Madhya Pradesh govt to launch self-employment friendly scheme tomorrow

Bhopal, April 4 (KNN) The Madhya Pradesh government will introduce the self-employment friendly scheme on April 5, 2022. 

Young entrepreneurs who are planning to start their own businesses will be provided with loans ranging from Rs 1 lakh to Rs 50 lakh.

The state government will also provide 3 per cent interest subsidy along with bank guarantee.

It will be launched by Chief Minister Shivaraj Singh Chouhan and the scheme will be called Mukhyamantri Udyam Kranti Yojana which aims to provide opportunity to start their own business. 

As per the insights received from Chief Minister Chouhan, the scheme has been made self-employment friendly, said P Narahari, Commissioner Industries and MSME.

The launch event will take place at Kushabhau Thackeray International Convention Centre in Bhopal. (KNN Bureau)