25% Capital Investment Subsidy Scheme
The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
The scheme aims to promote tourism-based self-employment and entrepreneurship among unemployed residents of Uttarakhand by providing financial assistance and subsidies for the development of tourism-related infrastructure and services. This scheme is applicable in entire Uttarakhand.
The scheme aims to promote tourism-based self-employment and entrepreneurship among unemployed residents of Uttarakhand by providing financial assistance and subsidies for the development of tourism-related infrastructure and services. This scheme is applicable in entire Uttarakhand.
The scheme “Veer Chandra Singh Garhwali Paryatan Swarojgar Yojana” was launched by the Department of Tourism, Government of Uttarakhand. The scheme aims to promote tourism-based self-employment and entrepreneurship among unemployed residents of Uttarakhand by providing financial assistance and subsidies for the development of tourism-related infrastructure and services. This scheme is applicable in entire Uttarakhand.
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Under this scheme, both vehicle items (ordinary bus, taxi, max, electric bus) and non-vehicle items (hotel/paying guest scheme, construction of motor garage/workshop, establishment of fast food centres, establishment of Sadhna Kutir Yoga Meditation centres, adventure activities, establishment of modern tourist information centres with P.C.O. facility, development of tented residential facilities, establishment of sales centres for local handicrafts and symbolic items, establishment of bakery, establishment of laundry, purchase of equipment for terrain bikes, star gazing and bird watching for tourism, herbal tourism, purchase and operation of kayaking/boats, caravan/motor home tourism, purchase of angling equipment, construction of museums containing memorabilia and establishment of memorabilia/souvenir centres, construction of floating hotels, and establishment of centres for providing trekking equipment, suits, jackets, etc. on rent) are included. Apart from the above, applicants can also submit any innovative project based on the attractions and characteristics of their particular area.
The following grants/subsidies are provided under the scheme:
(a) Non-vehicle items: A grant of up to 33% of the project cost, with a maximum of ₹33.00 lakh in hilly areas, and up to 25% of the project cost, with a maximum of ₹25.00 lakh in plain areas.
(b) Vehicle items: A grant of up to 25% of the project cost, with a maximum of ₹10.00 lakh in both hilly and plain areas. For specific buses/electric buses—pushback 30 and 42 seater (2*2), pushback 26–28 seater, and 42 seater (2*2) electric/air-conditioned buses—a grant of 50% of the project cost, up to a maximum of ₹20.00 lakh, is provided. This provision applies only to buses/electric buses meeting the prescribed criteria, with a maximum of 50 buses/electric buses eligible per financial year.
To avail the subsidy under the scheme, the applicant must contribute 12.5% of the total project cost as Margin Money.*
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Step 1: Online application
• To avail the benefits of the scheme, applications must be submitted online through the MSY Portal: https://msy.uk.gov.in/. During the application process, the applicant is required to upload the following documents: Aadhaar card, Aadhaar-linked mobile number, permanent residence certificate, photograph, identity proof, affidavit, proof of the proposed work, proof of proposed investment, educational qualifications, bank account details, caste certificate, disability certificate (if applicable), ration card, valid driving license (for vehicle purchases), training-related documents (for non-vehicle projects), and any other relevant documents. - After submission, the application is forwarded to the District Tourism Development Officer of the concerned district. The District Tourism Officer schedules a meeting of the committee, chaired by the District Magistrate, and calls the applicants for an interview on the scheduled date. Following the interview, the approved proposals are sent online to the bank branch selected by the applicant for obtaining a loan. The bank initiates the loan approval process. Once approved, the bank informs the District Tourism Officer and disburses the loan amount to the applicant’s account. • Upon completion of the vehicle purchase or non-vehicle project, the applicant must notify the District Tourism Development Officer. Subsequently, departmental officials conduct an inspection. After verification and confirmation of completion, the department releases the approved grant to the applicant’s bank branch in accordance with the regulations. • Applications can be submitted at any time. Loans under the scheme are sanctioned by banks at prescribed interest rates and in accordance with bank regulations. <br>
Applicants must be unemployed and native/permanent residents of Uttarakhand. “Unemployed” means a person not engaged in any business, enterprise, or profession. <br>
The scheme supports vehicle-based projects (ordinary bus, taxi, max, electric bus) and non-vehicle projects (hotels, guest houses, fast food centres, yoga/meditation centres, adventure activities, tourist information centres, tented accommodations, souvenir sales centres, bakeries, laundries, terrain bikes, kayaking/boats, museums, trekking equipment rentals, and other innovative tourism projects). <br>
Yes. Applicants can submit any innovative project based on local attractions and characteristics. <br>
- Hilly areas: 33% of the project cost, maximum ₹33.00 lakh. - Plain areas: 25% of the project cost, maximum ₹25.00 lakh. <br>
- Standard vehicles: 25% of the cost, up to ₹10.00 lakh. - Specific buses/electric buses (pushback 26–28, 30–42 seater, AC/electric buses): 50% of the cost, up to ₹20.00 lakh. - Maximum 50 buses/electric buses can be supported in a financial year. <br>
Yes. Applicants must contribute 12.5% of the total project cost as Margin Money. <br>
No. Applicants must not be defaulters of any bank or financial institution. <br>
Applications are submitted online through the MSY Portal: https://msy.uk.gov.in/. <br>
The committee evaluates the applicant’s proposal and approves suitable applications. <br>
Approved proposals are sent to the bank branch chosen by the applicant. The bank initiates the loan approval process according to its regulations and prescribed interest rates. <br>
After project completion, the applicant informs the DTDO. Department officials conduct an inspection, and upon confirmation, the approved grant is released to the applicant’s bank account. <br>
Applications are accepted only on the official government portal.
Open Official WebsiteThe Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
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