Objective of Mukhyamantri Laghu Udhyog Protsahan Yojana' is:

The correct answer is Providing new employment opportunities

• This scheme has been launched with the objective of providing subsidized loans through banks to facilitate the establishment of enterprises in the state and to provide new employment opportunities to all sections of society.

Key Points 

•  Mukhyamantri Laghu Udyog Protsahan Yojana:
  • It started on 17th December 2019.
  • Valid till: 31-Mar-2024
  • Funded By: State Government
  • Type of Scheme: Family, Individual
  • Purpose:
    • To provide credit to small industrial units and make them flourish.
    • Employment generation.
    • The purpose of Mukhyamantri Laghu Udhyog Protsahan Yojana is to plan for self-employment in Rajasthan.
  • Provisions-
    • Under this scheme loan of up to 10 crores is given to small industrialists for their industry to grow them and give contributions to Rajasthan's development.

Under this scheme, interest subvention is given as follows-