Correct Answer : Madhya Pradesh
Chief Minister of Madhya Pradesh, Shivraj Singh Chouhan"" will launch the Udyam Kranti Yojana. According to officials, the MP Mukhyamantri Udyam Kranti plan was announced for the first time in November 2021, as per the MSME department’s gazette announcement, but it was never executed. Loans ranging from Rs. 1 lakh to Rs. 50 lakh would be offered to youth under this scheme for self-employment.
IMPORTANT POINTS :
* The scheme’s unique feature is that the state government would provide a 3% interest subsidy as well as a bank guarantee.
* Udyam Kranti Yojana will be launched by Chief Minister Shivraj Singh Chouhan on Tuesday(5th Apr 2022). According to officials, the MP Mukhyamantri Udyam Kranti plan was first introduced in November 2021, as per the MSME department’s gazette announcement, but it was never implemented.
* Young people will be able to apply for loans ranging from Rs. 1 lakh to Rs. 50 lakh under this plan. The proposal is unique in that the state government will provide a 3% interest subsidy in addition to a bank guarantee.
