For the manufacturing sector enterprise, the maximum project cost is тВ╣25,00,000.
For the service and business sector, the maximum project cost is тВ╣10,00,000.
**2. Margin Money as Grant (Subsidy):**
**Category A:** 25% of the total project cost, with a maximum of тВ╣6,25,000 for manufacturing and тВ╣2,50,000 for service and business activity, whichever is lower.- **Category B & B+:** 20% of the total project cost, with a maximum of тВ╣5,00,000 for manufacturing and тВ╣2,00,000 for service and business activity, whichever is lower.- **Category C & D:** 15% of the total project cost, with a maximum of тВ╣3,75,000 for manufacturing and тВ╣1,50,000 for service and business activity, whichever is lower.
> **Mode of Disbursement:**
Funding will be provided to eligible manufacturing, service establishments, and business activities through nationalized banks, regional rural banks, state cooperative banks, and other scheduled banks.
Margin money is provided as a grant by the Department of Micro, Small and Medium Enterprises, Government of Uttarakhand.
> **Frequency of Disbursement:**
The frequency of loan disbursement is not explicitly stated but generally depends on the project's financing schedule.
The margin money, acting as a grant, is adjusted after 2 years of successful operation.
> **Expected Time of Disbursement:**
The margin money will be adjusted as a grant upon successful operation of the enterprise for 2 years.
> **Validity:**
The grant adjustment is valid after 2 years of successful enterprise operation.
The applicant must be at least 18 years of age at the time of application.
No educational qualification is required.
Under the scheme, a financing facility shall be available for the service and business sector industry.
The applicant or unit should not be a defaulter of any Nationalised Bank / Financial Institution/ Co-operative Bank or Institution, etc.
The applicant must have not availed benefits from any self-employment scheme of the Government of India or the State Government in last 5 years, but if the applicant has received benefits five years ago from any other self-employment scheme of the Government of India or State Government and is not a defaulter, then he can get funding under the scheme for the expansion of his enterprise.
The applicant or any single member of his family shall be benefited only once under the scheme.
An affidavit shall have to be furnished by the applicant regarding the fulfilment of eligibility conditions.
The applicant should be an enterprising youth of the State, a migrant returned to Uttarakhand due to COVID-19, a skilled or unskilled artisan, a handicraftsman, or an educated urban or rural unemployed person.
The financing facility shall be available for service and business sector industries.
> **Preference/Priority/Reservation/Relaxation:**
Beneficiaries of special categories (Scheduled Castes, Scheduled Tribes, Other Backwards Classes, Minorities, Ex-Servicemen, Women, and Persons with Disabilities) will have to submit 5% of the total project cost as their own contribution, compared to 10% for general category beneficiaries.
On receipt of excessive applications, the selection of beneficiaries shall be done on a First-Come, First-Served basis, considering project viability.
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**Online**
> **Registration Process:-**
**Step 1:** Visit the [official website](https://msy.uk.gov.in/) of Uttarakhand Swarojgar Yojnaein.
**Step 2:** Select the Mukhyamantri Swarojgar Yojna (MSY).
Proceed by clicking on View Scheme.
**Step 3:** Look for a button labelled "Register" (top right corner).
Click on the "Register" button.
**Step 4:** Enter your Mobile Number, Email, Name and Create Password.
1. The applicant must be at least 18 years of age at the time of application.
1. No educational qualification is required.
1. Under the scheme, a financing facility shall be available for the service and business sector industry.
1. The applicant or unit should not be a defaulter of any Na...
**1. Financial Assistance (Loan):**
- For the manufacturing sector enterprise, the maximum project cost is тВ╣25,00,000.
- For the service and business sector, the maximum project cost is тВ╣10,00,000.
**2. Margin Money as Grant (Subsidy):**
- **Category A:** 25% of the total project cost,...