Employment-Oriented Industries to Drive Growth: CM Dr. Mohan Yadav

Bhopal: Madhya Pradesh Chief Minister Dr. Mohan Yadav stated that Micro, Small and Medium Enterprises (MSMEs) form the backbone of the Indian economy. Small industries are providing employment to crores of families across the country. The State Government is continuously encouraging the establishment of employment-oriented industries in Madhya Pradesh. Our objective is to establish one crore MSMEs in the state by 2047. MSMEs are the backbone of the state’s economy. The government’s goal is to promote industry in every district, employment in every family and opportunities for every youth.

Chief Minister Dr. Yadav said that under the leadership of Prime Minister Shri Narendra Modi, India is emerging as a major global economic power. Just as the opportunity to take a holy dip during Simhastha comes once every twelve years, the twelve years of good governance under Prime Minister Shri Modi have provided citizens with an opportunity akin to an ‘Amrit Snan’. The MSME sector has undergone a remarkable transformation under Prime Minister Modi’s leadership during the past twelve years.

Chief Minister Dr. Yadav addressed the ‘Samriddh MSMEs–Vikasit Madhya Pradesh’ held at Kushabhau Thakre International Convention Centre on Sunday for the distribution of incentives and benefits through a single-click transfer to MSME entrepreneurs, start-ups and beneficiaries of various government schemes. He inaugurated the programme by lighting the ceremonial lamp. The event commenced with the rendition of Vande Mataram. A short film highlighting MSME and StartUp promotion initiatives in the state was also screened on the occasion.

Chief Minister Dr. Yadav Felicitated by Industrial Organisations
Chief Minister Dr. Yadav distributed incentive assistance exceeding ₹360 crore to 900 MSME units through a single-click transfer. All pending liabilities up to March 31, 2026, were also cleared. He disbursed ₹2.02 crore as assistance to six units that have established Effluent Treatment Plants (ETPs), reimbursed mandi fees worth ₹1.07 crore to units under a special package and released ₹3.69 crore towards electricity tariff support for eleven units. The Chief Minister also distributed loan assistance under the Chief Minister Udyam Kranti Yojana, land allotment letters and incentives under the Madhya Pradesh StartUp Policy 2025. Representatives of various industrial organisations felicitated Chief Minister Dr. Yadav.

Shri Rajesh Mishra, State President of Laghu Udyog Bharati; Sushri Rashi Bahl Mehra, Founder of Alanna Group; and entrepreneur Shri Kunal Gyani shared their experiences in establishing enterprises in Madhya Pradesh. Chief Minister Dr. Yadav also interacted with DICCI State President Dr. Anil Sarvaiya and entrepreneurs Smt. Pratibha Yadav, Dr. Suresh Dubey, Shri Dinesh Chandwani and Shri Yashraj Verma.

More Than 1.25 Crore People Employed in Over 24 Lakh MSME Units

Chief Minister Dr. Yadav said that Madhya Pradesh is among the leading states in entrepreneurship and innovation. More than 1.25 crore people have secured employment through over 24 lakh MSME units in the state. Of these, more than 4.41 lakh units are being led by women entrepreneurs, reflecting the success of women’s empowerment initiatives. The government has set a target of providing ₹4,500 crore over the next two-and-a-half years to strengthen MSMEs. The MSME Development Policy is strengthening entrepreneurs by providing investment incentives of up to 40 per cent, incentives of up to 60 per cent for food processing industries, and an additional 8 per cent support for Scheduled Caste, Scheduled Tribe and women entrepreneurs.

MSME Sector is the Largest Employment Generator

Chief Minister Dr. Yadav said that rules have been simplified to provide land to entrepreneurs at concessional rates for setting up industries. During the last two-and-a-half years, 30 new industrial areas and 14 clusters have been approved, and 1,063 plots have been allotted to entrepreneurs. The state aims to develop 60 new industrial areas and clusters and allot more than 6,000 plots to new entrepreneurs over the next two-and-a-half years. Government assistance is not merely a subsidy but a means to accelerate entrepreneurs’ dreams. It will lead to the establishment of new industries, increased production and a stronger local economy.

Chief Minister Dr. Yadav said that the MSME sector is the largest generator of employment and will create new opportunities for youth, women and rural entrepreneurs. Products manufactured in Madhya Pradesh are now reaching not only national but also international markets. The government is committed to providing technology, finance and guidance to help local enterprises achieve global recognition.

Madhya Pradesh Recognised as a ‘Leader’ in StartUp Rankings

Chief Minister Dr. Yadav said that start-ups from Madhya Pradesh are making a distinct mark across the country. The number of StartUps in the state has crossed 7,400, with women leading nearly 3,400 of them—almost 50 per cent of the total. Under the Chief Minister Udyam Kranti Yojana, loans worth more than ₹1,630 crore have been provided to over 23,500 youth during the past two-and-a-half years. Madhya Pradesh has earned recognition in the ‘Leader’ category in national StartUp rankings. The government is committed to establishing at least one incubation centre in every district. Subsidised plug-and-play co-working spaces will be developed in Bhopal, Indore, Gwalior, Jabalpur and Ujjain.

Young Entrepreneurs Gaining Global Recognition through State Government Support

Micro, Small and Medium Enterprises Minister Shri Chaitanya Kumar Kashyap said that Chief Minister Dr. Yadav has worked tirelessly over the last two-and-a-half years to accelerate industrial development in the state. He has been engaging directly with entrepreneurs across districts. Minister Shri Kashyap stated that Madhya Pradesh had long relied heavily on agriculture, which contributed 40 per cent to the state GDP, while industry accounted for only 19 per cent. Chief Minister Dr. Yadav has resolved to transform this situation, and under his leadership the state is witnessing rapid industrial growth. The government’s policies are enabling young entrepreneurs to establish their identity at both national and global levels.

At Least One MSME Centre to be Developed in Every Assembly Constituency

Principal Secretary, Industrial Policy and Investment Promotion and MSME Department, Shri Raghvendra Singh, highlighted the achievements of the last two-and-a-half years. He informed that investment assistance worth ₹3,723 crore has been provided to 6,136 MSME entrepreneurs during this period, compared to only ₹1,245 crore in the preceding two-and-a-half years. Shri Singh said that the state’s new industrial policy is fast, transparent and industry-friendly. More than 1,000 plots have been allotted to entrepreneurs in the past year. Forty-four new industrial areas and clusters have been proposed. Over the next two-and-a-half years, 30 new clusters and 20 common facilities will be developed, and 5,000 new industrial plots will be allotted. The government also aims to establish at least one MSME centre in every Assembly constituency. Locations have already been identified in 76 constituencies for this purpose.