Mukhya Mantri Swarojgar Yojna

Regarding setting up own enterprise to educated unemployed.

Beneficiary:

"(Eligibility to set up industry, service and business enterprises) 1. Be a native of Madhya Pradesh. 2. Minimum 5th class passed. 3. Age should be between 18 to 45 years on the application date. 4. Any nationalized bank / Financial institution / co-operative bank should not be a defaulter. 5. If a person is getting assistance under any government entrepreneur / self employment scheme, then he will not be eligible for this scheme. 50 thousand to 9.99 lakh} will be eligible under the scheme. "

Benefits:

"Margin Money / Interest Subsidy / Guarantee Fee on Capital Employment. Margin money is 15 percent for general category (male) and 30 percent and 5 percent interest subsidy (7 years) to other category".