- 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
a. Gujarat
b. Madhya Pradesh
c. Maharashtra
d. Sikkim
