- Details
- Benefits
- Eligibility
- Application Process
- Documents Required
- Frequently Asked Questions
- Sources And References
- Feedback
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Madhya Pradesh
Mukhya mantri Krishak Udyami Yojana
Bank
Farmer
Farming
Financial
Loan
Details
The Mukhya Mantri Krishak Udyami Yojana. the Department of Micro, Small & Medium Enterprises, Madhya Pradesh government gives loans up to ₹ 50,000 to ₹10,00,000 for financial assistance to the sons and daughters of farmers to establish their businesses. economically weak farmers will be able to become self-reliant by setting up their businesses and their weak economic condition will not become a hindrance to their progress.
Under this, 15% of the capital cost will be provided to the general category, and 20% of the capital cost will be provided to the BPL(Below Poverty Line) category. So that the citizens of the state will be inspired to establish their businesses. Through this scheme, the unemployment rate in the state will decline.
Benefits
For projects worth Rs 10 lakh or more:-
- For general class 15% (maximum ₹12,00,000)
- For BPL category 20% (maximum ₹18, 00, 000)
- For women entrepreneurs, a 6% and male 5% interest subsidy
- the guarantee fee will be payable at the prevailing rate for a maximum of 7 years.
For projects less than Rs 10 lakh:-
- 15% of the project cost (maximum ₹1,00,000 ) for the general category.
- BPL/ scheduled caste / scheduled 30% of the project cost (maximum ₹2,00,000) for Tribes / Other Backward Classes (except creamy layer) / Women / Minorities / Disabled.
Additional provisions-
- 30% of the project cost (maximum ₹3,00,000) to the liberated nomadic and semi-nomadic tribes.
- Bhopal Gas victim family members are eligible for an additional 20% (maximum ₹1,00,000) on the project cost.
- At the rate of 5% per annum of the capital cost for projects of ₹10,00,000 or more and at the rate of 6 % per annum for women entrepreneurs, for a maximum of 7 years. (Maximum ₹5,00,000 per annum)
- For projects less than ₹10,00,000 5% of the project cost per annum rate and 6% for women entrepreneurs At the rate of per annum, for a maximum of 7 years. (Maximum ₹ 25,000 per annum)
Eligibility
- The applicant must be a permanent resident of Madhya Pradesh.
- The age of the applicant should be between 18 to 45 years.
- Educational qualification should be a minimum of 10th class.
- The parents of the beneficiary should not have their agricultural land.
- The applicant should not be an income taxpayer.
Application Process
Online
Offline
Step 2: The homepage will appear, and you need to click on the application link for the Mukhya Mantri Krishak Udyami Yojana
Step 3: Various departments associated with the scheme will be displayed. Choose the department that interests you
Step 4: Choose the option for registration or sign-up if you are a new application. Click the submit button after entering your name, mobile number, password, and captcha code
Step 5: After submitting, you will be registered on the portal
Step 6: Now, you can log in to the portal and apply for the scheme.
Documents Required
Aadhar Card
PAN Card
Birth certificate
BPL certificate
land farming paper
Income certificate
Address proof
Passport size photo
Mobile number
10th class mark sheet
Frequently Asked Questions
What is Mukhya Mantri Krishak Udyami Yojana (MMKUY)?
Mukhya Mantri Krishak Udyami Yojana is a government scheme aimed at promoting entrepreneurship and providing financial assistance to farmers for setting up agro-based enterprises.
Who can apply for Mukhya Mantri Krishak Udyami Yojana?
Farmers who wish to start agro-based enterprises are eligible to apply for MMKUY.
How does Mukhya Mantri Krishak Udyami Yojana help farmers financially?
MMKUY provides financial assistance to farmers in the form of subsidies, loans, grants, or other incentives to help them establish their agro-based enterprises.
What is the minimum educational qualification required for the scheme?
Applicant must have passed minimum 10th class.
What will be the age criteria?
The age of the applicant should be between 18 to 40 years as of the date of application.
How does Mukhya Mantri Krishak Udyami Yojana contribute to rural development?
MMKUY contributes to rural development by empowering farmers to become self-reliant entrepreneurs, thereby creating employment opportunities and boosting the rural economy.
Which is the official website of the ukhya Mantri Krishak Udhyami Yojana ?
This is the official website for the Mukhya Mantri Krishak Udhyami Yojanain Madhya Pradesh, https://msme.mponline.gov.in/
How many times the applicant can avail of the benefits of the scheme?
The applicant will be eligible for assistance under this scheme only once.
Can i apply online?
Yes, Visit the official website using the provided link https://msme.mponline.gov.in/Portal/Services/msme2019/landing.html
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You're being redirected to an external website. By proceeding, your details will be shared with the relevant department.
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You have already submitted an application for this scheme. You may apply again only after 30 days i.e. after
It seems you have already initiated your application earlier.To know more please visit
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You need to sign in before applying for schemes
You're being redirected to an external website. By proceeding, your details will be shared with the relevant department.
Your mobile number will be shared with Jan Samarth and you will be redirected to external website.
Something went wrong. Please try again later.
You have already submitted an application for this scheme. You may apply again only after 30 days i.e. after
It seems you have already initiated your application earlier.To know more please visit
Apply Now
Check Eligibility
Madhya Pradesh
Mukhya mantri Krishak Udyami Yojana
Bank
Farmer
Farming
Financial
Loan
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The Mukhya Mantri Krishak Udyami Yojana. the Department of Micro, Small & Medium Enterprises, Madhya Pradesh government gives loans up to ₹ 50,000 to ₹10,00,000 for financial assistance to the sons and daughters of farmers to establish their businesses. economically weak farmers will be able to become self-reliant by setting up their businesses and their weak economic condition will not become a hindrance to their progress.
Under this, 15% of the capital cost will be provided to the general category, and 20% of the capital cost will be provided to the BPL(Below Poverty Line) category. So that the citizens of the state will be inspired to establish their businesses. Through this scheme, the unemployment rate in the state will decline.
Was this helpful?
Share
News and Updates
No new news and updates available