Delhi Mukhyamantri Swavlamban Rozgar Yojana

Small Scale Industries/ Business Owners and Shopkeepers of Delhi will now avail the loan benefit up to Rs. 10,00,000/- to expand their business operations under Mukhyamantri Swavlambam Rozgar Yojana. 18 Years or above age applicant can apply for loan under this scheme and avail the benefit subsidy on loan. Read the complete article know more.

Introduction of Delhi Mukhyamantri Swavlamban Rozgar Yojana: A Brief Insight

• On 20th of December 2024, the Minister of Delhi Government Shri Saurabh Bharadwaj announced a major welfare scheme for the people of Delhi.
• The name of Scheme is “Mukhyamantri Swavlamban Rozgar Yojana”.
• The main aim behind announcing this scheme is to empower small-scale industries businesses and Shopkeepers of Delhi by providing them with financial support in terms of easy loans.
• Financial Support as loan provided under Mukhyamantri Swavlamban Rozgar Yojana of Delhi Government will help business owners to expand their area of operating and this will also help to create empowerment opportunities for others also.
• Through this initiative of Delhi Government, the small-scale businesses and industries and shopkeepers of Delhi will make themselves financially self-reliant.
• Khadi & Village Industries Board of Delhi Government is the implementing department of this scheme.
• The other major known name of this schemes are “Delhi Chief Minister Swavlamban Rozgar Scheme” or “Delhi Mukhyamantri Swavlamban Rozgar Scheme”.
• Government of Delhi will provide business loans to eligible shopkeepers and small scale industries owners under Mukhyamantri Swavlamban Rozgar Yojana.
• Beneficiary can avail maximum loan up to Rs. 10,00,000/- (Rs. 10 lakh) under this scheme.
• However, loans provided under Mukhyamantri Swavlamban Rozgar Yojana is not collateral free, beneficiary has to mortgage some collateral security in order to secure loan under this scheme.
• But there is a provision of subsidy in this scheme and according to beneficiary category the following subsidy on loan will be provided under Delhi Mukhyamantri Swavlamban Rozgar Yojna :-
  

  Applicant Category	Susbidy on Loan Amount
  General	10%
  Women Schedule Caste Schedule Tribe Ex-Servicemen	15%
  Disabled Widow	20%

• Beneficiary will also have to pay interest on loans taken under Mukhyamantri Swavlamban Rozgar Yojana which will be applicable as follows :-
  

  Loan Amount	Interest Rate
  Up to Rs. 5,00,000/-	6%
  From Rs. 6,00,000/- to Rs. 10,00,000/-	7%

• Mukhyamantri Swavlamban Rozgar Yojana will specifically focus and aims to provide benefits mainly to the following peoples:-
  • School or College Dropout whose Age is 18 Years and above.
  • Single Entrepreneurs.
  • Artisans.
  • Trade Professionals.
  • Widows.
  • Physically Handicapped People.
• Sectors eligible to get loans under Delhi Government’s Mukhyamantri Swavlamban Rozgar Yojana are mentioned below :-
  

  Secondary Sectors :- Cottage and Small Scale Industries Industries. Tertiary Sectors :- Trade. Transportation. Hostels. Restaurants. Service Sectors.

• If applicant is a bank defaulter or misused loans earlier then he/she is not eligible to apply for business loan under Mukhyamantri Swavlamban Rozgar Yojana of Delhi Government.
• Beneficiaries in the age group of 18 years to 55 years and have small scale industries or businesses or shopkeepers are eligible to get loan under this scheme for their business.
• Only this much information is available about this scheme according to government sources.
• Mukhyamantri Swavlamban Rozgar Yojana of Delhi Government will be expected to launch after Legislative Assembly Election.
• The other major welfare schemes announced by Aam Aadmi Party as their pre election promises are “Mukhyamantri Mahila Samman Yojana” “Mukhyamantri Sanjeevani Yojana” and “Pujari Granthi Samman Yojana”.
• Application Form, Guidelines or any Portal of Delhi Mukhyamantri Swavlamban Rozgar Yojana is not currently available.
• As soon as this scheme gets launched by Delhi Government, we will update the page.

