Chief Minister Enterprise Revolution Scheme 2023

Madhya Pradesh Chief Minister Udyam Kranti Yojana Features :-
Objective of the scheme:- The intention of Madhya Pradesh government behind starting this scheme is to help unemployed youth and women in starting self-employment. Also, self-employment can be promoted.
Benefits in the scheme: - Under this scheme, the government will help unemployed youth and women in taking loan from the bank to start self-employment, and they will also get interest subsidy.
Loan and Interest:- Under this scheme, the government will provide loans with bank guarantee for up to 7 years, and they will also be provided interest subsidy at the rate of 3%.
Loan amount:- Loan under this scheme will be given only to those who are going to start their new business. And also let us tell you that people who are working in the manufacturing sector will get loans ranging from Rs 1 lakh to Rs 50 lakh from the government, and those who want to work in the service sector will get loans ranging from Rs 1 lakh to Rs 25 lakh. The government will give the loan with bank guarantee.
Banks included:- Banks included in this are – Bank of India, Central Bank of India, Bank of Baroda, Bank of Maharashtra, Union Bank, Indian Overseas Bank, Punjab National Bank, Indian Bank, ICICI Bank, Federal Bank, Dhanlaxmi Bank, UCO Bank, South Indian Bank, Yes Bank, Canara Bank, Axis Bank, IDBI Bank, Karur Vyasya Bank, HDFC Bank, Bandhan Bank, State Bank of India, Punjab and Sindh Bank etc.
Beneficiaries of the scheme:- The beneficiaries participating in this scheme will be unemployed youth and those women who are willing to start self-employment and become an enterprise themselves.
Invitation to industrialists:- To help in providing self-employment opportunities to the beneficiaries, the government has announced to start a job fair. In which various industrialists will also be invited to invest.

Chief Minister Udyam Kranti Yojana Eligibility Criteria :-
Resident of Madhya Pradesh:- The beneficiary of this scheme should be a resident of Madhya Pradesh, migrants from Madhya Pradesh living in other states can also get its benefit if they come back to their state.
Unemployed Youth:- In this scheme, the benefit of help in bank loan and interest subsidy will be given to those unemployed youth. Who are willing to start self-employment.
Age Limit:- The age of the unemployed in this scheme should be between 18 to 40 years.
Mothers and Sisters:- At the time of announcement of this scheme, the Chief Minister had said that the beneficiaries of this scheme can also be women, who are willing to start self-employment.
Educational Qualification:- The beneficiary of this scheme should be at least 12th pass, only then they will be able to get loan from the bank.
Family Income:- The annual income of the beneficiary's family should be maximum Rs 12 lakh, people above this will not be given this benefit.
Bank account holders:- Only those who have a bank account in their name can get the benefit of this scheme. This will make it easier for them to get a loan.

Chief Minister Udyam Kranti Yojana Documents :-
Beneficiaries may require the following documents to connect with this scheme –

Proof of being a local resident:- It is necessary for the beneficiary to have a certificate of him being a resident of Madhya Pradesh.
Identity Certificate:- Identity of the beneficiary is most important. For this they should have their ID proof. Aadhar Card, Voter ID Card or any other identity certificate can be used as ID proof.
Bank account holder:- In this scheme, it may also be necessary for the beneficiary to have the passbook of his bank account during the application.
Income Tax Statement:- Individuals who pay tax will have to provide a copy of their income tax statement for the last 3 years.

Chief Minister Udyam Kranti Yojana Application Form (Mukhyamantri Udyam Kranti Yojana Apply) :-
Like other states, the facility to apply online for such schemes will also be provided in Madhya Pradesh. The official website can be used to get the application form in this scheme. In this the application form of this scheme has been released. By filling which the applicant will join this scheme and will be able to avail its benefits by applying.

Chief Minister Udyam Kranti Yojana Online Registration :-
First of all, those unemployed youth who want to start their new business will have to go to the link of the official website of the scheme.
When they reach the homepage of this scheme, they will see the link of Apply Here, they have to click on it.
After this, they have to create their new profile by going to Create New Profile and filling all the information.
When their new profile is created, they will have to enter the mobile number they have registered in it. And then after entering your date of birth you will have to continue.
After this, they will see the option of link of the scheme, click on it and then the application form will open in front of them.
After filling it and attaching all the necessary documents, the beneficiary's application will be completed.

Check Chief Minister Udyam Kranti Yojana Status (Check Status):-
To check the status, you will have to log in to the official website of the scheme.
Then you will get the option to check the status of the application in the scheme. By clicking on it you can check what is the status of the application.
Let us tell you that to check the status, you will need your reference number which you receive during the application.

FAQ
Q: What is Madhya Pradesh Chief Minister Udyam Kranti Yojana?
Ans: This scheme has been started to help unemployed youth to start self-employment.

Q: What are the benefits of Madhya Pradesh Chief Minister Udyam Kranti Yojana?
Ans: Under this, there will be help in getting bank loan and interest subsidy will also be received.

Q: Who can take advantage of Madhya Pradesh Chief Minister Udyam Kranti Yojana?
Ans: Unemployed youth and entrepreneurial women

Q: How to get the benefit of Madhya Pradesh Chief Minister Udyam Kranti Yojana?
Ans: By applying online.

Q: How to apply for Madhya Pradesh Chief Minister Udyam Kranti Yojana?
Ans: The application form will be released soon in its official website.