CM Udyam Kranti Yojana 2025: The government creates and implements many types of schemes for the youth of the country so that the future of the youth can be bright, in such a situation, the government gives loans to the youth under various schemes to start their own employment so that they can start some business for themselves, one such scheme is being run by the main Madhya Pradesh which is called CM Udyam Kranti Yojana 2025 scheme.
In this scheme, youth are given loans ranging from Rs 1 lakh to Rs 25 lakh to start their own employment, along with this, a subsidy of three percent is also given in it, in this, loans are given to eligible youth by the Department of Micro, Small and Medium Enterprises, let us know all the information about it in detail
What is CM Udyam Kranti Yojana 2025?
This scheme is a scheme of the Madhya Pradesh government in which youth are given a loan of Rs 1 lakh to 25 lakh to start their own business, in which margin money of 20 to 25% has to be deposited, while you also have to pay some interest rate in it. This loan is given to you for a period of 84 months in which you have to repay this loan.
Benefits of the scheme
- CM Udyam Kranti Yojana 2025 benefits the youth so that they can start their own employment.
- Under this scheme a period of 84 months is given to repay the loan so that the loan can be repaid easily.
- In this scheme, youth are given a loan of up to Rs 25 lakh in which the government gives three percent interest subsidy.
- There is no need for any kind of guarantee in this.
- In this, you get a loan of up to ₹ 50 lakh to start a manufacturing unit, while to start your own business, you get a loan of up to Rs 25 lakh.
Eligibility
- To apply in CM Udyam Kranti Yojana 2025, eighth pass candidates can apply.
- The age of the applicant should be between 18 to 45 years.
- To take advantage of this scheme, the annual income of the family should be less than ₹ 1200000.
- In this scheme, information of income tax details of 3 years will have to be given.
- In this scheme, those applicants who are already taking advantage of the self-employment scheme of the Central Government will not get the benefit of this scheme.
- Residents of Madhya Pradesh can apply in this scheme.
- By taking advantage of this scheme, the youth of Madhya Pradesh will be able to generate new employment opportunities for themselves.
Documents required for the scheme
To apply in CM Udyam Kranti Yojana 2025, you will need these documents – Aadhar Card ,PAN Card ,Residence Certificate, Bank Passbook, Bank Statement ,Mobile Number ,Passport Size Photo ,ITR Return ,Self-Employment Project Report etc.
