Under the Mukhyamantri Young Engineers Contractor Scheme(MYECS), training certificates to 810 engineers have been issued till today. Among these engineers, 284 engineers have started participating in the tender process of construction works worth upto `2 crore by registering themselves in the ‘C’ class contractor list.
It may be mentioned that a registration fee of `2,000 is taken in place of `10,000 and `25,000 is taken as security deposit in place of `2 lakh from the engineers trained under the Mukhyamantri Young Engineers Contractor scheme. Under the scheme, special identification is given to the registered contractors and 50 percent exemption is given on earnest money bid security which is taken for three years.
It may be highlighted that Mukhyamantri Young Engineers Contractor Scheme has been implemented in the state to provide self employment to the young engineers in the contracting field for infrastructure development works in the State.
Under the scheme, three months training is imparted to 500 young degree holder engineers. Also two months field training is given and engineers are taken to the under construction Government multipurpose projects to provide them knowledge about the actual construction techniques. Moreover a sum of `5,000 per month during one month academic training and ` 7,000 per month is given during field training.
Candidates are required to be of Madhya Pradesh domicile to avail benefit of the scheme. Candidates who have passed engineer degrees after the year 2002 are eligible to apply under the scheme.