“Mukhyamantri Swarojgar Yojana 2024: India’s progression towards establishing an entrepreneurial ecosystem is dynamic and swiftly evolving, marked by a notable increase in startups across various industries. Government initiatives such as “Make in India” and “Startup India” has actively fostered a culture of innovation and enterprise. The government is also playing a significant role by simplifying the patent filing process and facilitating access to loans and grants at subsidized rates. To reduce emigration from Uttarakhand to other states and support individuals returning after the COVID-19 pandemic, the Uttarakhand Government has introduced the “Mukhyamantri Swarojgar Yojana.” This scheme provides financial assistance for starting businesses in the Manufacturing, Service, and Trade sectors.

What is Mukhyamantri Swarojgar Yoajna 2024?

Mukhyamantri Swarojgar Yojana is an initiative launched on May 28, 2020, at a time when the youth of the state were coming back home due to COVID-19. Uttarakhand Government launched this scheme called Mukhyamantri Swarojgar Yojana. The primary goal of this initiative is to encourage ambitious individuals within the state, including those who returned to Uttarakhand due to the impacts of COVID-19, skilled and unskilled artisans, craftsmen, and both urban and rural unemployed individuals with educational backgrounds. The scheme aims to empower them to establish their enterprises or businesses.

Under this program, aspiring young entrepreneurs, who are either natives or permanent residents of the state, and aspire to become self-employed, will have access to loan facilities through Nationalized/Scheduled Commercial Banks, State cooperative banks, or Regional Rural Banks. This financial support is intended to facilitate the initiation of their independent enterprises, services, or businesses.

Special provisions will be implemented through the District Industry Centres (DIC) to extend the scheme’s benefits. This includes fostering motivation for self-employment, offering essential guidance, and providing information about various self-employment schemes and the establishment of enterprises. These efforts are directed towards supporting the enterprising youth of the state, individuals who returned to Uttarakhand due to the effects of COVID-19, skilled and unskilled artisans, craftsmen, as well as educated urban and rural unemployed individuals.

Mukhyamantri Swarojgar Yojana 2024 Key Highlights
Mukhyamantri Swarojgar Yojana Launch Date	May 28, 2020,
Mukhyamantri Swarojgar Yojana Official Website	MMSY Official Website
Mukhyamantri Swarojgar Yojana Objective	To provide financial assistance to young and passionate entrepreneurs of Uttarakhand.
Mukhyamantri Swarojgar Yojana Beneficiary	Native and permanent residents of Uttarakhand
Mukhyamantri Swarojgar Yojana Department	Department of Small, Micro, and Medium Enterprises
Mukhyamantri Swarojgar Yojana Types of Sectors	Manufacturing SectorTrade Sector Service Sector
Mukhyamantri Swarojgar Yojana Financial Assistance	Manufacturing Sector – Rs 25 LakhsTrade Sector – Rs 10 LakhsService Sector – Rs 10 Lakhs
Mukhyamantri Swarojgar Yojana Age Limit	Above 18 Years
Mukhyamantri Swarojgar Yojana Mode of Application	Online
Mukhyamantri Swarojgar Yojana Helpline Number	Toll-Free +91-7617576909

Mukhyamantri Swarojgar Yojana Objective

• The scheme’s primary goals include fostering self-employment and generating opportunities in both rural and urban settings through the establishment of new services, businesses, and micro-industries. 
• It aims to offer employment prospects in proximity to the residences of ambitious individuals, particularly catering to enterprising youth, those who returned to Uttarakhand due to the impact of COVID-19, skilled and unskilled artisans, craftsmen, and educated urban and rural unemployed individuals.
• Additionally, the scheme seeks to curb migration from hilly and rural areas by providing job opportunities locally, thereby discouraging the need for individuals to relocate in search of employment.

Mukhyamantri Swarojgar Yojana Benefits 2024

• Funding under the scheme will be extended to eligible manufacturing, service establishments, and business activities through nationalized banks, regional rural banks, state cooperative banks, and other scheduled banks.
• Margin money, provided as a grant by the Department of Micro, Small and Medium Enterprises, Government of Uttarakhand, will be a component of the funding. The project cost limit is set at Rs. 25 lakhs (maximum) for the manufacturing sector and Rs. 10 lakhs (maximum) for the service and business sectors.
• According to the MSME Policy-2015 (amended in 2016, 2018, and 2019), the upper limit and quantum of margin money vary for different categories:
  • Category A: 25% of the total project cost (maximum of Rs. 6.25 lakh for manufacturing and Rs. 2.50 lakh for service and business activity).
  • Categories B & B+: 20% of the total project cost (maximum of Rs. 5 lakh for manufacturing and Rs. 2 lakh for service and business activity).
  • Categories C & D: 15% of the total project cost (maximum of Rs. 3.75 lakhs for manufacturing and Rs. 1.50 lakh for service and business activity), whichever is lower.
• After successful operation for 2 years, the margin will be adjusted as a grant.
• General category beneficiaries are required to deposit 10 percent of the project cost in the bank as their contribution. Special category beneficiaries (Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities, Ex-Servicemen, Women, and Persons with Disabilities) need to contribute 5 percent of the total project cost.
• The total project cost encompasses capital expenditure (excluding land purchase costs) and a working capital cycle. It may include expenses for a rented workshop or work shed, but the cost of land purchase is not included.

