State Schemes for MSMEs

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Scheme Name: Set up food processing units of rural youth

State: Madhya Pradesh

Description of the Scheme: Rural entrepreneurs can set up a primary processing unit at a cost of up to Rs.25 lakh. Set up small scale mills to process rice, pulses, millets and dehydration units for onions and garlic, manufacturing of onion and garlic paste, soya milk and tomato puree, among others.

Target group :

Sector of the Scheme:

Eligibility Criteria: Anyone who is older than 18 years and has cleared secondary board exams.

Nature & Mode of Assistance: Cost of project up to Rs.25 lakh, of which they will receive 40% as a subsidy while the rest will be financed by bank loans

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Visiting state officers from NRLM/MSME-DI or DIC of the concern district.

Whom to Contact: Panchayat & Rural Development Deprtment, Bhopal, MP
Phone: 0755-2557727
Email: dirpanchayat@mp.gov.in

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