Mukhyamantri Udyam Kranti Yojana
Updated on May 6, 2022, 2 p.m.
Self-employment has attained much meaning these days as employment opportunities for youths are less in the state of Madhya Pradesh. Even highly qualified youths do not get the jobs they deserve, that have become a matter of great concern.
This is because the number of educated youths is increasing year by year, but the job opportunities remain less or same as the year progresses. The craze for getting education led to the creation of various Colleges/Universities in the state and many graduates are getting created without any purpose. The employment situation in Madhya Pradesh is like the misguided missile.
It is impossible for the government to give education to every graduate and the post graduates and this has become a matter of grave concern. At this juncture, the need of the hour is to create a business proposition where in one can set up his/her office and start the line of business to serve the people in a systematic manner. To be honest any graduate or a post graduate having good percentage in his or her line of analysis should set up their own business to make a niche for themselves and the nation.
The youth of Madhya Pradesh can come forward and establish a small hotel, tea stall, textile showrooms, hardware stores, Browsing centres, Soft and Cold drinks manufacturing units, Furniture Units and others to make a difference in their lives. Most of them can take loans from banks as they are promoting the cause of the Atmanirbhar Bharat.
This urge in the youth lead to the launch of the Mukhyamanthri Udhyam Kranti Yojana solely created by the Government of Madhya Pradesh. This was done under the leadership of Shri. Shivraj SinghChouhan to revolutionise the Business Houses, Establishments And Commercial Houses in the state on the 66th foundation day of Madhya Pradesh.
Furthermore, the best part is youth can enrol themselves in any technical or non-technical institutes recognised by the Madhya Pradesh Government and enrich their knowledge and hone their skills. Under this scheme young women and men will be given loans and other support to become job creators rather than job takers.
OBJECTIVES OF THE MUKHYAMANTRI UDHYAM KRANTI YOJANA
The objectives of the Mukhyamanthri Udhyam Kranti Yojana are given below as follows:
- Encouraging the modern day youth to follow his or her passion in their respective line of business and be self-reliant.
- To make Madhya Pradesh one of the top 5 states in India in terms of economic development.
- We believe in offering financial assistance to the individuals like the rural and urban poor to set up business and the manufacturing units in Madhya Pradesh.
- Set up the business and manufacturing units to not only improve the production but provide the jobs to the locals in and around the establishments.
VISION OF THEMUKHYAMANTRI UDHYAM KRANTI YOJANA
To provide all the assistance to the youth of Madhya Pradesh for establishment of Small and Medium Business and Small Scale Units for the growth and development of the state. The support initiated by the government helps the youth to develop their own criteria of self-employment.
MISSION OF THE MUKHYAMANTRI UDHYAM KRANTI YOJANA
- To offer essential services to the entrepreneurs in terms of the raw materials, supply of machinery and logistic support.
- Making a difference in the lives of the young business man and the local entrepreneurs in the state.
- Change approach of the people from Job takers to Job givers.
FEATURES OF THEMUKHYAMANTRI UDHYAM KRANTI YOJANA
Let’s look and understand the amazing features of the Mukhyamanthri Udhyam Kranti Yojana given below as follows:
- This scheme was launched by the Government of Madhya Pradesh on 13th March 2021.
- This scheme drives the youth of the state to establish more and more business institutions, manufacturing units and boost the economic growth of the state.
- The moratorium on the given loan is 7 years from the date of disbursement of the loans.
- The training duration under the scheme is 12 days and the mode of training is online mode of training due to COVID.
- There is no need to provide the security on the loan provided to the people of the state under this scheme.
- The menace of poverty and unemployment can be systematically eradicated under the Mukhyamanthri Udhyam Kranti Yojana.
- The loan can be anywhere between INR 1 Lakhs to INR 50 Lakhs under this proposal and there is a subsidy of 3% of interest.
- Any person can be part of this scheme after completing 12th standard with good percentage.
- Any Private or Public sectors bank located in Madhya Pradesh or the Regional Rural Bank of the state will provide the loans to the applicants.
ELIGIBILITY CRITERIA FOR GETTING BENEFITS UNDER THEMUKHYAMANTRI UDHYAM KRANTI YOJANA
The eligibility criteria for becoming the member of the Mukhyamanthri Udhyam Kranti Yojana are given below as follows:
- The applicant must be above 20 years of age.
- The applicant must have cleared 12th standard.
- The annual income of the family must not be above INR 4 Lakhs.
- If the applicant is paying tax on a regular basis, then the concerned person must submit the Income Tax Returns on a regular basis.
- Project Report for the manufacturing unit must be made by the concerned applicant.
DOCUMENT REQUIRED FOR ENROLMENT UNDER THEMUKHYAMANTRI UDHYAM KRANTI YOJANA
The documents required for the applicant to be an integral part of the Mukhyamanthri Udhyam Kranti Yojana are given below as follows:
- Birth Certificate of the aspirant attested by the Gazetted officer.
- Aadhar Card, Driving License, Voter ID, Pan Card and Original documents of the aspirants for verification reasons.
- Income Certificate attested by the Gazetted officer.
- Nativity Certificate attested by the Gazetted officer.
- Passport and the Stamp Size photos of all the aspirants.
- No objection letter from the bank.
- Bank Passbook Xerox of the aspirant signed by the Gazetted officer.
- Official Address details like the Electricity bills and the Gas bills.
- Xerox of Aadhar Card, Pan Card, Ration card, Voter Id, and Driving License signed by the Gazetted officer.
- Caste Certificate of the aspirant attested by the Gazetted officer.
- Xerox of the marks card of the aspirant attested by the Gazetted officer.
- Property Registration documents of the aspirant under this Scheme.
PROCEDURE FOR APPLYING FOR MEMBERSHIP UNDER THE MUKHYAMANTRI UDHYAM KRANTI YOJANA
The procedures for applying for the membership under the Mukhyamanthri Udhyam Kranti Yojana are given below as follows:
- You must open the website https://samast.mponline.gov.in
- Click on the option create a new profile.
- You must enter all the necessary information like the Name, Age, Sex, Mobile Number, Aadhar Card details, and District name, Address, Email id, Caste Certificate, Married/Unmarried, Village Name, Taluk, Rural Certificate Number and others.
- You must enter the Captcha number present in the screen and then click on the submit button.
- You will have to attach the scanned copies and the documents present in the form.
- Click on the submit button.
- After 7 days the applicant will get the message if the scheme is approved or rejected.
- The applicant will get the message in his/her mobile number after 1 month.
The concept of Self Employment is doing the rounds in the coming years, as the job takers are very high in number and jobs are very low. This scheme will address the core of the problem of unemployment and poverty and make Madhya Pradesh the economic hub of India.
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