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“Mukhyamantri Yuva Swarozgar Yojana”
(MMYSY) scheme has been implemented by the Govt. of
M.P. from 1st April, 2013.
Objective : To promote Enterpreneurship in M.P. It
helps youth to start their own enterprise. The state
govt. provides bank guarantee and loan subsidy to
beneficiaries. The implementing agency of the scheme
is Panchayat and Rural Development Department for
rural areas and Department of Commerce, Industries
and Employments for urban areas. Two categories of
financial assistance are there- Rs. 50,000 and Rs. 25,00,000.