The Vir Chandra Singh Garhwali Paryatan Swarozgar Yojna is specifically designed to boost tourism and self-employment in Uttarakhand. Here’s an in-depth look at eligibility criteria, application steps, and how beneficiaries can take advantage of this scheme:

Eligibility Criteria

(a) Resident of Uttarakhand

Applicants must be permanent residents of Uttarakhand.

(b) Age Requirement

The age limit generally ranges from 18 to 55 years, though it can vary based on specific categories.

(c) Educational Qualification

There is no stringent educational qualification required, making it accessible to a broad audience. However, basic literacy and a background in tourism-related activities can be beneficial.

(d) Project Viability

Applicants must propose a viable business plan related to tourism, such as establishing a homestay, setting up transport services, adventure tourism, handicraft sales, or other approved tourism activities.

(e) No Default History

Applicants should not have any record of default on loans or dues to banks or financial institutions.

(f) Priority Categories

Women, members of Scheduled Castes/Scheduled Tribes, and individuals from economically weaker sections may receive priority or special concessions under the scheme.

Financial Support and Subsidy Details

Loan Amount:

The scheme typically provides loans up to ₹1 lakh for individual applicants and higher amounts for group applicants, with some limits extending to ₹10 lakhs for businesses that require larger investments, such as hotels or transport fleets.

Subsidy:

Subsidy rates may be higher for women, SC/ST candidates, and applicants from hilly and remote areas.

Repayment Period:

Loans usually have a repayment tenure of 5-7 years with the option of a moratorium period (grace period) of up to 1 year, depending on the project type.

Activities Eligible for Funding

Eligible business activities include:

Homestays and Lodging Facilities: Setting up rooms or properties to host tourists.

Transportation Services: Renting or leasing vehicles for tourism purposes.

Adventure Tourism: Establishing facilities for trekking, rafting, paragliding, camping, etc.

Handicrafts and Cultural Goods: Selling local handicrafts and products that reflect Uttarakhand’s heritage.

Local Food Services: Opening cafes, dhabas, or restaurants focused on local cuisine.

How to Apply ?

Prepare a Business Plan:

Applicants must draft a clear business plan detailing the project, its goals, anticipated costs, and expected income. This plan is crucial for obtaining approval.

Visit District Tourism Office or Bank:

The application process is facilitated through district tourism offices, certain banks, and financial institutions. Applicants can get guidance on documentation, eligibility, and other aspects.

Submit Application:

The application form, along with necessary documentation such as proof of residence, identity, business plan, and income certificates, should be submitted to the designated authority.

Documentation Required:

No-objection certificate from previous lenders if there are existing loans.

Verification and Approval:

Applications are reviewed by the relevant authorities, including bank officials and district tourism officials. After verification, the loan and subsidy are sanctioned based on the project’s feasibility.

Training and Support:

Selected applicants may be offered training or guidance on tourism and business management to ensure the sustainability of their projects.

Benefits of the Scheme

Subsidized Loan Facility:

The subsidized loan facility reduces the financial burden on entrepreneurs, making it easier to start tourism businesses.

Economic Empowerment:

The scheme encourages self-reliance and self-employment, especially in remote and rural areas of Uttarakhand, where economic opportunities are often limited.

Boost to Local Economy:

By promoting tourism, the scheme supports other allied sectors, including handicrafts, transport, and food services, benefiting the overall economy.

Cultural Promotion:

Encouraging homestays, handicrafts, and local food services helps preserve and promote the cultural heritage of Uttarakhand.

Key Points to Remember

Application Deadlines: Check with local tourism offices for any application deadlines or window periods, as these can vary.

Project Monitoring: Some projects might undergo periodic assessments to ensure the funds are used effectively and for the intended purpose.

Repayment Terms: It’s essential to adhere to the repayment schedule to maintain good credit standing, as defaulting can impact future eligibility.

Conclusion

The Vir Chandra Singh Garhwali Yojna provides an excellent opportunity for Uttarakhand residents to venture into tourism-related businesses with financial support and training. By offering loans with subsidies and focusing on local entrepreneurship, this scheme not only encourages economic growth but also helps preserve Uttarakhand’s rich cultural heritage. Applicants are encouraged to develop a well-researched business plan and utilize the resources provided by the government to maximize their chances of success.

Also read: Startup India Scheme: Purpose, Benefits, and How Entrepreneurs Can Leverage It for Success