Mukhyamantri Aarthik Kalyan 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 |
Mukhyamantri Aarthik Kalyan Yojana in Madhya Pradesh
Mukhyamantri Aarthik Kalyan Yojana is a government scheme available to eligible residents of Madhya Pradesh.
Apply for Mukhyamantri Aarthik Kalyan Yojana in Madhya Pradesh
Scheme Overview
The scheme “Mukhyamantri Aarthik Kalyan Yojana” was launched by the Department of Industrial Policy and Investment Promotion, Government of Madhya Pradesh on 1st August 2014.
Eligibility Criteria
The applicant should be a native of Madhya Pradesh.
The applicant should be a member of the Scheduled Caste category.
The age of the applicant should be between 18 to 55 years as of the date of application.
The applicant should not be a defaulter/insolvent defaulter of any nationalized bank/financial institution/cooperative bank.
If a person is receiving assistance under any government entrepreneur/self-employment scheme, he will not be eligible under this scheme.
The applicant will be eligible for assistance under this scheme only once.
**Note 01:** The working area of the scheme will be the entire Madhya Pradesh (that is, the benefit of the scheme will be given only to those enterprises which are established within the Madhya Pradesh limits).
**Note 02:** The scheme will be for the industry/service business sector.
Benefits
The maximum cost of the project under this scheme will be ₹50000/-.
Under this scheme, the margin money assistance at 50% of the project cost (maximum ₹15,000/-) will be payable by the government to the beneficiary.
The minimum period of the initial moratorium will be 6 months and after the initial moratorium, the loan repayment will be in 5 years.
Required Documents
| # | Document |
|---|---|
| 1 | Voter ID / Driving License / Aadhaar Certificate (anyone) |
| 2 | Ration Card |
| 3 | Permanent Residence Certificate |
| 4 | Date of birth certificate |
| 5 | Disability certificate issued by the competent authority (if applicable) |
| 6 | SC certificate issued by the competent authority |
| 7 | Bank account details |
How to Apply in Madhya Pradesh
Sign-Up Process:
Online — https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html Sign-Up Process:
Common questions in Madhya Pradesh
Who can apply for Mukhyamantri Aarthik Kalyan Yojana in Madhya Pradesh?
Eligible residents of Madhya Pradesh who meet the scheme’s overall criteria can apply for Mukhyamantri Aarthik Kalyan Yojana. Refer to the eligibility section above for the complete checklist.
What documents are required for Mukhyamantri Aarthik Kalyan 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 Mukhyamantri Aarthik Kalyan 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 objective of the scheme is to provide low-cost equipment and/or working capital to the BPL category beneficiaries of Scheduled Castes. The benefit of the scheme will be given for the establishment of new industries/businesses etc.