Uttarakhand CHIEF MINISTER SELF-EMPLOYMENT SCHEME (MSY)

Uttarakhand CHIEF MINISTER SELF-EMPLOYMENT SCHEME

Explore the Uttarakhand Chief Minister Self-Employment Scheme , a visionary initiative empowering migrant laborers with financial aid and resources to start their own businesses.

Discover eligibility criteria, diverse sectors covered, application procedures, and the government’s commitment to fostering self-reliance and economic growth in Uttarakhand.

Uttarakhand CHIEF MINISTER SELF-EMPLOYMENT SCHEME (MSY)

The Uttarakhand government, under the visionary leadership of Chief Minister Shri Trivendra Singh Rawat, had launched the Mukhyamantri Swarojgar Yojana ( in 29 May 2020) to provide employment opportunities to migrant laborers.

In the wake of the pandemic-induced lockdowns, many laborers found themselves stranded in other states, and this initiative aims to support their return to Uttarakhand and empower them to establish their own industries.

The primary objective of the Uttarakhand Chief Minister Self-Employment Scheme 2023 is to offer financial assistance to migrant laborers, enabling them to initiate their enterprises.

Through this initiative, the government intends to foster self-reliance among the returning labor force, ensuring they have sustainable means to support themselves and their families.

  • Scheme Name: Uttarakhand Chief Minister Self-Employment Scheme
  • Initiated By: Chief Minister Shri Trivendra Singh Rawat
  • Beneficiaries: Migrant laborers of the state
  • Objective: Providing loans to migrant laborers
  • Official Website: msy.uk.gov.in
  • Loan Limit: Up to Rs 25 lakh in the manufacturing sector and Rs 10 lakh in the service sector.
  • Margin Money Classification: Varies from 15% to 25% based on project categories.
  • Application Methods: Both online and offline methods available for applying.

Benefits of the Scheme

  • Migrant laborers returning to Uttarakhand can benefit from this scheme.
  • Loans for self-employment will be facilitated through various banks as specified by the government.
  • The scheme encourages entrepreneurship and self-employment among Uttarakhand residents.
  • Financial assistance up to Rs 25 lakh for manufacturing and Rs 10 lakh for service/business sectors is available.
  • Subsidies up to 25% on loans provided under the scheme.

Loan Details and Categories Covered

Under this scheme, loans ranging up to Rs 25 lakh for manufacturing projects and Rs 10 lakh for service sector projects will be provided. The margin money for different project categories varies from 25% to 15% of the total project cost, as per the MSME policy guidelines.

Eligibility Criteria

To be eligible for the scheme, applicants must satisfy these requirements:

  • Residency: Applicants must be permanent residents of Uttarakhand.
  • Age Requirement: Applicants should be at least 18 years old.
  • Previous Benefit: Applicants or their family members should not have availed benefits from similar self-employment schemes provided by the government in the past five years.

Application Process

Interested applicants can apply both online and offline.

  • Online Application:
    • Visit the official website of the Uttarakhand government.
    • Fill in the application form available on the website.
    • Attach necessary documents as specified.
    • Submit the completed application online.
  • Offline Application:
    • Download the application form from the official website.
    • Fill in all required details in the downloaded form.
    • Attach the necessary documents.
    • Submit the completed form to nationalized banks, regional rural banks, state cooperative banks, or other scheduled banks.

Categories Covered under the Scheme:

The Mukhyamantri Swarojgar Yojana covers a wide array of sectors including but not limited to:

  • Vegetable and fruit vending
  • Fast food services
  • Tailoring
  • Plumbing
  • Mobile repair and recharge
  • Beauty parlors
  • Printing and bookbinding
  • Carpentry
  • Bakery, and many more.

The Uttarakhand Chief Minister Self-Employment Scheme 2023 stands as a beacon of hope for migrant laborers, offering them the means to build their own livelihoods.

By providing financial assistance and support, the government aims to create a self-reliant and empowered workforce, contributing to the state’s economic growth and development.

For more information and detailed guidelines, please visit the official website of the scheme at msy.uk.gov.in.