Mukhya Mantri Krishak Udyami Yojana: ₹50,000–₹10L Loans — Frequently Asked Questions

The base support is a loan of ₹50,000 to ₹10 lakh. On top of that comes a capital cost subsidy — 15% of project cost up to ₹12 lakh for the general category and 20% up to ₹18 lakh for BPL applicants — along with an interest subsidy of 5% a year for men and 6% a year for women for up to 7 years. The guarantee fee on the loan is also covered.

You must hold permanent residency in Madhya Pradesh, be between 18 and 45 years of age, and have passed at least 10th class. Your parents should not own agricultural land, and you should not be paying income tax. All of these conditions apply together.

No. The scheme is described as rolling or always open, which means there is no closing date. You can apply whenever your business plan is ready, either through the online MSME portal or by submitting the offline form.

No. This is a debt scheme, so the assistance is a loan that is repaid. The loan, along with the subsidy components, is designed to reduce the cost of setting up the business rather than to give the government an ownership stake in it.

Yes. For projects costing under ₹10 lakh, the general category gets 15% of capital cost up to ₹1 lakh, while BPL, Scheduled Caste, Scheduled Tribe, Other Backward Class, women, minority and disabled applicants get 30% up to ₹2 lakh. Women also receive a higher interest subsidy of 6% a year instead of 5%.

There are. Liberated nomadic and semi-nomadic tribes can receive an additional 30% of capital cost, capped at ₹3 lakh. Families of Bhopal Gas victims can receive an additional 20%, capped at ₹1 lakh.

Both run for a maximum of 7 years. For projects above ₹10 lakh the interest subsidy is capped at ₹5 lakh per annum, and for projects below ₹10 lakh the cap is ₹25,000 per annum.

The scheme does not publish a list of restricted industries. Its stated aim is to help beneficiaries establish their own business, generally at micro, small or medium enterprise scale, in a way that supports self-reliance and creates employment.

Go to the official MSME Madhya Pradesh portal and open the application link for the Mukhya Mantri Krishak Udyami Yojana. Choose the department that matches your business interest, then register as a new applicant by entering your name, mobile number, password and the captcha code. Once registration is complete, log in with those credentials and fill in and submit the application form.

Yes. Download the offline application form or collect it from the Farmer Welfare Department or the District Trade and Industry Centre office. Fill it in completely, attach the supporting documents that are required, and submit the set to the Department of Farmer Welfare or the District Trade and Industry Centre. Officers will verify the form and documents, and after successful verification you can begin receiving the scheme's benefits.

The eligibility conditions published for this scheme do not include DPIIT recognition or Udyam/MSME registration as a requirement. The criteria that are spelled out are residency in Madhya Pradesh, age, education, the parents' land ownership position and the applicant's income-tax status.

Mukhya Mantri Krishak Udyami Yojana: ₹50,000–₹10L Loans is offered by Department of MSME, Government of Madhya Pradesh, a government body. It is provided as non-dilutive funding.