Introduction
Udyam Kranti Yojana has been implemented by the Chief Minister of Madhya Pradesh to provide employment to the unemployed in the state and to make them empowered. Through which loans are given to the youth of the state to set up enterprises. How to get the benefit of the scheme and how to apply for the scheme. To get all this information, you have to read this article till the end. So, let’s know about the Udyam Kranti Yojana.
मध्य प्रदेश उद्यम क्रांति योजना has been started by Madhya Pradesh Chief Minister Shivraj Singh Chouhan to promote employment in the state. Through this scheme, the youth of Madhya Pradesh will be provided loan by the government to set up their own enterprise and the guarantee of the loan will be provided by the government to the banks. Out of which the beneficiary will not have to give any guarantee to the bank to get the loan. A special feature of this scheme is that the state government will also provide interest subsidies on loans to the beneficiaries. With the help of which the citizens of the state will be able to establish their own self-employment.
Assistance provided under Udyam Kranti Yojana
Madhya Pradesh Chief Minister Udyam Kranti Yojana has been started for the youth of Madhya Pradesh to start or grow business. Through which loans ranging from 1 lakh to 50 lakh are provided to the eligible beneficiaries. Out of which 3% interest subsidy will be provided by the state government and loans ranging from 1 lakh to 25 lakh will be provided to the beneficiaries for the service sector. Out of which only new entrepreneurs will be able to take advantage of this scheme.
Main aspects of Udyam Kranti Scheme
Under this scheme, 3% interest subsidy is provided on loan to the youth in the enterprise and service sector. To get the benefit of this scheme, the age of the applicant has been fixed between 18 to 40 years and his minimum educational qualification should be 12th class. The annual income of his family should be Rs.12 lakh or less. Apart from this, if the applicant is a tax payer, then in this case the income tax details of the last 3 years will have to be submitted by the applicant along with the application. Apart from this, the sector of small, medium and micro industries will also be developed and old schemes will also be given a new look.
Implementation of MP Udyam Kranti Yojana
The scheme will be implemented through an integrated portal. Only on the basis of that the eligible beneficiaries will be able to get the benefit of the scheme. For this scheme, 3% interest can be provided as subsidy for 7 years.
About MP Udyam Kranti Yojana
| Scheme Name | Madhya Pradesh Chief Minister Udyam Kranti Yojana |
| Launched by | Government of Madhya Pradesh |
| Department | Micro Small and Medium Enterprises Department |
| Beneficiary | State citizen |
| Assistance provided | Loans ranging from 1 lakh to 50 lakh to set up business |
| Application Process | Online / Offline |
| Official website | samast.mponline.gov.in |
Objective
The main objective of the scheme is to provide loans by the government to the beneficiaries running their own business.
Udyam Kranti Yojana Online Registration
The Madhya Pradesh government has started the application process for Madhya Pradesh Udyam Kranti Yojana to connect the citizens of the state with self-employment. For that, those beneficiaries who want to register themselves under the scheme will have to apply online by visiting the official website. They will be able to get the benefit of the scheme only after the application. This process will save both time and money and bring transparency in the system.
Banks included under मध्य प्रदेश उद्यम क्रांति योजना
- Bank of India
- Bank of Maharashtra
- Union Bank
- ICICI Bank
- Federal Bank
- Dhanlaxmi Bank
- HDFC bank
- Bandhan bank
- State Bank Of India
- Punjab And Sind Bank
- Central Bank of India
- Bank Of Baroda
- Indian Overseas Bank
- Punjab National Bank
- Indian Bank
- UCO Bank
- South Indian Bank
- Yes bank
- Canara Bank
- Axis Bank
- IDBI Bank
- Karur Vyasa Bank
Eligibility
- The applicant must be a permanent resident of Madhya Pradesh.
- The minimum age of the applicant should be 18 years and the maximum age should be 40 years.
- Applicant must have passed minimum 12th class.
- To get the benefit of the scheme, the annual income of the applicant’s family should be ₹ 1200000 or less.
