Uttarakhand Mukhyamantri Swarojgar Yojana 2.0 2026: Apply Online for Loan Up to Rs 25 Lakh at msy.uk.gov.in

Uttarakhand Mukhyamantri Swarojgar Yojana 2.0: Uttarakhand government is accepting online applications for Mukhyamantri Swarojgar Yojana 2.0 at msy.uk.gov.in. MSY 2.0 is the revamped version of the state self-employment scheme and is open from financial year 2025-26 to financial year 2029-30.

Under MSY 2.0, a beneficiary can get a bank loan of up to Rs 25 lakh for a manufacturing unit and up to Rs 10 lakh for a service or trade business. Banks give 90% of the project cost as loan for the general category and 95% for the special category, and the government also pays margin money subsidy on the approved project cost.

Uttarakhand Mukhyamantri Swarojgar Yojana 2.0 Apply Online

Application for the scheme is made online through the official website msy.uk.gov.in. District Industries Centres also help applicants prepare their project reports and fill the form. The complete process to apply for Mukhyamantri Swarojgar Yojana 2.0 is given below.

STEP 1 - Visit the official scheme website at https://msy.uk.gov.in/.

STEP 2 - On the homepage, open the Online Application section in the main menu and click the Register link, or go directly to the online registration page.

STEP 3 - The Uttarakhand Mukhyamantri Swarojgar Yojana online registration form will open on the screen as shown below.

STEP 4 - Create an account using name, e-mail ID, mobile number, password, Aadhaar number, PAN number, address, district, town and Pin Code.

STEP 5 - After registration, open the login page and enter your e-mail ID and password to start filling the application form.

STEP 6 - In the application form, fill the project details, project cost, bank details and other required fields. Upload the project report and the required documents. For a project above Rs 10 lakh, the project report has to be certified by a chartered accountant.

STEP 7 - Submit the application after checking all details. The District Industries Centre checks the form within 3 working days and the district level committee selects the project. Selected applications are sent to the bank online.

Eligibility for Uttarakhand Mukhyamantri Swarojgar Yojana 2.0

Eligibility for the scheme has been kept simple in the official MSY 2.0 notification. Applicants have to meet these conditions to get the benefit.

• The minimum age of the applicant should be 18 years on the date of application.
• Applicant must be a permanent or native resident of Uttarakhand and needs a permanent residence certificate issued by the competent authority.
• The applicant should not be a defaulter of any bank, financial institution or cooperative bank.
• A person can get the benefit of the scheme only once in a lifetime. Only one member from a family, which means husband, wife and unmarried children below 21 years, can apply under it.
• Applicant should not have availed the benefit of any other self-employment and self-employment scheme of the state or central government in the last 5 financial years. If the earlier benefit was taken more than 5 years ago and the applicant is not a defaulter, loan can be given for expansion of the enterprise.
• There is no minimum educational qualification required for this scheme.
• The proposed unit must be in the list of permitted activities and the project should be commercially viable.
• Special category candidates, which include SC, ST, OBC, minority, ex-servicemen, women and disabled persons, have to submit self-attested certificates issued by the competent authority.
• An affidavit on stamp paper has to be submitted about fulfilling the eligibility conditions mentioned in the scheme.

Selected candidates are chosen on the basis of project viability, eligibility conditions, the district target and the First Come First Serve basis.

Documents Required for Mukhyamantri Swarojgar Yojana 2.0

While submitting the online application, applicants have to upload self-attested scanned copies of these documents.

• Copy of the applicant's Aadhaar card.
• Copy of the permanent or native residence certificate of Uttarakhand.
• Project report of the proposed enterprise. It is self-attested for projects up to Rs 10 lakh and CA certified for projects above Rs 10 lakh.
• Passport size photograph of the applicant, not older than 6 months.
• Certificate of the eligible special category issued by the competent authority, if any.
• Affidavit on stamp paper saying all the information given is correct.
• Copy of the lease deed in case the workshop or shop is on rent. This can be submitted after selection.
• Quotations of the current rates for construction or repair of the workshop or shop and for plant and machinery. These can also be submitted after selection.

Loan and Subsidy in UK Swarojgar Scheme

MSY 2.0 is a bank linked self-employment scheme. The beneficiary contribution and the bank loan share are fixed in the official rules.

