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MP Chief Minister Self Employment Scheme

Objective:

To provide financial assistance to individuals for establishment of their own new enterprises, Department of Commerce, Industry and Tourism under the Madhya Pradesh Government has launched Chief Minister Self Employment Scheme. The provisions of this scheme will remain same for various departments.

Eligibility:

  1. Age:                                                    18 – 45 years
  2. Educational Qualifications:             Minimum 5th class pass (on the basis of Self attestation)
  3. Income Limit:                                   No Restrictions

Financial Assistance:

  • Margin money assistance:
    • For General category, 15% of capital cost of project but Rs. 01 lacs maximum.
    • For BPL/SC/ST/OBC (other than creamy layer)/Woman/Minority/Disabled person, 30% of capital cost of project but Rs. 02 lacs maximum.
  • Interest Subsidy:
    • 5% annually on capital amount, maximum for 7 years and maximum Rs. 25,000 per year.
  • Guarantee Fee (CGT):
    • At the prevailing rates, maximum for 7 years.

For more information: Click here

About Shubham

One comment

  1. Dear mr/ms, i am vijay kumar (I’ve a OH disability of 70% certificate issued by govt of india) belongs to village bandipur post muradnagar distt ghaziabad up 201206 India. I’ve completed my B Tech mechanical engineering with automobile. And i am expert in CADD designing, automobile modeling, body designing drafting, and also have more than three years work experience at #M.R. Hyundai motors india as a mechanical engineer. Now i want to get my indian cars to the next level by using my knowledge of technical skills, designing aerodynamics bodies of vehicles improving performance, fuel efficiency. Also i am looking for designing and producing an electric car with advanced features all these required a sufficient amount of investment. I’ve some amount and required little more about 1 lakh .I’ve a complete team of 5 members. This project also helps to poverty peoples to survive by using the skills like tailoring, making small components etc.

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