Mukhyamantri Yuva Swarozgar Yojana Scheme for Madhya Pradesh, Mukhyamantri Yuva Swarozgar Yojana in Hindi, Mukhyamantri Yuva Swarozgar Yojana Application Forms, Mukhyamantri Yuva Swarozgar Yojana MP State.
Mukhyamantri Yuva Swarozgar Yojana in Hindi
In an effort to reach out to the youth that aspire to build a career for themselves by the assistance of the business industry but lack sufficient funds for investments, the Madhya Pradesh government launched a holistic scheme in 2014. Launched on 1st August 2014, the Mukhya Mantri Yuva Swarozgar Yojana is a financial assistance program that grants benefits and loans at beneficial interest rates to the young bright minds of the state for initiating their own startup. For the people that have a plan of setting up a business backed on an idea that they believe can be the next big thing in this time, the government provides financial assistance in the forms of loans and sponsorships. This scheme has been tremendously successful and has helped the state lessen its unemployment ratio by increasing the job creating populace instead of job seekers.
Mukhyamantri Yuva Swarozgar Yojana for Madhya Pradesh
|Scheme Name||Mukhyamantri Yuva Swarozgar Yojana|
|Launched Date||Launched on 1st August 2014|
|Amount||Rs. 20 thousand and Rs. 10 lakh|
|Age Limit||18 to 45 years|
|Qualification||5th Class Minimum|
The government of Madhya Pradesh provides margin money assistance, interest subsidy, loan guarantees, and necessary training to the beneficiaries to make them capable and equipped with the much needed basics in founding a business. By diminishing collateral security the government has worked through the scheme to enhance the ratio of entrepreneurs in the state. converting job seekers into job creators has worked out very amazingly for the state and is paving a way to development in economic as well as many other standards. here we have all the basic details that you need to know about the Mukhya Mantri Yuva Swarozgar Yojana in order to avail this opportunity and create your own name in the world of business.
Features of the MP Mukhyamantri Yuva Swarozgar Yojana
The government has subsidized a maximum and minimum amount of financial assistance per project and demands that the applicants ensure that their project falls somewhere between the range of Rs. 20 thousand and Rs. 10 lakh in order to sanction the loan.
The interest rate is set to be 5% per year till the first 7 years. This interest will be applicable on the total cost of the project or the principle amount granted as loan.
This guarantee fee has to be paid at the same rate for the first 7 years without fail.
20% of the cost of the project will be provided as the Margin Money. For projects costing up to Rs 50 thousand, a margin money amount of Rs 10 thousand will be provided on a one shot basis.
Eligibility standards to apply for the Scheme
In order to apply for the scheme the applicants should be permanent residents of the state of Madhya Pradesh
The applicant should have passed the 5th class minimum.
Age limits are from 18 to 45 years.
The applicant should not be a defaulter in the eyes of any rationalized or private sector banks.
Applicants who are not already getting financial benefits from any other scheme are eligible to apply.
The scheme is open for industry/business/service company projects only.
How to apply for the loan under Mukhya Mantri Swarozgar Yojana
- Visit your district office to get the forms for free.
- Once you have finished all the details required you can submit it back to the same office for review.
- After the review forms that are incomplete will be recalled for completion of the forms and submission of necessary documents.
- Along with the form applicants have to submit a general project report for the proposed project.
- After the selection of a candidates the same will be notified and the loan will be dispersed within 15 days.
मुख्यमंत्री युवा स्वारोज़गार योजना मध्या प्रदेश में आप को अनुदान के रूप में रुपए 10 लाख से 1 करोड़े तक मिल सकते है. इस संबंध में अधिक जानकारी के ली आप इस पोस्ट को पढ़े. इस संबंध में अधिक जानकारी के ली अपने नज़दीकी सरकारी ऑफीस में जाकर जानकारी ले. किसी भे प्रकार के प्रशन के लीय नीचे कॉमेंट बॉक्स में अपना प्रशन लिखे.
Mukhyamantri Yuva Swarozgar Yojana Forms
Mukhyamantri Yuva Swarozgar Yojana
This Notification is form the MP State Youth, those want to stand there own business in MP State. For there better future, government of MP give them help with money. The amount is huge so applicants can start Business of rupees 1 Crore also. So this is the scheme for the Low Amount business also called Laghu Udyog and Big Udyog. For this scheme, you just need to take the go to the Government of MP and then show you documents those are required to take a Loan form government. If all the formalities will be okie, Then money will be provided by the Government with in few months.
Check Out – Mukhyamantri Rajshri Yojana
So the Application Forms Regarding the MP Mukhyamantri Yuva Swarozgar Yojana 2016-17 will be in this Post as PDF File. So now the applicants those want to download this Forms they can. After your Download Mukhyamantri Yuva Swarozgar Yojana Forms, The you need to Print out the forms. When you Print out fill the form correctly and Don’t make cut or rewrite in the Forms. If there is more cutting then it will not accept. So you Need to Fill the form carefully, and then your have to Submitted this to the near MP Government office address is on the for or post it. The the Information regarding submission form is on the forms. and this post. So Get ready and Take advantage of this Government Scheme.