About this agriculture scheme
The objective of this scheme is to provide financial assistance to the sons and daughters of farmers to establish their businesses. the government of Madhya Pradesh provided loans to the bank for all citizens of the state.
The Mukhya Mantri Krishak Udyami Yojana. the Department of Micro, Small & Medium Enterprises, Madhya Pradesh government gives loans up to Rs. 50,000 to Rs. 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 at a glance
| Scheme name | Mukhya mantri Krishak Udyami Yojana (MMKUY) |
|---|---|
| Launched by | Micro, Small & Medium Enterprises Department |
| Launch year | 2017 |
| Benefit type | Cash (money paid to your bank account) |
| Category | Agriculture |
| Level / State | State ยท Madhya Pradesh |
| Official portal | msme.mponline.gov.in (link at the end of this page) |
Key facts
| Implementing agency | Directorate Of Industries |
|---|---|
| Scheme for | Individual |
| Application mode | Online / Offline |
| Last date | Ongoing (no last date notified) |
| DBT (direct bank transfer) | Yes |
Who can apply (quick check)
- ๐คAll genders
- ๐Age 18 to 45 years
- ๐ท๏ธGeneral
- ๐BPL only
- ๐Online / Offline
Quick check from official data. Full conditions are in the Eligibility section.
What you receive
For projects worth Rs. 10 lakh or more:-
- For general class 15% (maximum Rs. 12,00,000)
- For BPL category 20% (maximum Rs. 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 Rs. 1,00,000 ) for the general category.
- BPL/ scheduled caste / scheduled 30% of the project cost (maximum Rs. 2,00,000) for Tribes / Other Backward Classes (except creamy layer) / Women / Minorities / Disabled.
Additional provisions-
- 30% of the project cost (maximum Rs. 3,00,000) to the liberated nomadic and semi-nomadic tribes.
- Bhopal Gas victim family members are eligible for an additional 20% (maximum Rs. 1,00,000) on the project cost.
- At the rate of 5% per annum of the capital cost for projects of Rs. 10,00,000 or more and at the rate of 6 % per annum for women entrepreneurs, for a maximum of 7 years. (Maximum Rs. 5,00,000 per annum)
- For projects less than Rs. 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 Rs. 25,000 per annum)
Who qualifies
- 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.
Who is not eligible
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Papers to keep ready
Aadhar Card
PAN Card
Birth certificate
BPL certificate
land farming paper
Income certificate
Address proof
Passport size photo
Mobile number
10th class mark sheet
Registration walkthrough
Online
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 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.
Offline
Step 1 The Applicant can apply for the Madhya Pradesh Mukhya Mantri Krishak Udyami Yojana by Filling Offline Application Form.
Step 2: Offline application form is available at the Farmer Welfare Department /District Trade and Industry Centre Office.
Step 3: Take the application Form, Fill it Correctly,
Step 4:Attach all the required documents with the application form.
submit the Madhya Pradesh Mukhya Mantri Krishna Udyami Yojana Offline Application Form along with all documents to the Department of Farmer Welfare/District Trade and Industry Centre.
Step 5:Received Application Forms along with the documents will be verified by the Department Officers.
Step 6: After the verification, the applicant will start getting the benefits of the Scheme.
Important dates
| Launch / start | 16 Nov 2017 |
|---|
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
Submit your application yourself on the official portal; it costs nothing. Treat anyone demanding money to "get you approved" as a scam.
- Guidelines mpmsme.gov.in (PDF)
- Clarification mpmsme.gov.in (PDF)
- Amendment1 mpmsme.gov.in (PDF)
- Amendment 2 mpmsme.gov.in (PDF)
- Documents mpmsme.gov.in (PDF)
tsmpb.in is not affiliated with any government department. Apply only on the official portal and never pay anyone for an application.
