18,000 beneficiaries benefit from Mukhya Mantri Swarozgar Yojana

Bhopal. Beneficiaries are being helped through Mukhya Mantri Swarozgar Yojana to set up new MSME units in the state. Financial assistance of Rs 647 crore 58 lakh has been made available to 18 thousand 722 beneficiaries in this fiscal year.

Minister of State (Independent Charge) Micro, Small and Medium Enterprises Sanjay-Satyendra Pathak told that this year target of Rs 1487 crore 57 lakh has been set to be distributed to 30 thousand beneficiaries under the yojana this fiscal year. An amount of Rs 110 crore 30 lakh 99 thousand has been approved in 26 thousand 441 cases so far. In the remaining 7,729 cases the approved loan amount will be made available to the beneficiaries soon.

MoS Pathak told that Rs 184 crore 14 lakh 66 thousand loan has been made available to 4037 beneficiaries in 8 districts in Indore division under the Yojana. At the division level, this number is the most. In Jabalpur division, 2953 beneficiaries have been provided loans of maximum Rs 116 crore 99 lakh 99 thousand in 8 districts.

Eligibility for Yojana and provisions of financial assistance - The benefits of Mukhya Mantri Swarozgar Yojana are provided only for setting up a new enterprise. A loan of Rs 50 thousand to Rs 10 lakhs is provided under the scheme. The beneficiary’s age should be between 18 and 45 and should have passed Class V. There is no income limit for the beneficiary. The applicant’s family should not be an Income tax payee with an enterprise/business establishment. Margin money for the project cost of 15 percent maximum Rs one lakh is given for general category and 30 percent maximum Rs 2 lakh to the BPL/Scheduled Caste/Scheduled Tribe/Other Backward Class (except creamy layer) women/minority/handicapped beneficiary. The members of Bhopal gas affected families are eligible for additional 20 percent or maximum Rs one lakh margin money. Additional margin money of 30 percent or maximum Rs 3 lakhs of the project is given to the beneficiaries of Denotified Nomadic and Semi-nomadic Tribes.