Sarkari Yojana
Chief Minister Rural Path Vendor Loan Scheme
About Chief Minister Rural Path Vendor Loan Scheme
Offered by the Panchayat and Rural Development Department, Government of Madhya Pradesh, the “Chief Minister Rural Path Vendor Loan Scheme” gives working capital support of up to ₹10,000, encourages timely loan repayment and trains budding entrepreneurs in business methods. Street vendors such as rehri wala, cycle wala and thela wala form a vital part of the informal rural economy, bringing a range of goods and services to village doorsteps at fair prices. Their wares include ice cream, fruits, samosa/kachori, bread-biscuits, chicken & eggs, clothes, small utensils, shoes & slippers and brooms, while others offer services like barbering and tool repair in rural areas.
Through banks, poor migrant workers and small traders in the state’s rural areas can obtain loans for inexpensive equipment or working capital. To help them start new ventures, rural migrant workers receive Entrepreneurship Development (EDP) training from the “Self Employment Training Institute (RSET)”, after which banks sanction loans for setting up the business.
Scheme Overview
State Government
Individual
Scheme Details
Eligibility Requirements
To qualify for Chief Minister Rural Path Vendor Loan Scheme, applicants must satisfy the following conditions:
Applicants must live in Madhya Pradesh
Applicants must live in Madhya Pradesh.
Applicants must reside in a rural area
Applicants must reside in a rural area.
Applicants must be small traders or vendors belonging…
Applicants must be small traders or vendors belonging to the rural poor.
Applicants must not be defaulters on any earlier…
Applicants must not be defaulters on any earlier government loan.
Benefits Provided
Chief Minister Rural Path Vendor Loan Scheme provides the following benefits to eligible applicants:
Poor migrant workers and small traders in rural…
Poor migrant workers and small traders in rural parts of the state can obtain bank loans for affordable equipment or working capital.
Rural migrant workers are given Entrepreneurship Development Training…
Rural migrant workers are given Entrepreneurship Development Training by the "Self Employment Training Institute (RSET)" to help them start new businesses.
Once training is over, banks extend an Interest-free…
Once training is over, banks extend an Interest-free loan of ₹10,000/- for establishing the business.
Documents Required
Applicants should keep the following documents ready before starting the application:
The applicant's Aadhaar number
The applicant's Aadhaar number
A mobile number that is linked with Aadhaar
A mobile number that is linked with Aadhaar
The applicant's Samagra ID
The applicant's Samagra ID
Particulars of the applicant's bank account
Particulars of the applicant's bank account
How to Apply
Online Application
Applicants can apply for Chief Minister Rural Path Vendor Loan Scheme through the online application process outlined below.
Open the Street Vendor Portal and press "Register"
Open the Street Vendor Portal and press "Register".
Confirm your mobile number using the OTP sent…
Confirm your mobile number using the OTP sent to it, and then choose the "Rural Path Vendor" option.
Authenticate your Aadhaar number with the OTP sent…
Authenticate your Aadhaar number with the OTP sent to the mobile number linked to Aadhaar. (If no mobile number is linked to your Aadhaar, go to a kiosk for biometric authentication.) The online application page will then open.
Complete every compulsory field in the online form…
Complete every compulsory field in the online form and upload all required documents in the prescribed format and size. Go through the details carefully and correct any mistakes.
Press the "Submit" or "Apply" button to send…
Press the "Submit" or "Apply" button to send in the application. An SMS confirming submission will be sent to you.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.