What is Uttarakhand mukhyamantri swarojgar yojana?

The Mukhyamantri Swarozgar Yojana has been introduced by the government of Uttarakhand. The programme is for immigrants from Uttarakhand who return to the state as a result of the coronavirus.

To encourage self-employment, the government would offer loans up to Rs. 25 lakh under this programme. With the loans, young people can launch or manage their own enterprises, including beauty salons, gyms, and mobile repair shops, among others.

The objective of Uttarakhand Mukhyamantri Swarojgar Yojana

The scheme’s primary goal is to convince ambitious young people from the State, migrants who have repatriated to Uttarakhand as a result of COVID-19, trained and unskilled artisans, handicraftsman, and professional urban and rural jobless people to start their own industries or businesses.

Who is eligible for Uttarakhand Mukhyamantri Swarojgar Yojana?
  • Applicant must be a permanent resident of Uttarakhand
  • Applicant should be 18 years old 
  • The applicant or their family members should not avail of this scheme earlier
  •  Applicant must not have previously taken any of the self-employment schemes of Govt of India or State Govt: schemes within last 5 year
  • No education qualification preferences in this scheme
Frequently Asked Questions (FAQs)
Can socially backward class/ex-service avail this scheme?

Yes of course. Applicants who belong to SC/ST, OBC, Minorities, Ex-servicemen/women, or PwD have to submit a certified copy of the certificate issued by the competent authority along with the application form

How much loan I can avail of from this scheme?

Under this scheme, the government will provide loans up to 25 lakh for manufacturing and up to 10 lakh for the service sector.

Can I avail myself of this loan for starting a trading business ( Like Kirana shop)

No, you won’t get a loan for trading in this scheme.

What should be the maximum project cost in this scheme?

The project should be within 25 lakhs for the manufacturing sector and up to 10 lakhs for the service sector

How can I apply for the loan?

If you are eligible you can go to the nearest nationalized bank, regional rural banks, state cooperative banks, and other scheduled banks and can collect the application form or download the application form from the official website and fill in the details along with documents and a project report of the business and can submit the details to the bank itself. 

How can I create a project report for Uttarakhand Mukhyamantri Swarojgar Yojana?

You can create the project report through Finline. Either you can create the report by yourself or seek the help of an expert to create the report for you. Anyone without deep knowledge of accounting and finance can create a report in Finline. A well-crafted and convincing project report increases the chances of loan approval. With Finline you can craft a compelling project report in less than 10 minutes. That too in your language. Our reports are accepted by all public and private sector banks working in India. Click to create your project report.

How much margin money ( owner’s contribution ) is to be raised for this scheme?

According to the MSME policy, classified category A will have a maximum margin money limit of 25 per cent of the total project cost, while categories B and B will have a limit of 20 per cent, and categories C and D will have a limit of up to 15 per cent of the total project cost.