MP CM launches scheme to give loans up to ₹50 lakh for self-employment

Madhya Pradesh CM Shivraj Singh Chouhan on Tuesday launched the 'Udyam Kranti Yojana' in order to facilitate self-employment for the youth. Under the scheme, a loan guarantee of ₹1 lakh to ₹50 lakh will be provided with subsidies on interest rate for self-employment. Around one lakh youth are expected to benefit from the scheme in the financial year 2022-23.