HP Mukhyamantri Swavalamban Yojana is a helpful scheme by the Himachal Pradesh government aimed at assisting unemployed youth to find jobs by encouraging self-employment. Through this scheme, people who want to start their own industry or service business can get a loan subsidy from the government. This article tells you everything about HP Mukhyamantri Swavalamban Yojana 2025 including benefits, eligibility, required documents, and how to apply online. If you want to know all about this scheme, keep reading.
HP Mukhyamantri Swavalamban Yojana 2025 Details
The Himachal Pradesh government started this scheme to encourage unemployed young people to launch their own businesses. The government offers a subsidy of 25% to 35% on loans. Loans up to Rs. 40 lakh get an additional 5% interest discount for 3 years. The repayment period is between 5 and 7 years. The scheme also offers low-cost industrial land. For more details, visit the Himachal Pradesh Berojgari Bhatta Yojana.
New Activities Added Under the Scheme
- Drilling Units
- Surveyor Units
- Oxygen Cryogenic Tanker Services
- Silk Reeling and Processing Units
- Ambulances
- EV Charging Stations
- Petrol Pumps
- Internet of Things based Vertical Farming
- Storage and Transport of Agricultural Products
- Vegetable Nurseries
- Fiber Enhancement Laboratories
- Manufacturing of Agricultural Tools
- Retail Shops for Agriculture
- Farm and Agro Tourism
- Cold Storage for Dairy Products
- Dairy Development Projects
- Small Service and Commercial Parks with Fodder Units
Scheme Summary
| Scheme Name | HP Mukhyamantri Swavalamban Yojana |
| Launched By | Himachal Pradesh Government |
| Beneficiaries | Himachal Pradesh Residents |
| Purpose | Promote Self-Employment |
| Official Website | http://mmsy.hp.gov.in/ |
| Year | 2025 |
| Launch Date | 9 February |
| Subsidy Rate | 25% to 35% |
Loan and Subsidy Details
Projects up to Rs. 60 lakh are covered. Industrial land is available at lower rates. If any false information is found during subsidy approval, the government and banks can recover the subsidy amount.
Purpose of the Scheme
The main goal of HP Mukhyamantri Swavalamban Yojana is to increase self-employment in Himachal Pradesh. It motivates unemployed youth to start businesses and helps reduce unemployment. The government provides loan subsidies to help more people benefit and improve their lifestyle with independence.
Banks Providing Subsidy Under the Scheme
- Public Sector Banks
- Regional Rural Banks
- Cooperative Banks
- Private Scheduled Commercial Banks
- Small Industries Development Bank of India (SIDBI)
Subsidy Rates
| Category | Subsidy Rate |
|---|---|
| Women | 30% |
| Widow Women | 35% |
| Others | 25% |
Benefits and Features of HP Mukhyamantri Swavalamban Yojana 2025
- Encourages self-employment for unemployed youth.
- Started on 9 February 2019.
- Offers subsidy on loans for starting industries or service sector businesses.
- Subsidy rates: 25% for men, 30% for women, 35% for widows.
- Provides 5% extra interest discount on loans up to Rs. 40 lakh for 3 years.
- Loan repayment period ranges between 5 to 7 years.
- Projects up to Rs. 60 lakh covered.
- Offers low-cost industrial land.
- Application is online through the official website.
- Helps reduce unemployment by creating more jobs.
- Government offers land on rent at 1% to youth.
- Stamp duty reduced from 6% to 3%.
Eligibility and Required Documents
- Applicant must be a permanent resident of Himachal Pradesh.
- Age between 18 and 45 years.
- Aadhar Card
- Residence Certificate
- PAN Card
- Passport size photograph
- Bank passbook
- Mobile number
How to Apply for HP Mukhyamantri Swavalamban Yojana 2025
- Visit the official website of the scheme.
- On the homepage, click on “Apply Online for Mukhyamantri Swavalamban Yojana” link.
- Fill in details like email ID, mobile number, name, address etc.
- Click the Register button to complete the application.
How Applicants Can Login
- Go to the official scheme website.
- Click on the “Applicant Login” button on the homepage.
- Enter email ID, password and captcha code.
- Click Login to access your account.
How Banks Can Login
- Visit the official scheme website.
- Click on the “Bank Login” button.
- Enter username, password and captcha code.
- Click Sign In to proceed.
How Officers Can Login
- Visit the official website.
- Click “Officer Login” on homepage.
- Enter username, password and captcha code.
- Click Sign In to access your panel.
Contact Information
If you have any problems or need help regarding HP Mukhyamantri Swavalamban Yojana, you can contact the helpline below:
- Helpline Number – 0177-2813414
- Email – mmsyhp2018@gmail.com