Mukhya Mantri Yuva Udyami Yojana
At a Glance
Scheme Category
Banking,Financial Services and Insurance,Business & Entrepreneurship,Banking and money,Financial regulation,Personal finance,Loan
Target Beneficiaries
Individual
Brief Description
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.
Benefit Type
Cash
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.
Application Mode
Online
Application Process
Step 1: Visit the <nis:link nis:type=webUrl nis:id=slugId nis:text="official website" nis:value=https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html# nis:enabled=true/> using the provided link Step 2: The homepage will appear, and you need to click on the <nis:link nis:type=webUrl nis:id=slugId nis:text="application link" nis:value=https://msme.mponline.gov.in/portal/Services/DCI/Index.aspx?did=RDAx&Y=MMYUY nis:enabled=true/> for the Mukhya Mantri Yuva Udyami Yojana 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 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.
Required Documents
- - Detailed Project Report
- - Madhya Pradesh Native Certificate
- - Certificate of Educational Qualification
- - date of birth certificate
- - If the land/building is on rent then the rent name
- - Quotations of current rates for machinery/equipment/ equipment
FAQs
What is the Mukhya Mantri Yuva Udyami Yojana?
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.
Who is eligible for the scheme?
The scheme is open to all Indian citizens above the age of 18 to 40 who are permanent residents of Madhya Pradesh.
How much financial assistance is available under the scheme?
A maximum of ₹10 lakhs will be provided as financial assistance to each successful applicant under the scheme.
What is the minimum educational qualification required for the scheme?
Yes, the Madhya Pradesh government provides financial support to startups and small businesses through various schemes, including the Chief Minister Youth Entrepreneur Scheme.
Can non-residents of Madhya Pradesh apply for this scheme?
No, only permanent residents of Madhya Pradesh are eligible to apply for the Chief Minister Youth Entrepreneur Scheme.
What documents are required to register for the Scheme?
Detailed Project Report Madhya Pradesh Native Certificate Certificate of Educational Qualification date of birth certificate the land/building is on rent then the rent name Quotations of current rates for machinery/equipment/ equipment
Under which department does this scheme come?
Department of Micro, Small & Medium Enterprises
How to apply offline?
Complete the application form available on the mpmsme.gov.in online portal or https://mpmsme.gov.in:8080/mpmsmecms/Uploaded%20Document/Documents/MYUY_Application.pdf
How to apply online?
Visit the official website using the provided linkhttps://msme.mponline.gov.in/Portal/Services/msme2019/landing.html
Is this Scheme for student scholarship?
No, Under this scheme, loans will be provided by the bank to all those citizens of the state who want to set up their industries.