CURRENT AFFAIRS

Detailed explanation-1: -Bhopal: Chief minister Shivraj Singh Chouhan will launch Mukhyamantri Udyam Kranti Yojana on April 5. The ambitious scheme, giving an opportunity to start their own business, will be launched at .

Detailed explanation-2: -Abhishek Mishra. Explanation: Madhya Pradesh Chief Minister Shivraj Singh Chouhan launched ‘Udyam Kranti Yojana’. Madhya Pradesh, a large state in central India, retains landmarks from eras throughout Indian history.

Detailed explanation-3: -Interest subsidy at the rate of three percent per annum and loan guarantee fee will be given to the beneficiary at the prevailing rate for a maximum of 7 years on the loan disbursed by the state government as financial assistance. The implementation of this scheme will be done through an online portal.

Detailed explanation-4: -Eligibility. Age 18-40 years, educational qualification – min 12th pass, Income limit – family income of max Rs. 12 lacs p.a. This scheme is applicable for Madhya Pradesh only. Udyam Registration Certificate is mandatory.