed activity and include it with the application.
Common questions in Madhya Pradesh
Who can apply for Mukhya Mantri Yuva Udyami Yojana in Madhya Pradesh?
Eligible residents of Madhya Pradesh who meet the scheme’s overall criteria can apply for Mukhya Mantri Yuva Udyami Yojana. Refer to the eligibility section above for the complete checklist.
What documents are required for Mukhya Mantri Yuva Udyami Yojana in Madhya Pradesh?
Applicants in Madhya Pradesh typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Mukhya Mantri Yuva Udyami Yojana?
Key dates are summarized in the table on this page, from 1 August 2014 through 1 August 2014, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
The scheme aims to provide benefits and financial assistance. the government of Madhya Pradesh gives loans up to loans up to [?]10,00,000 to [?]2,00,00,000 will be provided by the bank to all those citizens of the state who want to set up their industries.