About Madhya Pradesh Mukhyamantri Udyam Kranti Yojana
Madhya Pradesh Mukhyamantri Udyam Kranti Yojana: The problem of unemployment in our country is increasing day by day. So our country’s Youths are facing the most difficulties in this problem. All the states Govt of our country have launched various projects according to their level to increase the self-employment of the youth and free them from the scourge of unemployment. Like them, the Madhya Pradesh government has also taken many initiatives for the employment of youth among them Madhya Pradesh Chief Minister’s ‘Udyam Kranti Yojana is Notable. Madhya Pradesh Chief Minister Shivraj Prithvi Singh Chauhan proposed to launch this Scheme On March 13, 2021.
Under the Madhya Pradesh Chief Minister’s “Udyog Kranti Yojana”, the youth of Madhya Pradesh will be given loans for setting up their own Enterprises. Most importantly, the government will provide the guarantee of the loans which will be provided under this scheme by the bank. This means that the beneficiary will not have to give any guarantee to the bank for taking a loan and also the state government will subsidize the interest on this loan.
Objective
- To encourage the citizens of the state for self-employment. .
- Reducing the unemployment rate in the state
- To make the unemployed youth of the state self-reliant and empowered.
- Increasing the employment opportunities in the state
- To increase Entrepreneurs in the State
Full Overview Of Mukhyamantri Udyam Kranti Yojana
| Name of Scheme | Mukhyamantri Udyam Kranti Yojana |
| Launched by | Hon’ble Chief Minister Of Madhya Pradesh, Shivraj Prithvi Singh Chouhan |
| State Name | Madhya Pradesh |
| Implementation | 13 March 2021 |
| Objectives | Providing loans to unemployed youth in the state for setting up business ventures |
| Benefits | The state government will provide necessary loans to unemployed youth to set up business ventures |
| Beneficiary | The unemployed youth of the state |
| Application Starts | Available Soon |
| Process | Offline/Online Registration (No Records) |
| Official Website | NA (Available Soon)(http://mprojgar.gov.in/) |
Eligibility criteria
- Applicant must be a permanent resident of Madhya Pradesh.
- Only unemployed citizens of Madhya Pradesh can avail the benefits of this scheme.
- The loan amount will be given to the applicant only for setting up a business venture or investing in employment
Benefit
Through this scheme, the government will provide loans to unemployed youth of the state for setting up business ventures without any guarantee so that they can establish their own self-employment. The Uttar Pradesh state government will also provide interest subsidies on loans.
Under this scheme, the state government will provide loans to unemployed youth based on business investment and the Loan Amount will be transferred directly to the beneficiary’s account.।
Required Documents
- Address proof
- Certificate of Identity of the Applicant (Aadhaar or Voter Card)
- Ration card
- bank passbook
- Mobile number
- Passport – size photo
How to Apply
Chief Minister Shivraj Singh Chouhan has just announced the project, No official announcement has been made about the application process for the project, we will update this page once the application process is published. Please stay tuned with us.