Mukhyamantri Yuwa Swarojgar Yojna

Mukhyamantri Yuwa Swarojgar Yojna

India is a worldwide growing economy there is a drastic and extremely high developmental is going on with a massive sprinting pace. The most remarkable development is in the industrial investments, the government of India is reluctantly emerging with new schemes and policies in setting up small scale industries. These small scale industries are small units that can be started with medium scale investments, this means production can begin with minimal investment.

The goods and services produced by these industries are also in small scale the government of India has initiated Mukhyamantri Yuwa Swarojgar Yojna (2019), this scheme is inaugurated for the increasing menace of the unemployment in the states. This enables the unemployed youth to start self-employment and promote business.

Any youngster willing to avail up through this scheme can get a grant of a loon. The least amount of the loan will be 50 thousand and will exceed up to 10 lakh rupees. The remarkable feature of this scheme is the loan is granted without any guarantee or surety.

This scheme is given by the state government on subsidy along with the loan. Not only this it further renders training to the youth who has been registered in the yojana.

The former chief minister of Madhya Pradesh brought up this outstanding and striking plan of action for the eradication of unemployment by creating new possibilities.

As a striking feature, there is a provision for the subsidy of Rs 1 lakh for the youngsters belonging to the general category under the scheme.

The repaying duration of the loan will be 7 years. There is no requirement of any kind of guarantee for the purpose of taking the loan.

Another benefit and advantage of this scheme are that a subsidy of Rs 2 lakh will be provided to the applicants coming from below the poverty line this includes scheduled castes (s.c) (s.t), tribes, women, etc.

The documents required for the registration:- documents required for the registration of Mukhyamantri Yuwa Swarojgar Yojna are.

1. Aadhar card
2. Birth certificate or 10th mark sheet
3. Educational qualification certificate 10th,12th, graduation, engineering degree, etc.
4. Domicile certificate
5. Passport size photograph
6. Disabled certificate issued by any competent authority if you have.
7. Karyanam
8. Income certificate

The government of the state is working for the advantage of the youth regarding the menace of unemployment and to tackle this melady. This scheme can change the present scenario of the dearth of unemployment. The forwarded to more and more youth so that they can get aid for this gainful scheme.