About Mukhyamantri Swarojgar Yojana
The government of Madhya Pradesh has started a program called “Mukhyamantri Yuba Swarojgar Yojana” to help young people in the state become self-employed. The program gives money and other things to young people who want to start their own businesses. This blog post will explain the program, its goals, who can apply, what they can get, what documents they need, and how to apply.
This project helps young women start businesses like beauty parlors, spas, massage centers, and shops. Boys can also start their own businesses with ideas like computer centers, coaching, and internet marketing.
Objective Of This Scheme
- Providing loans to young men/women in Madhya Pradesh to build their self-employment
- Helping them to start new business ventures
- To increase the number of entrepreneurs in the state
- Promoting the idea of self-employment throughout Madhya Pradesh
- Building their self-reliance
Full Overview Of MP Mukhyamantri Swarojgar Yojana
| Name Of Scheme | MP Mukhyamantri Yuva Swarojgar Yojana |
| Launched By | Govt Of Madhya Pradesh |
| State Name | Madhya Pradesh |
| Implementation Year | 2014 Renewed on 16th November 2017 |
| Objectives | Providing Loans To Unemployed Youth In The State To set up their Business Ventures |
| Incentive | Loan Up To 10 Lakhs |
| Beneficiaries | Unemployed Youth Of The State |
| Application Starts | Already Started |
| Process | Online Registration |
| Official Website | https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html |
Eligibility Criteria
The applicant must fulfill the following criteria
- The applicant must be a resident of Madhya Pradesh
- Applicants must be between 18 and 45 years of age
- Applicants must pass a minimum of fifth grade
- No income limit applies to the applicant, but if the applicant’s family has already benefited from the scheme and he is an I-taxpayer, he will not be eligible to apply for the scheme.
- If the applicant has applied for a loan or has already received a loan, he will not be eligible to apply for this scheme.
- Applicants can apply for this project only once
- If Applicants apply more than once, then the application will be rejected
Benefits
All young men and women under this scheme will be able to avail loans from the Government of Madhya Pradesh for a minimum of Rs 50,000 to a maximum of Rs10 lakhs for setting up their business ventures and self-employment.
Margin Money
- For the General class, 15 percent of the total cost i.e. maximum 1 lakh rupees
- For BPL / Scheduled Castes, Scheduled Tribes, and Other Backward Classes 30 percent i.e. maximum of three lakh rupees
- For the families affected by the Bhopal gas accident, an additional twenty percent or a maximum of Rs 1 lakh
To know all other things of this project like interest rate, refund progress, and other all information please visit the official guidelines
Required Documents
- Residential Certificate
- Aadhar Card
- Birth certificate
- address proof
- Identity card
- Marksheet of educational qualification/Result card of class 5th
- certificate of income
- Certificate of Disability issued by the Competent Authority (if applicable)
- Rent deed if land/building is taken on rent (if applicable)
- Quotation of current rates for machinery/equipment/furnishings (if applicable)
- Caste Certificate (if applicable)
- In case of exceeding the limit of creamy layer under OBC, Income certificate issued by the competent authority (if applicable)
- Entrepreneurship development training, enclose certificate (if applicable)
- Copy of Bio Ration Card (if applicable)
- applicant’s bank account details
- passport size photo
- valid mobile number
How to apply
Madhya Pradesh Mukhyamantri Yuba Swarojgar Yojana is a scheme launched by the Government of Madhya Pradesh to provide self-employment opportunities to the youth of the state. Here are the steps to apply for the scheme offline:
- Visit the nearest Common Service Center (CSC) or authorized agency for the Mukhyamantri Yuba Swarojgar Yojana.
- Collect the application form for the scheme from the authorized agency.
- Fill in the application form with all the necessary details, such as name, address, age, educational qualification, and proposed business idea.
- Attach the required documents with the application form, such as identity proof, address proof, educational certificates, and business plan.
- Submit the application form and documents to the authorized agency.
- Pay the application fee, if applicable, as per the rules of the scheme.
- After submitting the application, you will receive an acknowledgment receipt from the authorized agency. Keep it safely for future reference.
- Wait for the authorities to process your application. You may be called for an interview or asked to provide additional documents if required.
- Once your application is approved, you will receive the benefits of the Mukhyamantri Yuba Swarojgar Yojana, such as financial assistance, training, and mentoring support.
You can easily apply for this project online from home, we have explained the procedure below
- Visit the official website of the scheme/program.
- Look for the “Apply Online” or “Online Application” button and click on it.
- You will be directed to a new page where you need to register yourself by providing your basic details such as name, email ID, mobile number, etc.
- After successful registration, log in to your account using the credentials provided.
- Select the scheme/program for which you want to apply and fill in the online application form with all the required details such as personal information, educational qualifications, address, bank account details, and any other details as required.
- Upload the necessary documents as per the instructions provided, such as identity proof, address proof, educational certificates, and business plan.
- After completing the application form, review all the details entered and click on the “Submit” button.
- Pay the application fee, if applicable, through the online payment gateway.
- After successful payment, you will receive a confirmation message on the registered mobile number and email ID.
- Take a printout of the confirmation page for future reference.
LOGIN: To log in to your account on any website or portal, follow these steps:
- Go to the website or portal where you have registered for the scheme/program.
- Look for the “Login” or “Sign in” button and click on it.
- Enter your registered email ID or mobile number and password in the provided fields.
- Click on the “Login” button to access your account.
TRACK APPLICATION: To track the status of your application, follow these steps:
- Go to the official website of the scheme/program.
- Look for the “Track Application” button and click on it
- Enter your application ID or reference number and other required details, such as date of birth, name, or mobile number.
- Click on the “Submit” button to view the status of your application.
- You can also download or take a printout of the application status for future reference.