The Mukhyamantri Krishi Udyog Yojana (MKUY) is an Odisha government-backed scheme aimed at nurturing agricultural entrepreneurship in the state. It provides financial and structural support to farmers and agripreneurs who wish to develop agro-based industries, processing units, or allied agricultural ventures. Below is a quick glance at its key parameters:
| Parameter | Details |
|---|---|
| Scheme name | Mukhyamantri Krishi Udyog Yojana (MKUY) |
| Target beneficiaries | Farmers, agri-entrepreneurs, agro-based businesses |
| Support offered | Subsidies, financial assistance, technical guidance |
| Objective | Promote value-addition in agriculture and boost farm income |
Objective of Mukhyamantri Krushi Udyog Yojana (MKUY)
The primary objectives of MKUY are:
- To encourage the establishment and growth of agro-processing units
- To enable farmers to move up the value chain by processing raw produce
- To increase rural employment opportunities and reduce migration
- To promote sustainable agricultural practices through better technology adoption
To enhance farm income by integrating backward and forward linkages
Eligibility criteria for Mukhyamantri Krishi Udyog Yojana (MKUY)
Here’s who typically qualifies under MKUY:
- Residency: Applicants must be permanent residents of Odisha.
- Age: The applicant should be between 18 and 55 years of age.
- Educational qualification: A minimum educational qualification of 8th standard is required.
- Project cost: For projects costing above Rs. 10 lakh in the manufacturing sector and above Rs. 5 lakh in the business/service sector, the applicant should possess at least an 8th standard pass educational qualification.
- Income criteria: There is no income ceiling for assistance for setting up projects under MKUY.
- Defaulter status: The applicant should not be a defaulter of any bank or financial institution.
- Previous subsidy: If an entrepreneur has previously availed Capital Investment Subsidy (CIS) for an agri-enterprise, they will be eligible to apply for another new project only after 5 years.
- Project type: The scheme supports various sectors including agriculture, horticulture, animal husbandry, fisheries, and interdepartmental projects.
- Subsidy eligibility: Transgender entrepreneurs are eligible to avail the subsidy benefit of 50% under the scheme.
Project size: The maximum limit of CIS has been raised from Rs. 50 lakh to Rs. 1 crore per family.
For individuals looking beyond this scheme, understanding general business loan eligibility criteria can help explore alternate or supplementary funding options.
Documents required for Mukhyamantri Krishi Udyog Yojana (MKUY)
To apply, you’ll need to gather:
- Passport-size photograph
A recent passport-size photograph. - Identity proof
Valid government-issued identity proof such as Voter ID or Aadhaar Card. - Signature of the applicant
Scanned copy of the applicant's signature. - Land record/Lease document
Documentary proof of land ownership or lease agreement (valid for more than 15 years), indicating Khata No. or Plot No. - Bank consent letter (Optional)
A letter from the bank consenting to the applicant's project, if applicable.
Steps to apply for Mukhyamantri Krishi Udyog Yojana (MKUY)
Follow these steps to submit your application:
- Visit the official portal
Go to the official MKUY application portal designated by the government. - Register your account
Create a new user account by providing basic details such as name, contact number, and email ID. - Login to your account
Use your registered credentials to log in to the portal. - Fill in the application form
Complete the online application form with accurate personal, business, and land details. - Upload required documents
Attach scanned copies of all necessary documents such as identity proof, land record/lease agreement, passport-size photo, and signature. - Submit the application
Review the information and documents carefully, then submit your application online. - Receive acknowledgment
After submission, you will get an acknowledgment receipt or application reference number for tracking purposes. - Track application status
Use your application reference number to monitor the progress of your application on the portal.
If you want to explore funding options alongside this scheme, you can also check your pre-approved business loan offer to quickly access pre-approved loans tailored for your needs.
Benefits and features of Mukhyamantri Krishi Udyog Yojana (MKUY)
Eligible beneficiaries can avail:
- Capital subsidy or grant support
- Concessional interest rates or financial support
- Technical assistance, guidance, and training
- Incentives for adopting modern and sustainable practices
- Infrastructure support like sheds, cold storage, packaging units
Preferential market linkages and marketing assistance
Steps to check application status of Mukhyamantri Krishi Udyog Yojana (MKUY)
To track your application:
- Log in to the scheme portal using your application ID
- Enter your registration number and required credentials
- View the current status (e.g., under review, approved, disbursed)
- If required, respond to any queries or submit additional documents
Receive updates via SMS or email if enabled
Conclusion
Mukhyamantri Krishi Udyog Yojana (MKUY) offers a well-rounded support system for farmers and agripreneurs to build value-added enterprises and increase their income. By providing subsidies, technical help, and infrastructure support, it encourages innovation in the agricultural sector.
If you need additional funds beyond the scope of MKUY, you can explore a tailored business loan with competitive rates.
Helpful resources and tips for business loan borrowers
More helpful resources related to government schemes
| Lakhpati Didi Scheme | Atal Innovation Mission | NaBFID |
| What is TReDS | Green finance | MSME certificate update |