Benefits Provided to Eligible Beneficiaries

• Government of Delhi will provide the following benefits to small-scale industries, businesses and shopkeepers under its newly announced Mukhyamantri Swavlamban Rozgar Yojana :-
  

  Loan will be provided to Expand Businesses. Beneficiary can avail Maximum Loan up to Rs. 10,00,000/-. (Rs. 10 Lakh) Subsidy on Loan will also provided to beneficiaries :- 10% Subsidy on Loan to General Category Applicant. 15% Subsidy on Loan to Women, Schedule Caste/ Tribe and Ex-Servicemen Applicant. 20% Subsidy on Loan to Disabled and Widow Applicant. This Scheme is not Interest Free, Following Interest Rates will be applicable :- 6% Interest on Loan up to Rs. 5,00,000/-. (Rs. 5 Lakh) 7% Interest on Loan from Rs. 6,00,000/- to Rs. 10,00,000/-.

Eligibility Conditions Required to be Fulfilled

• Loan up to Rs. 10 Lakh under Delhi Government’s Mukhyamantri Swavlamban Rozgar Yojana will be provided to only those beneficiaries who fulfill the following eligibility criteria of scheme :-
  • Permanent Residents of Delhi are Eligible to Apply.
  • Beneficiary Age should be between 18 Years to 55 Years.
  • Beneficiary should be a Small Scale Businessmen or Shopkeepers.
  • Beneficiary can avail Maximum Loan Facility up to Rs. 10 Lakh.
  • Collateral Security to Mortgage in Bank will be Required.
  • Bank Defaulters are not Eligible to Apply.

Documents Required to be Attached

• It is to be expected that the mentioned documents will be attached with the Application Form of Mukhyamantri Swavlamban Rozgar Yojana of Delhi Government at the time of applying for loan :-
  • Any Residence Proof of Delhi.
  • Voter Identity Card.
  • Beneficiary Aadhar Card.
  • Details of Businees Proposal.
  • Mobile Number and Email.
  • Beneficiary Photograph.
  • Bank Account Details with IFSC Code.
  • Documents of Property for Collateral Security.

How Beneficiaries Can Avail the Benefit of this Scheme

• Right now Delhi Government’s Mukhyamantri Swavlamban Rozgar Yojana is just a pre election promise of AAP Government.
• Like other announced schemes, the Application process of this scheme is also not clear.
• Delhi Government’s Khadi & Village Industries Board is the nodal department of this scheme so the application process will be decided by the board.
• If the application mode is offline then Offline Application Form of Delhi Mukhyamantri Swavlamban Rozgar Yojana can be collected from Khadi & Village Industries Board Office.
• Whereas if the application mode is online then it is to be expected that Portal of Mukhyamantri Swavlamban Rozgar Yojana of Delhi Government will be started by the board.
• This much information about this scheme is only available right now.
• As soon as we get any update about the application process of this scheme we will update the same.
• Beneficiary Selected under Mukhyamantri Swavlamban Rozgar Yojana will get loan up to Rs. 10,00,000/- for their small scale industries or shopkeeper businesses.
• In order to avail the benefit of this scheme, beneficiary will have to wait little bit more.

Important Links Available

• Application Form and Official Guidelines of Mukhyamantri Swavlamban Rozgar Yojana will be released by Delhi Government after its launch.
• Official Website of Delhi Khadi & Village Industries Board.

Contact Details in Case of Help Needed

• Contact Numbers of Mukhyamantri Swavlamban Rozgar Yojana will be released after its launch.
• Contact Numbers of Delhi Khadi & Village Industries Board.
• Address of Delhi Khadi & Village Industries Board :-
  5th Floor, Nigam Bhawan (Old Hindu College),
  Kashmere Gate, Delhi – 110006.