Aided by Swarozgar Yojana, beficiaries set up MSMEs

| | Bhopal | in Bhopal

Beneficiaries are being helped through Mukhya Mantri Swarozgar Yojana to set up new MSME units in the State. Financial assistance of Rs  647.58 crore has been made available to 18,722 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   1487.57 crore has been set to be distributed to 30 thousand beneficiaries under the yojana this fiscal year. An amount of Rs 110.30 crore 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  184.14 crore 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  116.99 crore in eight districts.

The benefits of Mukhya Mantri Swarozgar Yojana are provided only for setting up a new enterprise. A loan of Rs  50,000 to Rs  10 lakh is provided under the scheme. The beneficiary’s age should be between 18 years and 45 years 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 per cent 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 per cent or maximum Rs   one lakh margin money. Additional margin money of 30 per cent or maximum Rs  3 lakh of the project is given to the beneficiaries of Denotified Nomadic and Semi-nomadic Tribes.