Entrepreneurship Development in Madhya Pradesh through Self Employment Scheme – Department of Micro, Small and Medium Enterprises , Government of Madhya Pradesh
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Self Employment Schemes
Nomination
- Presence of high rate of unemployment.
- Limited scope of credit to the youth having weak financial background.
- Heavy repayment & interest burden for new/first generation entrepreneurs.
- 19.5% of the young population requires self employment schemes.
Achievements
- Implementation of Udyam Kranti Yojana to provide collateral free loans with reduced cost of credit.
- Provision of Interest subvention & loan guarantee fee at prevailing rates.
- Launched various other schemes such as Yuva Udyami & Swarozgar Yojana.
- Provision of various benefits such as self certification & compliance, tax exemptions, financial and patents etc
SKOCH Award Nominee
Category: Other – State Department
Sub-Category: secOther – State Department
Project: Entrepreneurship Development in Madhya Pradesh through Self Employment Scheme
Start Date: 2020-01-01
Organisation: Department of Micro, Small and Medium Enterprises , Government of Madhya Pradesh
Respondent: Mr P Narahari, Secretary & Industries Commissioner
https://mpmsme.gov.in/
Level: Executive Plus
See Presentation
For more information, please contact:
Mr P Narahari, Secretary & Industries Commissioner at adimsme@mp.gov.in
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