What this scheme offers
The Rajiv Gandhi Swarozgar Yojana, rolled out in 2023, helps Himachal youth start their own enterprises. It gives an investment subsidy of 25% on plant, machinery and equipment up to a maximum investment ceiling of ₹60 lakh, raised to 30% for Scheduled Castes and Scheduled Tribes and 35% for women-led enterprises and divyangjan. It also gives a 50% subsidy on buying electric taxis, buses and trucks, and covers commercial solar projects up to one megawatt, dental clinics and fisheries with processing. Banks provide 90% of the project cost as a loan and the beneficiary brings 10%. In July 2026 the upper age limit was raised from 45 to 50, with the minimum staying at 23 and women getting five more years. A second phase offers solar start-ups to youth aged 21 to 45 with a 30% government equity share.
Who is eligible
- A permanent resident of Himachal Pradesh aged 23 to 50 years; women get a further five years on the upper limit.
- For the investment subsidy: a project in plant, machinery or equipment, up to the ₹60 lakh ceiling.
- For the 50% e-taxi subsidy: the applicant must be at least 23 years old.
- The beneficiary contributes 10% of the project cost and the bank lends 90%.
Documents required
- Himachal resident certificate and Aadhaar card
- Detailed project report and quotations for machinery or vehicle
- Caste or disability certificate, where claiming the higher subsidy
- Bank loan sanction letter
- Educational and age proof, passport-size photographs
How to apply
- Prepare a project report and decide the category — investment subsidy, e-vehicle or solar project.
- Apply through the department's online portal or your District Industries Centre or Employment Office.
- Approach a bank for the loan covering 90% of the project cost, after paying the 10% margin.
- Once the loan is disbursed and the asset is bought, the subsidy is released; the e-taxi subsidy is to follow within three months of the margin money and first instalment.
- Keep invoices and registration papers ready for verification.