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Mukhya Mantri Udyam Kranti Yojana--- Madhya Pradesh

Published on November 19, 2021
Current Context: The government of Madhya Pradesh has launched ‘Mukhya Mantri Udyam Kranti Yojana’.
Mukhya Mantri Udyam Kranti Yojana--- Madhya Pradesh
  • The scheme was approved by the cabinet chaired by CM Shivraj Singh Chouhan.
  • The scheme aims to connect the state’s educated youth community to self-employment.
  • The scheme was launched for the youth with a minimum qualification of 12th pass to the age between 18 to 40 years.
  • Under this, the youth can set up industries, businesses by availing loans with low-interest rates from banks.
  • The projects between Rs 1 lakh to Rs 50 lakh in manufacturing units and Rs 1 lakhs to Rs 25 lakhs in service units or the retail sector can avail the benefit of the scheme.
  • There is no need for any collateral security under the scheme to avail of the loan.
  • Static Part: 
    • Governor of MP: Mangubhai C Patel

Question: 

Q.1 Which state launched ‘Mukhya Mantri Udyam Kranti Yojana’?
a. Gujarat
b. Madhya Pradesh
c. Maharashtra
d. Sikkim
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