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Saturday, 18 January 2020

[Apply] HP Mukhyamantri Yuva Swavalamban Yojana 2020 Online Registration | MSY Form Download PDF

हिमाचल प्रदेश मुख्यमंत्री युवा स्वावलंबन योजना | ऑनलाइन आवेदन | एप्लीकेशन फॉर्म


Himachal Pradesh govt. is inviting HP Mukhyamantri Yuva Swavalamban Yojana 2020 online application forms. This scheme will promote self employment as there is lack of employment in both government and private sector. For youths, a new MSY scheme for youth is announced by CM Jai Ram Thakur. All the interested candidates can apply by filling HP Mukhyamantri Swavalamban Yojana Online Registration Form at the official website.
In order to create self employment opportunities, Himachal govt. will provide easy loans to youths. The state govt. will explore the possibility of new jobs in the field of self employment to make youths self-dependent. Interested candidates can download Approval letter under Mukhya Mantri Swavalamban Yojana in PDF format.

Moreover, youths can also download MMSY subsidy claim form, physical inspection report, undertaking and engineers certificate. Furthermore, Application Form for Interest Subvention and Credit Guarantee Fee is also available in Guidelines PDF.

HP Mukhyamantri Yuva Swavalamban Yojana 2020 Apply Online Form

The 1st announcement for Mukhyamantri Swavalamban Yojana was made on 25 May 2018 by HP Chief Minister Jai Ram Thakur. The implementation of Yuva Swavalamban Scheme has already been started from the previous year i.e FY 2019 and will continue in 2020.

HP Mukhyamantri Swavalamban Yojana Online Registration Form (Approval Letter)

Below is the direct link to download HP Mukhyamantri Yuva Swavalamban Yojana Online Registration Form or Approval Letter in PDF format:-

Candidates can open this PDF file which is of 23 pages. On the 6th page, Approval Letter for Mukhya Manatri Swavalamban Yojana is present in Annexure A which will appear as shown below:-
Here candidates can fill in all the details regarding setting up of self employment opportunity to avail benefits of this scheme.

HP Mukhyamantri Yuva Swavalamban Yojana Online Application (Subsidy Claim Form)

The Subsidy Claim Form for HP Mukhyamantri Swavalamban Yojana 2020 is present on the 8th page of the PDF. The HP Mukhyamantri Yuva Swavalamban Yojana online application form will appear as shown below:-
Here candidates can fill in the Subsidy Claim Form for Mukhya Mantri Swavalamban Yojana 2020 in Himachal Pradesh. Annexure B-I is of Physical Inspection Report which is not be filled in by the beneficiary.

HP Mukhyamantri Swavalamban Yojana Undertaking by Beneficiary 

The performa of undertaking which is to be submitted by the beneficiary is given in Annexure B-II on the 11th page of the PDF file:-
He / she who is starting self employment must read the undertaking first, comply to conditions and then submit the completed online application form. Annexure B-III is Engineers Certificate by the certified/empanelled (with any Govt. agency)/any Govt. Engineer.  Annexure C is the office order while Annexure D is Final Physical Verification report.

Application Form for Interest Subvention & Credit Guarantee Fee Under HP Mukhya Mantri Swavalamban Yojana (MMSY) 2020

The Interest Subvention & Credit Guarantee Fee application form is present on the 16th to 18th page of the PDF which appears as shown below:-
After filling the complete information, submit all the forms with the concerned authority to avail the benefits of HP Mukhyamantri Yuva Swavalamban Yojana 2020.   

Main benefits of the plan

Young people who are in search of employment and do not get job opportunities according to their merit or qualification will be benefited. They can now focus on self-employment and the job loss can be reduced to a great extent. With the implementation of this Self Employment Scheme in Himachal Pradesh, the state youth will get a lot of help in setting up their business.

Eligibility Criteria for Mukhyamantri Yuva Swavalamban Yojana 2020 Himachal Pradesh

Any native of Himachal Pradesh, whose age is b/w 18 to 35 years can apply in this HP Mukhyamantri Yuva Swavalamban Yojana self employment scheme.

HP Mukhyamantri Swavalamban Yojana Subsidy Criteria / Rules

Subsidy for a male investor in Mukhyamantri Yuva Swavalamban Yojana 2020 

For man who wants to start their new business and wants to invest 40 lakhs for this, then govt. will provide special subsidy on the machinery cost by the government, the subsidy will be available upto 25%.

Subsidy for women investor in Mukhyamantri Yuva Swavalamban Yojana 2020

For woman who wants to start new business for herself, then govt. will provide subsidy of 30% on cost machinery as per her requirement of purchase. Although it is important to note that her investment should not be less than 4 million.

Interest subsidy on credit for Mukhya Mantri Swavalamban Yojana 2020

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. This will be given for the next 5 years.

Budget for HP Mukhyamantri Yuva Swavalamban Yojana 2020-21

In order to give new opportunities and employment to the youth under this scheme, the state govt. of Himachal Pradesh will soon announce its budgetary allocation. It is expected that the allocation will be more than the previous year which was Rs. 80 crore. In case more funds are needed, the amount allocated for it can also be increased.

Key Features of HP Mukhyamantri Swavalamban Yojana

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.

Reduction in Stamp Duty

The government will also reduce the amount of stamped by them to motivate the youth to participate more and more in self-employment schemes. For more details, check the link - Click Here. Under this project, if anybody wants to buy land, instead of 6%, stamp duty up to 3% will be given.

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