Sarkari Yojana
Chief Minister’s Self Employment Scheme
About Chief Minister’s Self Employment Scheme
Launched by the Department of Personnel, and Reforms, Training, Public Grievances, Government of Sikkim, the “Chief Minister’s Self Employment Scheme” gives loans to jobless young people from below-poverty-line backgrounds. It acts as a bridge programme for all unemployed youth trained at the Constituency-wise Livelihood schools across the State, whatever their age or education, so that they can launch their own ventures in business, services and industry.
Scheme Overview
State Government
Individual
16 Oct 2008
Scheme Details
Eligibility Requirements
To qualify for Chief Minister's Self Employment Scheme, applicants must satisfy the following conditions:
The applicant must be without a job
The applicant must be without a job.
The applicant must be aged from 22 to…
The applicant must be aged from 22 to 35 years.
The applicant must have cleared the 10th class
The applicant must have cleared the 10th class.
The family's yearly income must not be more…
The family's yearly income must not be more than ₹2,50,000/-.
Just one person per family can benefit, except…
Just one person per family can benefit, except in Below Poverty Line (BPL) families.
Benefits Provided
Chief Minister's Self Employment Scheme provides the following benefits to eligible applicants:
Each individual can borrow up to ₹3,00,000/-
Each individual can borrow up to ₹3,00,000/-.
No interest is charged for the first 2…
No interest is charged for the first 2 years; after that, simple interest of 6% applies. Note: Should the borrower die, the co-applicant must repay the outstanding loan, but only the principal amount, within a period of no more than one year.
Documents Required
Applicants should keep the following documents ready before starting the application:
Certificate of income attested by the District Collector
Certificate of income attested by the District Collector.
A sworn affidavit declaring that the applicant is…
A sworn affidavit declaring that the applicant is unemployed and has no pending dues.
Certification that the proposed project is feasible
Certification that the proposed project is feasible.
2008-10-16
How to Apply
Offline Application
Applicants can apply for Chief Minister's Self Employment Scheme through the offline application process outlined below.
In office hours, go to the Sikkim Industrial…
In office hours, go to the Sikkim Industrial Development & Investment Corporation and ask the staff specifically assigned to issue and receive applications for a printed copy of the prescribed form.
Complete all compulsory fields in the form and…
Complete all compulsory fields in the form and enclose copies of the required documents (self-attested where asked).
Hand in the completed and signed form with…
Hand in the completed and signed form with the documents at the Sikkim Industrial Development & Investment Corporation.
Obtain a receipt or acknowledgement from the Sikkim…
Obtain a receipt or acknowledgement from the Sikkim Industrial Development & Investment Corporation, checking that it records the date and time of submission and a unique reference number (if any).
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.