The Government of Himachal Pradesh on June 06, 2023, issued the Rajiv Gandhi Swarozgaar Yojana-2023 (RGSY-2023) to promote self-employment oriented opportunities in the State of Himachal Pradesh and to provide a livelihood to local youth by encouraging entrepreneurship.
The following has been stated:
• It is applicable to the youth of Himachal Pradesh, who are of the age of 18 years or more and up to the age of 45 years at the time of filling the common application form on the Departmental website (RGSY Portal), intending to set up new industrial Enterprises within the State. Upper age relaxation of 5 years is allowed for women.
• Enterprises sanctioned under this Scheme should come into commercial production within two (2) years from the date of disbursement of the first installment of loan by the bank under the Scheme for both manufacturing and service enterprises.
• The proprietary firms/Corporate/Legal entities like Companies/LLPs/Partnership Firms wherein 100% equity is held by Eligible Bonafide Himachali would also be eligible to avail of these incentives.
• The incentives under this Scheme shall only be applicable to Green Field Projects (New Projects).
• Only one person from the family is eligible for obtaining financial assistance under RGSY-2023. The family includes self, spouse, and minor children.
[Notification No. Ind.-A(F)2-1/2023]
