Mukhya Mantri Yuva Udyami Yojana

> Financial assistance:

> Margin money assistance

• 15% of the capital cost of the project for the general category. (Maximum ₹ 12,00,000.)

• 20% of the capital cost of the project for BPL (Maximum ₹ 18,00,000)

> Interest subsidy

• At the rate of 5% per annum on the capital cost of the project and at the rate of 6% per annum for women entrepreneurs, for a maximum of 7 years. (Maximum Rs 5,00,000 lakh per year)
• The guarantee fee will be paid at the current rate for up to 7 years.

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• The applicant should be a permanent resident of Madhya Pradesh.
• The applicant should have passed Class 10th.
• The applicant’s age should be between 18 to 40 years.
• The benefit of this scheme can be availed only once.

Step 1: Visit the official website using the provided link

Step 2: The homepage will appear, and you need to click on the application link for the Mukhya Mantri Yuva 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.

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Step 1: Complete the application form available on the mpmsme.gov.in online portal or

Step 2: Attach all the required supporting documents as specified in the form

Step 3: Apply for the District Trade and Industry Center

Step 4: Once received, all applications will be registered

Step 5: Within 15 days, the applicant will be informed about the status of their application, whether it is complete or incomplete

Step 6: The applicant should also prepare a General Project Report (GPR) for the proposed activity and include it with the application.

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