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The Mukhya Mantri Swavlamban Yojna is a government-initiated scheme designed to promote entrepreneurship and self-employment among the youth and aspiring entrepreneurs in the state. It aims to provide financial support, training, and resources to help individuals establish and run their own businesses, ultimately fostering economic growth and job creation.
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MUKHYA MANTRI SWAVALAMBAN YOJANA GOVT. OF HIMACHAL PRADESH....
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Jan 2, 2012 · Mukhymantri Yuva Swavalamban Yojana or MYSY Scholarship is a scholarship scheme that is offered to the economically weaker section students of Gujarat. All those students who wish to pursue higher education like diploma courses, engineering, pharmacy course, medical course, etc apply for MYSY scholarship every year. Objective.
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- Launch Details
- Main Benefits of The Plan
- Key Features of The Scheme
- Rule Under Subsidy
- How to Apply For The Scheme
- Budget For The Scheme
The first announcement related to the scheme was announced on May 25, 2018 by Himachal Pradesh Chief Minister Jai Ram Thakur. Himachal’s cabinet has also said that the implementation of the scheme will be started as soon as possible.
Young people wandering in search of employment do not get employment according to their merit or many times the possibility is not made, but if they put their focus on self-employment, the job loss can be reduced to a great extent. With the implementation of this project, the state youth will get a lot of help in setting up their business.
Encourage the youth
This is the only way of implementing this scheme that the main purpose of the state government can be to motivate the youth to self-employment, and they are interested in starting their own business.
Decrease of Job Deficiency
With the implementation of this project, the problem of job losses in the state will end. Young people will be able to start their own business instead of wandering in search of a job, so that they will not have to do any job, but they can also start their own business and become an employer to provide them employment. In this way, if they establish their own business, they will not need to find more jobs, rather they will be able to employ themselves unemployed.
Government land for rent
If a self-employed person wants the land, then he can take help from the government for this. If he gets the approval of the HP government and if he wants to take government land as a rent, the state government will charge only 1% of the actual rate of that land.
Subsidy for a male investor
If a male entrepreneur wants to start his business and wants to invest up to 40 lakhs for this, then it will be given special subsidy on the machinery cost by the government, the subsidy will be available upto 25%.
Subsidy for women investor
If a woman candidate wants to start her business, then the government will provide subsidy of up to 30% on cost machinery as per her requirement of purchase, although her investment should not be less than 4 million.
Interest subsidy on credit
Interested candidates who want to set their business also have a loan. If a candidate takes a loan of up to 40 lakh margin, then he will get subsidy upto 5% on the interest of the loan. It will be given for 5 years.
These plans are new and so far the state government has just announced it. All the related information will be released soon. Candidates wanting for this can apply through the Oraorijad Portal of Himachal Pradesh. If not, the state government will soon launch a separate site related to the scheme.
In order to give new opportunities and employment to the youth under this scheme, the State Government of Himachal Pradesh has announced to allocate a budget of 80 crores. If more funds are needed, the amount allocated for it can also be increased.
Mukhyamantri Yuva Swavalamban Yojana Education Department, Gujarat State. FAQ'S. User manual . For Officers (SSO users) Student status Contact us. Login/Register for ...
Nov 7, 2022 · HP Mukhya mantri Swavalamban Yojana (MMSY) Project Cost . Enhancement in the present limit of project cost from Rs. 60 lakh to Rs. 1 crore under “Mukhya Mantri Swavalamban Yojana (MMSY)”. In addition, the grant limit on eligible plant and machinery is proposed to be enhanced from Rs. 40 lakh to Rs. 60 lakhs.
- हिमाचल प्रदेश मुख्यमंत्री स्वावलंबन योजना
- Himachal Pradesh State Government
Mukhya Mantri Swawlamban Yojna 2019 notified vide No. Ind-A(F) 2-1 ... Sub: Subsidy claim form under Mukhya Mantri Swavlamban Yojana (MMSY) Sir,
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Dec 17, 2019 · Mukhyamantri Yuva Swavalamban Yojana The Himachal Pradesh Government has laid down the stepping stones for the development of entrepreneurship in the State through the introduction of the Mukyamantri Yuva Swavalabam Yojana. The scheme aims to provide the budding youth with the opportunity of starting self-employment ventures. This article captures the various aspects of the scheme. […]
