Are You A Student From Himachal Pradesh ? Here Are Some Government Schemes You Can Benefit From

Out of approximately 1.5 billion Indians, 50% of the population is younger than 25. Most of these young Indians are studying or have studied and are looking for jobs. To stimulate the nation’s growth by Capitalizing on its youth, the Government of India offers various welfare schemes to students and the unemployed to help them become self-reliant and productive members of society.

Swavlamban Yojana

The Swavlamban Yojana or the Mukkhya Mantri Swawlamban Yojana aims toward the youth of Himachal Pradesh to be self-employed and self-reliant. Under the Swavlamban Yojana, Fresh college graduates with 3-4 year degree courses in the ‘Information Technology’ and ‘Information Technology Enabled Services’ sectors will benefit from improved placement rates. Also, unemployed youth who invest INR 40 lakh or more in the industry will be provided with a 25% subsidy for their investment. These benefits, if availed of correctly, will be beneficial for the financial independence of the Himachali youth.

How to Apply for Swavlamban Yojana –

• Use the ‘Emerging Himachal’ website of the state government, https://emerginghimachal.hp.gov.in/
• Click on the schemes/policies button in the menu tab.
• Click on the button that reads ‘Mukhyamantri Swawlamban Yojana.’
• Select the substrata of your choice.
• An application page will appear.
• Fill up the application form on the website and submit the form.

Eligibility Criteria for Swavlamban Yojana –

• The beneficiary of the scheme should be a permanent inhabitant of Himachal.
• The prospect should fall in the age bracket of 18-25 years.
• The candidate should belong to the Information Technology or the ITes sector.

Required Documents for Swavlamban Yojana –

• Aadhaar Card
• Bank account Passbook
• Certificate of Residence
• PAN card
• Passport sized photographs
• Phone Number
• Proof of Investment

Gyaandeep Yojana

The ‘Mukkhaya Mantrii Gyaandeep Yojana’ or the ‘CM Gyaandeep Yojana’ aims toward helping out the students of Himachal Pradesh by providing subsidiary benefits on Education loans. Under this scheme, the suitable student candidates of Himachal will get an interest subsidy of up to 4% on their education loans up to Rs10 lakh.

How to Apply for Gyaandeep Yojana –

• Desiring applicants can apply online using the ePASS website of the Himachal Pradesh Government, https://hpepass.cgg.gov.in/NewHomePage.do
• For offline applications, applicants can fill out application forms in concerned bank branches or can get the forms from the Directorate of Higher Education.

Eligibility for Gyaandeep Yojana –

• The Applicant must have a bona fide Himachali Certificate.
• The applicant must have passed class 12.
• The applicant of the Gyandeep yojana should be a student of a recognized institution in the nation.
• The applicant must disclose the yearly income of his/her family.
• The applicant must not avail of the benefit of interest subsidy via any other scheme, either central or of any state.
• The subsidy will be provided on loans availed to pursue higher education courses from institutions recognized in India.

Required Documents for Gyaandeep Yojana –

• Himachali Bonafide Certificate.
• A certificate from the concerned institution(recognized).
• Certificate of Income
• Document supporting association to the recognized Educational Institutions
• Class 12 certificate.