State Schemes for MSMEs

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Scheme Name: MP Mukhyamantri Udyam Kranti

State: Madhya Pradesh

Description of the Scheme: Young people will be able to apply for loans ranging from Rs. 1 lakh to Rs. 50 lakh under this plan. The proposal is unique in that the state government will provide a 3% interest subsidy in addition to a bank guarantee.

Target group :

Sector of the Scheme:

Eligibility Criteria: Youth of Madhya Pradesh

Nature & Mode of Assistance: The scheme's unique feature is that the state government would provide a 3% interest subsidy as well as a bank guarantee.

"Financial Information (Subsidy, low interest rate, etc.)": Young people will be able to apply for loans ranging from Rs. 1 lakh to Rs. 50 lakh under this plan. The proposal is unique in that the state government will provide a 3% interest subsidy in addition to a bank guarantee.

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: District Industries Centre

Whom to Contact:

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