Short Description
The Mukhyamantri Swarojgar Yojana 2.0 (MSY 2.0) aims to create widespread employment opportunities across Uttarakhand by enabling the youth, women, artisans, migrants, and unemployed individuals to establish self-owned enterprises.
Objective
- Providing bank loans and subsidies for setting up manufacturing, service, or trade businesses.
- Encouraging migrants and youth to become job creators instead of job seekers.
- Promoting women entrepreneurship with extra financial support.
- Reducing unemployment and migration by promoting local-level self-employment.
- Supporting the manufacturing of ODOP/ODTP/GI-tagged local products through additional incentives.
- Enhancing access to credit and ensuring ease of doing business via a simplified and transparent process.
Benefits / Subsidy
Benefit Type
Subsidy Linked Loan
Coverage
15% to 30% Government Subsidy
Manufacturing- 25 Lakhs
Service Sector- 10 Lakhs
Trade Sector -10 Lakhs
Subsidy Benefits: For the Region of Entire area of district Pithoragarh, Uttarkashi, Chamoli, Champawat, Rudraprayag and Bageshwar ( Category-A)
Entire area of district Almora and Pauri Garhwal
The mountainous dominated area of district Tehri Garhwal')
Nainital district (Bhimtal, Dhari, Betalghat, Ramgarh, Okhalkanda development block) and Dehradun district (Chakrata development block) (Category-B)
Upto 2 Lakhs ---30% Max 60,000
2-10 Lakhs ---25 % Max 2,50 000/-
10-25 Lakhs --- 20% Max 5,00,000/-
For the Region of Plain areas of district Tehri (Dhalwala, Tapovan, Muni ki Reti and plains of Fakot development block attached to it)
Areas with a height of more than 800 meters above sea level in Raipur, Sahaspur, Vikasnagar, Kalsi and Doiwala development blocks of Dehradun district
Areas with a height of more than 800 meters above sea level in Kotabagh development block of Nainital district (Category -C)
Entire area of district Haridwar and Udham Singh Nagar
Whole areas of Ramnagar, Haldwani development blocks, Municipal Corporation Haldwani, Nagarpalika Lalkuan, Nagarpalika Ramnagar of Nainital district and areas of Kotabagh development block of Nainital district having a height of 800 meters or less from the sea level
Areas of Raipur, Sahaspur, Vikasnagar, Kalsi and Doiwala development blocks of Dehradun district which are 800 meters or less above sea level and areas of Dehradun Municipal Corporation (Category D)
Upto 2 Lakhs ---25% Max 50,000
2-10 Lakhs ---20 % Max 2,00 000/-
10-25 Lakhs --- 15% Max 3,75,000/-
+5% for rural/Nagar Panchayat enterprises
+5% for women or disabled entrepreneurs
+5% for products under ODOP/ODTP/GI tag
Eligibility
Scheme Name : Mukhyamantri Swarojgar Yojana 2.0 (MSY 2.0)
Scheme Duration : FY 2025-26 to FY 2029-30
Implementing Agency : Directorate of Industries, Uttarakhand
Target Beneficiaries : Over 50,000 individuals
Applicable Area : Entire State of Uttarakhand
Sectors Covered : Manufacturing, Service, Trade
The applicant must be at least 18 years old at the time of applying for the scheme. There is no upper age limit.
Only individuals who are permanent or native residents of Uttarakhand are eligible. Applicants must submit a valid domicile certificate issued by a competent authority along with the application.
The applicant must not be a defaulter of any nationalized bank, co-operative bank, financial institution, or government-backed financial body. A clean financial record is mandatory to avail benefits.
Only one person per family is allowed to benefit from the scheme. A family is defined as husband, wife, and their unmarried children below 21 years. This restriction is to ensure fair and widespread benefit distribution.
Applicants must not have received assistance under any self-employment scheme run by the Government of India or Government of Uttarakhand in the last 5 financial years. However:
If an applicant has availed benefits from such a scheme more than 5 years ago and is not a defaulter, they may apply for expansion of their enterprise under MSY 2.0.
There is no minimum educational qualification required to apply for this scheme. The program is inclusive and skill-focused rather than degree-dependent.
Documents Required
Aadhaar Card
Domicile Certificate
Project Report (Self-attested or CA-certified)
Recent Photograph
Category Certificate (if applicable)
Affidavit of Eligibility
Rent Agreement (if applicable)
Equipment/Machinery Quotations