- If the applicant is a tax payer, then in this case the income tax statements of the last 3 years should be submitted by the applicant along with the application.
- Only entrepreneurs setting up new ventures will be given the benefit of this scheme.
- Only those citizens who are not defaulters in any bank or any financial institution can get the benefit of this scheme.
- The benefit of any other self-employment scheme of the Central or State Government is not being availed by the applicant.
Required Documents
- Aadhar card
- Permanent certificate
- Ration card
- Income certificate
- Bank account
- Mobile number
- Passport size photo
Essential guidelines for Udyam Kranti Yojana
- Loans ranging from ₹ 100000 to ₹ 5000000 to the youth setting up manufacturing units and enterprises and ₹ 100000 to ₹ 2500000 for the service sector will be provided under मुख्यमंत्री उद्यम क्रांति योजना.
- The benefit of the scheme will be given only to the citizens setting up new enterprises.
- The provisions of this scheme will be the same for all categories of applicants.
- Only those citizens can get the benefit of this scheme who are not a defaulter in any financial institution of any bank.
- Apart from this, the benefit of this scheme will not be provided to the citizens who are getting the benefit of any other self-employment scheme of the Central and State Government by the applicant.
- No interest subsidy will be provided for the period for which the beneficiary’s account is becoming NPA.
- Apart from this, the interest subsidy will be reimbursed on an annual basis only.
- The guarantee fee will be given at the prevailing rate including moratorium period up to a maximum of 7 years.
Benefits of Udyam Kranti Yojana
- Permanent residents of the state of Madhya Pradesh will get the benefit of Chief Minister Udyam Kranti Yojana.
- Through this scheme, loans ranging from 1 lakh to 50 lakh will be provided to the beneficiaries. In which interest subsidy of 3% will be provided by the state government.
- The amount provided under the yojana will be directly transferred to the bank account of the beneficiary.
- With the help of which the youth of the state will be helped to establish their own enterprise.
- There will be no need to give any kind of guarantee on the loan given to the beneficiaries.
- This scheme has been started to provide employment to unemployed people.
- This yojana will reduce the unemployment rate in the state.
- This will improve the income of the beneficiaries.
- The benefit of the scheme can be obtained through online and offline mode.
Key Features of Udyam Kranti Yojana
- Reducing the unemployment rate in the state
- Connecting unemployed youth with employment
- Assistance provided by the state government
- Making the beneficiaries self-dependent and empowered
How to Apply
First of all the eligible beneficiary has to visit the official website.
Now you have to click on आवेदन करे button
After that you have to click on the link containing Create New Profile.
- Now a new page will open in front of you.
- In which you have to enter your full name, date of birth, gender, relationship, relative’s name, category, mobile number, email id and captcha code.
- After that you have to click on the option of Create Profile.
- Then you have to login by entering your registered mobile number and date of birth.
- Now you have to click on the option of मुख्यमंत्री उद्यम क्रांति योजना.
- After that the application form will open in front of you.
- In which you have to enter all the important information asked.
- And the necessary documents will also have to be uploaded.
- After all the process is done, you have to click on the submit option at the end.
- In this way, you will successfully apply under Madhya Pradesh Chief Minister Udyam Kranti Yojana.
Bankers login process
- First of all the eligible beneficiary has to visit the official website.
- Now you have to click on the option of Bankers login.
- After that the Login Form will open in front of you.
- In which you have to enter user name password and captcha code.
- After that you have to click on the option of Sign In.
- You will be able to log in by following this process.
How to check application status
- First of all the eligible beneficiary has to visit the official website.
- Now you have to click on the option of आवेदन की स्थिति देखें.
- After that you have to login by entering your registered mobile number and date of birth.
- Then you have to click on the option of application status.
- After that you have to enter your reference number.
- After this process, you have to click on the option of Search.
- As soon as you click on the option of Search, the status of the application will appear on your computer screen.
Udyam Kranti Scheme – Helpline Number
0755-6720200
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