Mukhyamantri Swarozgar Yojana Ati Sukshm (Nano) Udhyam

Description
The scheme “Mukhyamantri Swarozgar Yojana Ati Sukshm Nano Udhyam” is implemented by the Micro, Small, and Medium Enterprises MSMEs Department under the Department of Industries, Government of Uttarakhand. The scheme aims to promote self-employment and entrepreneurship among the residents of Uttarakhand by providing financial assistance through banks to facilitate the establishment of new micro nano enterprises as well as the expansion of existing businesses.

Benefits
• To strengthen small entrepreneurs and businessmen in rural and urban areas, financing of up to ₹50,000/- is provided through banks for setting up micro enterprises or businesses. This financial assistance is also available for the expansion of existing businesses. The subsidy structure is as follows:
• Subsidy for Category A districts: 35% for the general category (maximum ₹17,500/-) and 40% for the special category (maximum ₹20,000/-).
• Subsidy for Category B and B+ districts: 30% for the general category (maximum ₹15,000/-) and 35% for the special category (maximum ₹17,500/-).
• Subsidy for Category C and D districts: 25% for the general category (maximum ₹12,500/-) and 30% for the special category (maximum ₹15,000/-).
• The category-wise classification of districts is provided in [Annexure-2](https://uk.gov.in/department92/library_file/file-04-12-2023-06-02-23.pdf) (Page No. 157).
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Eligibility Criteria
1. The applicant must be a native or permanent resident of Uttarakhand.
2. The applicant must be at least 18 years of age.
3. No educational qualification is required for availing the benefits under this scheme.
4. The applicant must hold an account with the financing bank in the concerned area.
5. The applicant or entity must not be a defaulter of any bank, nationalized bank, financial institution, or cooperative bank/institution.
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Required Documents
• Applicant’s photograph
• Aadhaar card
• Permanent/residence certificate
• Special category/caste certificate (if applicable)
• Project report
• Affidavit
• Education certificate
• Bank account details copy
• Disability certificate (if applicable)
• Ration card

Frequently Asked Questions
Q: Who can apply for the scheme?
A: Any permanent resident of Uttarakhand who is at least 18 years old and is not a defaulter of any bank or financial institution can apply. There is no educational qualification requirement.
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Q: How is financial assistance provided?
A: Financial assistance is provided through banks, up to a maximum of ₹50,000 for setting up or expanding micro (nano) enterprises.
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Q: Can existing businesses also avail of this scheme?
A: Yes, financial assistance is available for upgrading or expanding existing small-scale businesses.
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Q: How do I apply for the scheme?
A: Applications must be submitted online through the portal [www.msy.uk.gov.in](https://msy.uk.gov.in/frontend/web/index.php). Eligible applications are forwarded to banks for funding.
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Q: Is there a minimum project duration to receive the subsidy?
A: Yes, the prescribed subsidy will be released only after the project has been successfully operated for one continuous year.
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Q: Are there any age limits for applying?
A: The applicant must be at least 18 years old at the time of application.
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Q: What happens if the applicant is a bank defaulter?
A: Applicants who are defaulters of any nationalized bank, cooperative bank, or financial institution are not eligible for the scheme.
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