Mukhyamantri Yuva Annadoot Yojana

About This Scheme

The scheme “Mukhyamantri Yuva Annadoot Yojana” was launched by the Department of Food, Civil Supplies and Consumer Protection, Government of Madhya Pradesh. The scheme aims to provide unemployed youth/women with employment opportunities under the Micro, Small and Medium Enterprises scheme by making vehicles available for lifting and transporting food grains from the Madhya Pradesh State Civil Supplies Corporation center to fair price shops, thereby enabling them to be self-reliant for 7 years. The scheme provides benefits including an interest subsidy/grant for 7 years and a maximum refund of the Credit Guarantee Fund Trust for Micro and Small Enterprises fee of up to ₹1,25,000/-. The applications for this scheme are accepted online at the Samagra Portal or through the MP Online Kiosk Center.

Eligibility

- The applicant must be a native resident of the rural or urban local body of the concerned district of Madhya Pradesh. - The applicant must be aged between 18 and 45 years. - The applicant must have passed the 8th standard in educational qualification. - The applicant must possess a Heavy Motor Vehicle driving license to operate the vehicle. - The applicant must have clearance from the bank for obtaining the loan (defaulter status must be 'No'). - The applicant must not be a Government servant or pensioner. - The applicant must not have annual family income exceeding ₹12,00,000/-. - The applicant must not be involved in any criminal activity or have a criminal background. - The applicant must not be currently benefiting from any other self-employment scheme.

Benefits

- Interest Subsidy/Grant: A 3% interest subsidy/grant is provided for 7 years.- CGTMSE Fee Refund: A maximum refund of the Credit Guarantee Fund Trust for Micro and Small Enterprises fee of up to ₹1,25,000/- is provided.- Maximum Vehicle Cost Covered: The scheme supports the purchase of vehicles with an approximate cost of up to ₹25,00,000/-.- Payment for Transportation: Payment for the transportation of food grains and handling expenses is provided as per the fixed rate for the sector. ##### *Disbursement* - Mode of Payment: The payment for transportation of food grains and handling expenses for the sector will be paid directly into the bank account of the beneficiary monthly by the Madhya Pradesh State Civil Supplies Corporation.- Penalty Provision: If the food grain is not transported on time to the designated fair price shop, 33% of the total monthly transport rent/fare on the concerned fair price shop may be deducted from the beneficiary's transport rent/fare. This penalty deduction will only occur after a hearing has been granted by the designated Supply Officer/Collector. ##### *Conditions* - The beneficiary must ensure the purchase of a vehicle within the capacity range of 7.5 Metric Tons (+/- 10%). - The beneficiary must utilize the vehicle for lifting and transporting allocated food grains from the Madhya Pradesh State Civil Supplies Corporation center to the fair price shops for 7 years. - The beneficiary must obtain a bank loan, as the Central Bank of India is designated to provide the loan for vehicle purchase.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.