There is a lack of sufficient jobs in all of the industries, irrespective of the government or private sector. This is why there is a great need to encourage self-employment. Taking a step, the state government of Himachal Pradesh has announced a new scheme for the youth of the state. This project will not only explore the possibilities of self-employment. It will also encourage the unemployed youth of the state to set up their enterprises under the categories of Micro, small or medium capacity.
What are the Benefits of the Mukhyamantri Swavalamban Yojana, H.P.Scheme?
- Encouraging Youth – The main benefit of this scheme is to motivate the youth for self-employment and show interest in starting their own business.
- Reduce job Shortage – With the implementation of this project, the problems of job shortage in the state will be eliminated. They shall be able to start their own business instead of roaming in search of jobs. They can also become employable employers.
- Government Land for Rent – If a self-employed person wants land, he can take the help of the government for this. If it gets approval from the HP government and wants to take government land as rent, then the state government will charge only 1% of the actual rate of that land.
- Reduction in Stamp Duty – To motivate the youth to participate more and more in the self-employment scheme, the government will also reduce the number of stamps to be filled by them. If you want to buy any land under this project, you will have to pay a stamp duty of up to 3% instead of 6%.
Subsidy Rate:
Category Subsidy Rate
Women 30%
Widow 35%
Other 25%
What are the Eligibility Criteria for Mukhyamantri Swavalamban Yojana, H.P.?
- The candidate has to be a resident of Himachal Pradesh.
- Applicant must be 18-45 years of age.
What are the Documents Needed for Mukhyamantri Swavalamban Yojana, H.P.?
- Aadhar Card
- Residence certificate
- Project Report/Business Plan
- Pan Card
- Passport size photograph
- Bank passbook
- Mobile number
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How to apply for Mukhyamantri Swavalamban Yojana, H.P?
Visit the following website to apply for the scheme.
