Madhya Pradesh Mukhyamantri Krishak Udyami Yojana

Introduction

• Madhya Pradesh Mukhyamantri Krishak Udyami Yojana was started in 2018.
• The main objective of this scheme will be provide assistance to the children ,son /daughters and themselves of the farmers of the state in setting up new enterprises.
• Under the scheme ,the state government will provide loan from the bank to establish a new enterprise.
• The Nodal department of the scheme is '' Department of Micro, Small and Medium Enterprises '' Government of Madhya Pradesh.
• Under this scheme ,beneficiaries will be given assistance ranging from Rs..50,000/- To Rs.2,00,00,000/-for setting up a new enterprise in the state.
• Under the scheme 15% of the capital cost of the project maximum Rs. 12,00,000/-will be given to the general category.
• Under the scheme B.P.L. Families of this category will be provided 20% of the project cost with a maximum of Rs.18,00,000/-.
• Under this scheme 6% interest subsidy will be given to women entrepreneurs and 5% interest subsidy to male entrepreneurs.
• The Beneficiaries should not be a defaulter of any nationalized bank /Financial Institution / Government Bank.
• The minimum age of the beneficiary for this scheme should be between 18 to 45 years.
• Under this scheme the beneficiary must have passed 10th class.
• Under this scheme, guarantee fees will be provided at the prevailing rate for a maximum of 7 years.
• Under this Scheme,Provided Financial assistance to the sons and Daughters of farmers to establish their own enterprises.
• The beneficiary should not be receiving benefits under any other government entrepreneur and self-employment scheme.
• In this scheme the beneficiary family will get assistance only once.
• The applicant can avail the benefits of this scheme through offline application from .

Benefits

• The Following Benefits will be given under the Madhya Pradesh Mukhyamantri Krishak Udyami Yojana;-

  Project Capital Cost Margin Money .
  General Class.	15% of the project cost(maximum Rs.12,00,000/-).
  BPL Category.	20% of the project cost (Maximum Rs. 18,00,000/-).

  Interest Subsidy.
  Project Cost to Male Entrepreneurs.	5% Interest subsidy will be given.
  Project Cost to Woman Entrepreneurs.	6% Interest Subsidy will be given.

  • Under this scheme Financial Assistance ranging From Rs.50,000/- To Rs.2,00,00,000/- will be Provided.
  • Under this Scheme, only the Farmers of the State and their Children will get the benefit .
  • The Following Margin Money will be given for the capital cost of the project :-
  • The following Interest Subsidy will be given on the Capital cost of the project:-

Projects

• The following projects will be run under the Madhya Pradesh Mukhyamantri Krishak Udyami Yojana :-
  • Agro Processing.
  • Food Processing.
  • Cold Storage.
  • Milk Processing.
  • Cattle Feed.
  • Poultry feed.
  • Fish Feed.
  • Custom Hiring Center.
  • Tissue Culture.
  • Pulse Mill.
  • Rice Mill.
  • Oil Mill.
  • Flour Mill.
  • Seed Grading.
  • Bakery.
  • Agriculture Based Projects Related to Industry and Service Sector.

Eligibility

• Applicant should be a resident of Madhya Pradesh.
• The age of Applicant Should be between 18 to 45 years.
• Applicant should have Own land.
• The Applicant should not be an Income tax payer.
• Educational Qualification should be minimum 10th class.
• The Applicant should not be a defaulter of any nationalized bank /Financial Institution / Government Bank.
• No income limit has been set for the applicant to apply under the scheme.
• The Applicant should not be receiving benefits under any other government entrepreneur and self-employment scheme.
• The Applicant's family should already be established in the industry/business sector.

Document Required

• Residential Proof Of Madhya Pradesh.
• Aadhar Card.
• Income Certificate.
• B.P.L. Card.
• Land Related Document.
• 10th Marksheet.
• Account Number.
• Passport Size Photo.
• Mobile Number.

How To Apply

• The Applicant can apply the Madhya Pradesh Mukhyamantri Krishak Udyami Yojana by Filling Offline application Form .
• Offline application form is available on the Farmer Welfare Department /District Trade and Industry Centre Office.
• Take the application Form , Fill it Correctly .
• Attach all the required documents with the application form.
• submit the Madhya Pradesh Mukhyamantri krishak Udyami Yojana Offline Application Form along with the all documents in Department of Farmer Welfare/District Trade and Industry Centre.
• Received Application Forms along with the documents will be verified by the Department Officers.
• After the verification , the applicant will start getting the benefits of the Scheme.

Important Forms

• Madhya Pradesh Mukhyamantri krishak Udyami Yojana Offline Application Form.

Important Link

• Madhya Pradesh Mukhyamantri Krishak Udyami Yojana Guideline.
• Department Of Micro, Small and Medium Enterprises, Madhya Pradesh Portal.

Contact Details

• Department of Micro, Small and Medium Enterprises Contact Details.