The Mukhyamantri Udyam Kranti Yojana is a Madhya Pradesh sponsored scheme implemented by the Department of Micro, Small and Medium Enterprises. Under this scheme, collateral free loans ranging from INR 1,00,000 to INR 50,00,000 is offered to the youth of Madhya Pradesh for setting up manufacturing units and enterprises for the service sector at 3% interest subsidy rate for 7 years.
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