Mukhyamantri Mahila Utkarsh Yojana @mmuy.gujarat.gov.in

Promotion Company Ltd. (GLPC) and in urban areas by Gujarat Urban Development Mission (GULM). The main objective of this scheme is to create 1 lakh Joint Liability Earnings and Savings Group (JLESG) and make 10 lakh women self reliant by encouraging joint economic activity through these groups

The purpose of the scheme

• Involve women in the Joint Liability Earnings and Savings Group (JLESG).
• Through Government Banks, Private Banks, Co-operative Banks and Lending Institutions, Rs. 1.00 lakh lending.
• Provide self employment and livelihood through lending.

Target Beneficiary

• 10 women who want to get credit.
• Women should be 18 to 59 years old
• Priority to widowed abandoned sisters.
• Existing group whose loan is not outstanding.
• Target: 1 lakh groups, 1 million women and 5 million family members
• Of these, 50,000 groups in rural areas and 50,000 groups in urban areas.

Total budget :

• Rs. 168.00 crore.

Financial support to women’s groups

• Women’s groups: 1 lakh
• Women group members: 10 lakh
• Assistance Standard: Rs. Interest Assistance up to Rs.
• Loan amount: Rs. 1 lakh
• Interest: As per 12%, maximum Rs. 6,000 / –
• Loan repayment: Rs. 10000 / – per annum as per Rs. 1,20,000 / –
• Out of which Rs. 1,00,000 loan recovery and Rs. 20,000 as savings.
• Waiver of stamp duty: Waiver of stamp duty required for bank loan is to be given.

Lending institutions and support

• Nationalized Banks, Grameen Banks, Cooperative Banks, Private Banks, Cooperative Societies and RBI Recognized other lending institutions

Support to banks / lending institutions:

• Rs per group 4000 / – for recovery mechanism.
• Rs per group NPA Fund up to Rs 4000/-

Important Links :

Official Circular : Click Here

Official Site : Click Here

Benefits Of Utkarsh Yojana Gujarat
➤ The main benefit which should be provided to all of the beneficiaries is the availability of interest-free loans for all of the self-help group of women available in the Gujarat state. the women will be able to take up the responsibilities of their families through this opportunity. The women will be able to live their life without any worry about their self-help groups. Interest-free loans will be provided by the government of Gujarat and the interest amount will be given by the state government. All of the women will be able to take a loan for up to 1 lakh rupees. Thousand crore rupees have been finalized to be implemented in this scheme.