Mukhyamantri Swarojgar Yojana Financial Assistance 2024

The Uttarakhand Government has provided complete information regarding the financial assistance that will be given to the beneficiary. The margin money will be different for different categories. Here is the complete information regarding the Margin money that will be adjusted after 2 years. 

Applicants/ beneficiaries shall have to deposit the margin money in the Bank as their contribution	General Category	10% of Project Cost
	Special Category	5% of Project Cost

The UK Government has divided states into Categories where the maximum subsidy varies. Also, the limit is different manufacturing Services and commercial activities. 

Region Category	Manufacturing Activities	Service & Commercial Activities
Category A (Hilly)	25% (Max up to INR 6.25 Lakh)	25% (Max up to INR 2.50 Lakh)
Category B (Hilly)	20% (Max up to INR 5 Lakh)	20% (Max up to INR 2 Lakh)
Category B+
Category C	15% (Max up to INR 3.75 Lakh)	15% (Max up to INR 1.50 Lakh)
Category D

Categorization as prescribed under MSME Policy 2015 (as amended 2016, 2018 & 2019):

Category	Included Region
Category A	Whole districts of Pithoragarh, Uttarkashi, Chamoli, Champawat, Rudraprayag and Bageshwar
Category B	The whole district of AlmoraAll hilly development blocks of district Pauri Garhwal, Tehri Garhwal (Excluding regions under category ‘B+’)All hilly development blocks of district Nainital and Dehradun (Excluding regions under category ‘B+’)
Category B+	Kotdwar, Sigaddi, and adjoining plain regions of the Dugadda development block of district Pauri GarhwalDhalwala, Muni Ki Reti, Tapovan, and adjoining plain regions of the Fakot development block of district Tehri GarhwalKotabagh development block of district NainitalPlain regions of the Kalsi development block of district Dehradun
Category C	Regions located above 650 meters from sea level in Raipur, Sahaspur, Vikasnagar and Doiwala development blocks of district DehradunRamnagar and Haldwani development blocks of district Nainital
Category D	Whole districts of Haridwar and Udham Singh NagarThe remaining area of district Dehradun and Nainital (which are not included in categories ‘B’, ‘B+’ and ‘C’)

Mukhyamantri Swarojgar Yojana Eligibility Criteria 

• Age Requirement: The applicant must be a minimum of 18 years old at the time of application.
• Educational Qualification: No educational qualification is necessary.
• Eligible Sectors: Financing is available for the service and business sector industry under the scheme.
• Financial History: The applicant or unit should not be a defaulter of any Nationalized Bank, Financial Institution, Co-operative Bank, or Institution, etc.
• Previous Scheme Benefits: The applicant must not have availed of benefits from any self-employment scheme of the Government of India or the State Government in the last 5 years. However, if the applicant received benefits five years ago from another self-employment scheme of the Government of India or State Government and is not a defaulter, funding can be obtained under the scheme for enterprise expansion.
• Single Benefit Limit: The applicant or any single member of their family is eligible for benefits only once under the scheme.
• Affidavit Requirement: The applicant must furnish an affidavit confirming the fulfillment of eligibility conditions.
• Special Category Documentation: For special category beneficiaries (Scheduled Castes, Scheduled Tribes, Other Backward Classes, Minorities, Ex-Servicemen, Women, and Persons with Disabilities), attaching a certified copy of certificates issued by the competent authority is mandatory along with the application.
• Selection Process: In case of excessive applications, beneficiary selection will follow a First Come First Serve basis, considering project viability.

Mukhyamantri Swarojgar Yojana Documents Required

Mukhyamantri Swarojgar Yojana application will require you to upload certain documents that can back up your authenticity.  To apply for the Uttarakhand Mukhyamantri Swarojgar Yojana, the following documents are necessary:

• Domicile Certificate Copy
• Passport Size Photograph
• Detailed Project Report
• Copy of Aadhar Card
• Affidavit (as per the prescribed format)
• Educational Certificate
• Copy of Bank Details
• Caste Certificate (if applicable)
• Disability Certificate (if applicable)
• Copy of Ration Card

Make sure that you have a soft copy of all the documents because you have to submit these documents in the portal. 

Mukhyamantri Swarojgar Yojana Online Registration 2024

To apply for the Mukhyamantri Swarojgar Yojana, you need to first check the complete  Mukhyamantri Swarojgar Yojana eligibility criteria. Also, make sure that you have the documents required to be uploaded along with the application form. Before you fill in the  Mukhyamantri Swarojgar Yojana application form, you need to first register on the portal. This you can do by following the given process. 

 Mukhyamantri Swarojgar Yojana Online Registration Process 

• Visit the official website of Mukhymantri Swarojgar Yojana 
• After that, click on the “Register” button at the top right corner of the website. 

• You will be redirected toward the Register page where you have to enter your details like Name, address, PAN Card, Address, and other things  
• After entering all the details, click on the Submit button. 

 Mukhyamantri Swarojgar Yojana Online Application Process 

• Now login again and proceed to complete the application form.

• Now the complete application form will be displayed on the screen.
• Fill in all the details of the application form.
• After that, upload all the documents required for the same. 

• Click on the submit button.  

Mukhyamantri Swarojgar Yojana FAQs

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