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Madhya Pradeshbusiness-entrepreneurship

Chief Minister Rural Path Vendor Loan Scheme

"Chief Minister Rural Path Vendor Loan Scheme" by the Panchayat and Rural Development Department, Government of Madhya Pradesh provides working capital assistance of up to ₹10,000, promotes regular loan repayment, and trains entrepreneurs in business practices. The scheme targets small traders.

Ministry / Department
Panchayat and Rural Development Department
Level
State
Benefit type
cash
Last verified: Recently

What is Chief Minister Rural Path Vendor Loan Scheme?

"Chief Minister Rural Path Vendor Loan Scheme" by the Panchayat and Rural Development Department, Government of Madhya Pradesh provides working capital assistance of up to ₹10,000, promotes regular loan repayment, and trains entrepreneurs in business practices. The scheme targets small traders.

Benefit
- Low-cost equipment or working capital is made available to poor migrant workers/ small traders of rural areas of the state in the form of loans through banks. - Entrepreneurship Development Training is to be provided to rural migrant workers through the "Self Employment Training Institute (RSET)" for setting up new businesses. - After training, an **Interest-free loan of ₹10,000/-** is provided by banks for setting up the business.
Level
State — Madhya Pradesh
Ministry / Dept.
Panchayat and Rural Development Department
Benefit type
cash
Key eligibility
1. The applicant should be a resident of Madhya Pradesh. 1. The applicant should be a resident of a rural area. 1. The applicant should be a small trader or vendor from the rural poor class. 1. The applicant should not have defaulted on any prior government loans.
Last verified
Recently

Benefits

- Low-cost equipment or working capital is made available to poor migrant workers/ small traders of rural areas of the state in the form of loans through banks. - Entrepreneurship Development Training is to be provided to rural migrant workers through the "Self Employment Training Institute (RSET)" for setting up new businesses. - After training, an **Interest-free loan of ₹10,000/-** is provided by banks for setting up the business.

Eligibility

1. The applicant should be a resident of Madhya Pradesh. 1. The applicant should be a resident of a rural area. 1. The applicant should be a small trader or vendor from the rural poor class. 1. The applicant should not have defaulted on any prior government loans.Area: Madhya PradeshBenefit: cash

Documents Required

    How to Apply

    1. Step 1: Online application — step 1

      Step 1: Visit the Street Vendor Portal and click "Register".

    2. Step 2: Online application — step 2

      Step 2: Verify your mobile number via OTP. Then select the "Rural Path Vendor" option.

    3. Step 3: Online application — step 3

      Step 3: Verify your Aadhaar number by providing the OTP received on your Aadhaar-linked mobile number. (If your mobile number is not linked to Aadhaar, visit a kiosk for biometric verification). You will be taken to the online application page.

    4. Step 4: Online application — step 4

      Step 4: In the online application form, fill in all the mandatory fields and upload all the mandatory documents in the specified format and size. Carefully review all the information. Make any necessary corrections.

    5. Step 5: Online application — step 5

      Step 5: Click the "Submit" or "Apply" button to submit your application. You'll receive a confirmation message on SMS.

    Sources & References

    Ready to apply?

    Applications are accepted only on the official government portal.

    Open Official Website