Benefits
For projects worth Rs 10 lakh or more:-
For general class 15% (maximum ₹12,00,000)
For BPL category 20% (maximum ₹18, 00, 000)
For women entrepreneurs, a 6% and male 5% interest subsidy
the guarantee fee will be payable at the prevailing rate for a maximum of 7 years.
For projects less than Rs 10 lakh:-
15% of the project cost (maximum ₹1,00,000 ) for the general category.
BPL/ scheduled caste / scheduled 30% of the project cost (maximum ₹2,00,000) for Tribes / Other Backward Classes (except creamy layer) / Women / Minorities / Disabled.
Additional provisions-
30% of the project cost (maximum ₹3,00,000) to the liberated nomadic and semi-nomadic tribes.
Bhopal Gas victim family members are eligible for an additional 20% (maximum ₹1,00,000) on the project cost.
At the rate of 5% per annum of the capital cost for projects of ₹10,00,000 or more and at the rate of 6 % per annum for women entrepreneurs, for a maximum of 7 years. (Maximum ₹5,00,000 per annum)
For projects less than ₹10,00,000 5% of the project cost per annum rate and 6% for women entrepreneurs At the rate of per annum, for a maximum of 7 years. (Maximum ₹ 25,000 per annum)
The objective of this scheme is to provide financial assistance to the sons and daughters of farmers to establish their businesses. the government of Madhya Pradesh provided loans to the bank for all citizens of the state.
About This Scheme
The Mukhya Mantri Krishak Udyami Yojana. the Department of Micro, Small & Medium Enterprises, Madhya Pradesh government gives loans up to ₹ 50,000 to ₹10,00,000 for financial assistance to the sons and daughters of farmers to establish their businesses. economically weak farmers will be able to become self-reliant by setting up their businesses and their weak economic condition will not become a hindrance to their progress.
Under this, 15% of the capital cost will be provided to the general category, and 20% of the capital cost will be provided to the BPL(Below Poverty Line) category. So that the citizens of the state will be inspired to establish their businesses. Through this scheme, the unemployment rate in the state will decline.
Benefits
For projects worth Rs 10 lakh or more:-
For general class 15% (maximum ₹12,00,000)
For BPL category 20% (maximum ₹18, 00, 000)
For women entrepreneurs, a 6% and male 5% interest subsidy
the guarantee fee will be payable at the prevailing rate for a maximum of 7 years.
For projects less than Rs 10 lakh:-
15% of the project cost (maximum ₹1,00,000 ) for the general category.
BPL/ scheduled caste / scheduled 30% of the project cost (maximum ₹2,00,000) for Tribes / Other Backward Classes (except creamy layer) / Women / Minorities / Disabled.
Additional provisions-
30% of the project cost (maximum ₹3,00,000) to the liberated nomadic and semi-nomadic tribes.
Bhopal Gas victim family members are eligible for an additional 20% (maximum ₹1,00,000) on the project cost.
At the rate of 5% per annum of the capital cost for projects of ₹10,00,000 or more and at the rate of 6 % per annum for women entrepreneurs, for a maximum of 7 years. (Maximum ₹5,00,000 per annum)
For projects less than ₹10,00,000 5% of the project cost per annum rate and 6% for women entrepreneurs At the rate of per annum, for a maximum of 7 years. (Maximum ₹ 25,000 per annum)
Eligibility Criteria
The applicant must be a permanent resident of Madhya Pradesh.
The age of the applicant should be between 18 to 45 years.
Educational qualification should be a minimum of 10th class.
The parents of the beneficiary should not have their agricultural land.
The applicant should not be an income taxpayer.
Application Process
Apply Online
Step 1: Visit the
official website
using the provided link
Step 2: The homepage will appear, and you need to click on the application link for the
Mukhya Mantri Krishak 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.
Apply Offline
Step 1 The Applicant can apply for the Madhya Pradesh Mukhya Mantri Krishak Udyami Yojana by Filling
Offline Application Form.
Step 2: Offline application form is available at the Farmer Welfare Department /District Trade and Industry Centre Office.
Step 3: Take the application Form, Fill it Correctly,
Step 4:Attach all the required documents with the application form.
submit the Madhya Pradesh Mukhya Mantri Krishna Udyami Yojana Offline Application Form along with all documents to the Department of Farmer Welfare/District Trade and Industry Centre.
Step 5:Received Application Forms along with the documents will be verified by the Department Officers.
Step 6: After the verification, the applicant will start getting the benefits of the Scheme.
Official Source: View on myScheme.gov.in