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Mukhya Mantri Swarojgar Yojana

Date : 21/07/2014 -

Mukhya Mantri Swarojgar Yojana is being implemented by the Madhya Pradesh government to establish self-employment for the educated unemployed. In which loan cases can be prepared for industry / service / business, since currently online applications are accepted in the scheme and loan cases are sent online to banks for approval. Loans can be obtained in this scheme up to a maximum limit of 50 thousand to 10 lakh.

Beneficiary:

Under the scheme, a maximum of 2 lakh 30 percent subsidy is provided to the general category applicants living below the poverty line. There is no separate provision for senior citizens.

Benefits:

Under this scheme, a maximum amount of 30 percent margin money (grant) is given to women applicants belonging to SC / ST / Backward class / minority and general category, and 15 percent margin money (grant) to general category applicants. Maximum amount of 1 lakh is provided. Under the scheme, a maximum of 2 lakh 30 percent subsidy is provided to the general category applicants living below the poverty line. The scheme will be eligible for interest subsidy at the rate of 5 percent. In the event of being a female applicant, the amount of interest subsidy at the rate of 6 percent will be eligible. For the beneficiaries of nomadic and semi-nomadic tribes, 30 percent maximum amount will be eligible for 3 lakh margin money.

How To Apply

The scheme is being operated completely online. Applicants should take all the documents from their nearest MP online center by taking the basic documents like – 5th mark list, Aadhar card, Voter card, Ration card, Income certificate, Caste certificate, Resident certificate, Bank passbook, proposed project report and 1 passport size photo. Online application has to be submitted by scanning. To avail benefits under the scheme, the age of the applicant should be between 18 years to 45 years and it is necessary to be a native of Madhya Pradesh.

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