Uttarakhand CM Swarojgar Yojana — Self-Employment Loan

What is Uttarakhand Mukhyamantri Swarojgar Yojana?

Mukhyamantri Swarojgar Yojana (MSY) is Uttarakhand government's self-employment scheme that provides subsidized loans to unemployed youth, including migrants who returned to Uttarakhand, to start their own businesses in manufacturing, services, or trade.

Key Benefits

Who is Eligible?

• Uttarakhand domicile — 5-year residence in the state
• Age 18 to 45 years (relaxed to 50 for widows and disabled)
• Educated unemployed / skill-trained youth
• Return migrants who came back to Uttarakhand during COVID or other reasons
• SC/ST/OBC applicants get preference
• Minimum educational qualification: Class 8 pass (varies by loan amount)
• Not already self-employed in a business with turnover above threshold

Eligible Business Categories

Documents Required

1. Aadhaar card
2. Uttarakhand domicile certificate (Mul Niwas Praman Patra)
3. Age proof (Aadhaar, birth certificate)
4. Educational certificate (minimum Class 8 mark sheet)
5. Caste certificate (if SC/ST/OBC)
6. Project report / business plan (prepared with DIC support)
7. Bank account details (Aadhaar-linked)
8. Rent agreement / shop ownership proof (if premises available)

How to Apply

Step 1 — Online Application

Visit msy.uk.gov.in:

• Register with Aadhaar
• Fill personal, education, and business details
• Upload documents
• Submit application

Step 2 — DIC Verification

The District Industries Centre (DIC) in your district reviews the application:

• Verifies eligibility (domicile, age, education)
• Assists in preparing the project report if needed
• Forwards eligible applications to empanelled banks

Step 3 — Bank Loan Sanction

Bank appraises the project:

• Loan sanctioned (usually within 30 days of DIC recommendation)
• Subsidy amount calculated (25% of sanctioned loan)

Step 4 — Subsidy Disbursement

After loan disbursement and start of business:

• 25% subsidy credited to the loan account directly
• Balance loan repaid to bank over the agreed tenure

Frequently Asked Questions

1. I returned from Delhi to my village in Uttarakhand during COVID. Am I eligible?

Yes. Return migrants are a priority category under MSY. Provide Aadhaar with Uttarakhand address, domicile certificate, and proof of return. DIC will process your application on priority.

2. Can I use the loan to open a dhaba (food stall) on a highway?

Yes. A food service business (dhaba, restaurant, snacks stall) qualifies under the services sector. You will need the business location detail (rent agreement or owned premises) in the project report.

3. I am 48 years old and a widow. Am I eligible?

Yes. The age limit is relaxed to 50 years for widows. Apply with your Aadhaar, domicile, and widow certificate. You may also get additional relaxation in collateral requirements.

4. What if the bank rejects my loan application?

If a bank rejects, approach the DIC — they can recommend another empanelled bank or help re-present the case. You can also appeal to the District Magistrate.

5. Is the 25% subsidy a grant or is it also repaid?

The 25% subsidy is a government grant — it is credited to your loan account and reduces your loan outstanding. You only repay the remaining 75%.

Official Links