Yes, you are eligible to apply for the Madhya Pradesh government's Mukhyamantri Medhavi Vidyarthi Yojana (MMVY) after appearing for an improvement exam to achieve the required score. The scheme mandates that students secure at least 70% marks in the Class 12 examination conducted by the Madhya Pradesh Board of Secondary Education or 85% marks in examinations conducted by CBSE/ICSE boards. There is no restriction on the number of attempts; therefore, if you achieve the requisite marks in your improvement exam, you can avail the benefits of the MMVY scheme.

Key Eligibility Criteria:

1. Residency: You must be a permanent resident of Madhya Pradesh.

2. Academic Performance: Secure at least 70% in the Class 12 examination from the Madhya Pradesh Board or 85% from CBSE/ICSE boards.

3. Family Income: The annual family income should not exceed 6,00,000.

For detailed information and updates, refer to the official MMVY portal.