Beneficiary Category	Own Contribution	Bank Loan Share
General Category	10% of Project Cost	90% of Project Cost
Special Category (SC, ST, OBC, Minority, Ex-Servicemen, Women, Disabled)	5% of Project Cost	95% of Project Cost

Subsidy or margin money under the scheme depends upon the project cost and the district where the project will be set up. Districts of Uttarakhand are divided into categories A, B, C and D in the state MSME Policy. The margin money rates are as follows.

Project Cost	Category A and B Districts	Category C and D Districts
Up to Rs 2 Lakh	30%	25%
More than Rs 2 Lakh and up to Rs 10 Lakh	25%	20%
More than Rs 10 Lakh and up to Rs 25 Lakh	20%	15%

Extra margin money of 5% is also available under the following categories and only one of these boosters can be used for a project.

• Geographical booster: Extra 5% subsidy for units set up in the rural areas and notified Nagar Panchayat areas.
• Social booster: Extra 5% subsidy for women and disabled beneficiaries.
• Product booster: Extra 5% subsidy for units making ODOP, ODTP or GI tagged products of Uttarakhand.

This margin money is kept as a term deposit in the bank, and after the project runs for 2 financial years without default, it is adjusted in the bank loan account of the beneficiary as subsidy. If the project is found non-functional during inspection, the margin amount is returned by the bank.

Benefits of Mukhyamantri Swarojgar Yojana 2.0

People planning to start gymnasiums, beauty parlours, dhabas, mobile repairing shops, tailoring units, food processing or small manufacturing units can take the benefit. Returned migrants who have skill and work experience from other states find it easy to open their own unit under the scheme and generate employment for other people in their area.

In the earlier period of the scheme, more than 39,000 beneficiaries were linked with self employment and more than one lakh jobs were created in the state. In the new MSY 2.0 period, the government has set a target to connect more than 50,000 beneficiaries with self employment.

The scheme remains open for new applications for the current financial year 2026-27, so interested youth and women can submit their form online before the district target fills up.

Implementation of MSY 2.0

Micro, Small and Medium Enterprises department of Uttarakhand is the main department for MSY 2.0. Directorate of Industries operates the scheme at the state level, while District Industries Centres run it at the district level. District offices of the Khadi and Village Industries Board also get fixed district targets under the scheme.

The district committee meets every 15 days or less to check and select applications, after which applications are forwarded to the bank online. Banks decide about loan up to Rs 5 lakh within 2 weeks and loans up to Rs 25 lakh within 3 weeks. Loan disbursement should happen within 15 days of sanction and the repayment period is not less than 2 years.

Highlights of MSY 2.0

Scheme Name	Mukhyamantri Swarojgar Yojana 2.0 (MSY 2.0)
State Name	Uttarakhand
Nodal Department	Micro, Small and Medium Enterprises Department, Directorate of Industries
Scheme Period	Financial Year 2025-26 to 2029-30
Beneficiaries	Youth, returned migrants, artisans, women, disabled and unemployed people
Project Cost Limit	Rs 25 Lakh for manufacturing and Rs 10 Lakh for service or trade
Bank Loan	90% for general, 95% for special category
Subsidy	15% to 30% based on project cost and district, plus 5% booster
Application Mode	Online
Official Website	msy.uk.gov.in
Scheme Notification	Download MSY 2.0 Scheme Notification PDF

Similar tourism-linked self employment support is also available under the state tourism department. Check the details of the Veer Chandra Singh Garhwali Paryatan Swarojgar Yojana to know about the help for tourism related projects.

FAQ's

What is Uttarakhand Mukhyamantri Swarojhay Yojana 2.0?

MSY 2.0 is the latest version of the Uttarakhand self employment scheme which gives margin money subsidy up to 30% plus the possible 5% booster on a new manufacturing, service or trading business. The scheme remains open for applications from financial year 2025-26 to 2029-30.

How much loan is available under this scheme?

Loans up to Rs 25 lakh are available for manufacturing units and up to Rs 10 lakh for service or trade enterprises. The general beneficiary contributes 10% of the project cost and the special category contributes 5%.

How much subsidy is given by the government?

The subsidy ranges from 15% to 30% of the project cost depending upon the project cost and the category of the district. An additional 5% can be added through the geographic, social or product type and booster.

Who can apply for MSY 2.0?

Permanent residents of Uttarakhand who are above 18 years of age, are not defaulters in any bank and have not used any other self employment scheme of the government in the last 5 financial years can apply for the scheme.