Gujarat Mukhyamantri Mahila Kalyan (Utkarsh) Yojana 2020 – Interest Free Loans to Women SHGs

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Mukhyamantri Mahila Kalyan Yojana or Mukhyamantri Mahila Utkarsh Yojana is going to be launched by the Gujarat government. In this MMKS 2020-21 scheme, govt. will provide interest free loans for women. The Mahila Utkarsh Juth consisting of urban and rural women can avail loans upto Rs. 1 lakh at 0% percent interest rate. All the women self help groups (SHGs) would be able to apply online by filling Mukhyamantri Mahila Utkarsh Yojana Online Application / Registration Form.

The main objective of Mukhyamantri Mahila Kalyan Yojana is to empower women and to enable them to sustain their livelihood amid COVID-19 lockdown. All the women would be enabled to get loans easily in a hassle free manner. The loan’s interest would directly be paid by the Gujarat state government to banks.

The announcement for launch of Gujarat Mukhya Mantri Mahila Kalyan (Utkarsh) Yojana had been made in the Gujarat Budget 2020-21 presented on 26 February 2020. This self employment loan scheme will be launched on 17 September 2020.

Gujarat Mukhyamantri Mahila Kalyan Yojana 2020-21

CM Vijay Rupani has announced Mukhyamantri Mahila Utkarsh Yojana (MMUY) to be launched on 17 September 2020, birthday of PM Narendra Modi. In this scheme, govt. will provide interest-free loans to women’s self help groups (SHGs) in the state. Gujarat Mukhyamanatri Mahila Kalyan (Utkarsh) Yojana will benefit around 2.51 sakhi mandals registered in rural areas and 24,000 sakhi mandals registered in urban areas. These women SHGs will be eligible for Mukhya Mantri Kalyan Yojana if they have repaid any bank loan taken or other borrowing.

Lending to JLEG in Gujarat Mukhyamantri Mahila Utkarsh Yojana

The Gujarat government is planning to provide total lending upto Rs. 1,000 crore to groups to be registered as joint liability and earning group (JLEG). In the post-Covid socio-economic life style of the state, the government is committed to have women play a key role. The state govt. is planning to provide interest-free loans to 10 lakh women across the state under the new scheme.

Under the MMUY, 50,000 JLEGs will be formed in urban areas and 50,000 such groups will also be formed in rural areas. Each group will have 10 women members in it and these groups will be given interest-free loans by the government. The interest amount will be borne by the state government. The government has also decided to waive the stamp duty charges for the loans to be given to these women groups.

mukhyamantri mahila utkarsh yojana gujarat
Mukhyamantri Mahila Utkarsh Yojana Gujarat

Around 2.75 lakh sakhi mandals registered in rural areas and urban areas will be eligible to avail benefits of the scheme provided they have repaid any bank loan taken or other borrowing. Around 27 lakh women are associated with these sakhi mandals across the state.

How to Apply Online for Gujarat Mukhyamantri Mahila Kalyan (Utkarsh) Yojana

The state govt. of Gujarat has earmarked a provision of Rs. 193 crore for Gujarat Mukhyamantri Mahila Kalyan (Utkarsh) Yojana 2020. In order to avail loans at o% interest rate, Mahila Utkarsh Juth consisting of urban and rural women will be able to apply online. For this purpose, the women can fill Gujarat Mukhya Mantri Mahila Utkarsh Yojana Online Application / Registration Forms. 

Just like interest free loan schemes in other states, the state govt. may invite scheme form at a dedicated portal or at the bank branches itself. After submitting the completed Mukhyamantri Mahila Kalyan Yojana Apply Online Form, women can avail loan up to Rs.1 lakh at zero percent interest. The state govt will pay the interest directly to the banks.

Small Business Loans to Women SHGs for Self Employment

These small business loans would enable women to become entrepreneurs & become job creators rather than jobseekers. Women in SHGs can then start their own business with this self employment loan amount and can earn regular income. The Gujarat Mukhyamantri Mahila Kalyan Yojana will make women self reliant and self dependent. There would be no collateral security or third party guarantee required to avail loans under Mukhyamantri Mahila Utkarsh Yojana.

In the Gujarat Mukhyamantri Mahila Kalyan (Utkarsh) Yojana, there would be no application fees and processing charges to avail the loans. In case any person demands money to sanction the loan amount, it would be considered as fraud and women can directly report this matter to police.

In rural areas of the state, the MMKS will be implemented by the Gujarat Livelihood Promotion Company, while the Gujarat Urban Livelihood Mission will implement it in urban areas.

Frequently Asked Questions (FAQ’s)

Here are some of the most frequently asked questions about the Gujarat CM Mahila Kalyan Yojana 2020:-

What is Mukhyamantri Mahila Kalyan Yojana

Mukhyamantri Mahila Kalyan Yojana in Gujarat will be launched to provide interest free loans to women self help groups (SHGs).

What is the other name for CM Mahila Kalyan Yojana

Gujarat Mukhyamantri Mahila Utkarsh Yojana

How much loans can be taken by MMKY Scheme women beneficiaries

Upto Rs. 1 lakh

What is the interest rates on loans taken under MMUY Scheme

zero percent or interest free

Will the interest will be waived or reimbursed to the beneficiaries in MMKY Scheme

Waived. The beneficiary will not have to pay any interest so it is not reimbursement, govt. will directly transfer interest amount to the banks

How many women beneficiaries can take loan for self employment

Approx. 27 lakh women beneficiaries in around 2.75 lakh registered sakhi mandals (2.51 lakh in rural & 24,000 in urban areas) would be able to apply for self employment loans

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