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 .

Current Status of Madhya Pradesh Mukhyamantri Krishak Udyami Yojana

Madhya Pradesh Mukhyamantri Krishak Udyami Yojana is a discontinued scheme. The Madhya Pradesh Government stopped and closed the scheme from 1 April 2020. Therefore, applicants cannot submit fresh applications or claim new benefits under the old Mukhyamantri Krishak Udyami Yojana. The scheme was earlier implemented to help farmers and their sons and daughters establish their own industries, services or businesses through bank-financed projects.

The Madhya Pradesh Government subsequently introduced the Mukhyamantri Udyam Kranti Yojana as a broader self-employment scheme for youth.

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.