MP Chief Minister Economic Welfare Scheme

Objective:

Department of Commerce, Industry and Tourism under the Madhya Pradesh Government will provide low cost equipment and/or working capital to most poor class of society by launching Chief Minister Economic Welfare Scheme. The benefits of this scheme will be given only for establishment of new enterprises.

Eligibility:

1. Age:                                                      18 – 45 years
2. Educational Qualifications:                 No Restrictions
3. Income Category:                               B.P.L (Barbers, Street Vendors, Cycle Rickshaw Drivers, Hand lorry drivers,                                                                 potters and etc.)

Financial Assistance:

• Margin money:                      50% of project cost
• Assistance:                             Rs.10,000 maximum

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