Chief Minister Economic Welfare Scheme

The project cost under this scheme will be up to a maximum of 50 thousand.
Margin money assistance on project cost under 50% of the maximum amount of Rs. 15 thousand, whichever is less.
Under this scheme, it will be for the industry, service and business sector.
The guarantee for the industry and service related entity will be given through the Credit Guarantee Fund Scheme (Credit Guarantee Trust for Micro and Small Enterprises).
The applicant should not be a defaulter of any nationalized bank, financial institution, cooperative bank.

Beneficiary:

If you are a native of Madhya Pradesh, belong to Scheduled Caste category, the age limit is between 18 to 55 years, such unemployed, literate, untapped and BPL category can avail this scheme.

Benefits:

Margin money / grant-in-aid to 50% of the maximum amount of Rs.15 thousand.