Mukhyamantri Laghu Udyog Protsahan Yojana-RASBABA

Mukhyamantri Laghu Udyog Protsahan Yojana

Mukhyamantri Laghu Udyog Protsahan(Chief Minister Small Industries Promotion Scheme)Yojana is being operated to increase self- employment in the state and to create employment opportunities at the local level.

Under this scheme, a loan of Rs 10 crore is provided through financial institutions for setting up new enterprises in the manufacturing, service and trading sectors and for expansion, modernization and diversification of existing enterprises.

In this scheme notified on December 13, 2019, 8% interest subsidy is being given on loans up to Rs 25 lakh, 6% on loans up to Rs 5 crore, 5% on loans up to Rs 10 crore.

Also, 9 percent interest subsidy will be given on loans up to Rs 25 lakh to eligible units under Rajasthan Rural Tourism Scheme.

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