The government of Himachal Pradesh with the objective to benefit the youth of Himachal Pradesh has decided to launch this scheme and merged it with another scheme i.e Mukhya Mantri Yuva Aajeevika Yojana in 2018.
To promote self-employment
To improve the placement rates of fresh college graduates of three and four-year degree courses in IT and ITeS sectors.
Applicant must be a permanent resident of Himachal Pradesh
Age of the applicant should be between 18-25 years
Unemployed youth will get a 25% subsidy on machinery with an investment of Rs. 40 lakh in the industry.
Mukhyamantri Swawlamban Yojna is in operation since 2019 and has achieved its target, a lot of youth of the state are positively influenced by the scheme, so, if one fulfill the above eligibility criteria, can opt for Mukhyamantri Swawlamban Yojna and Mukhyamantri Yuva Aajeevika Yojna.