CHIEF MINISTER’S SELF EMPLOYMENT SCHEME (CMSES)

The Corporation is also addressing the problem of unemployment in the State under the Chief Minister’s Self Employment Scheme in which educated unemployed youth of the State are guided to take up income generating schemes through self employment. 

The Hon’ble Chief Minister of Sikkim has announced on 23rd March 2002 with his vision to provide employment opportunities to the educated youths and help set up micro self-employment ventures in the State. The salient features of the schemes are as such:

Under Chief Minister Self employment Scheme  the educated unemployed youth of Sikkim can availed the loan under the following Schemes:-

1. Industrial and service sector.

2. Hotel, Guest House, Lodging Restaurants

3. Agriculture and allied

4. Animal breeding, poultry, piggery, dairy, bee keeping etc.

5. Technical Trades such as electricians, plumbers, steel fabrication works, TV Radio, Mobile, Automobile repairs motor mechanical, book binding, chemical booth etc.

6. Artisans and tradition occupation.

7. Small Business- like tea shops, General provision shop grocery manihari shops, readymade garments shop newspaper/magazine shops etc.  

Loan Limit/Quantum of loan

The quantum of loan shall not exceed Rs. 10.00 lakhs per individual per scheme.
Rate of Interest

The loan shall be interest for two years from the date of 1st disbursement. Thereafter it shall carry interest @ 6% p.a.            
Repayment Schedule The loan shall be repayable in 60 equated monthly installments after the repayment holiday/ moratorium of 2 years. However, the loanee can make repayment before the due date.

Financial Releif

The Financial Relief provided by the State Govt. to the existing beneficiaries under Chief Minister’s Self Employment Scheme (CMSES) for time bound closure of existing loans for an initial period of two months vide Notifications as under:

  1. 1. Notification No. 38/HOME/2018 Dated 02/07/2018;
  2. 2. Notification No. 2/C&I/ 18-19 Dated 21.08.2018
  3. 3. Notification No. 3/C&I/2018-19 Dated 06.11.2018
  4. 4. Notification No. 5/C&I/2018-19 Dated 10.01.2019

As per the Sikkim Government Gazette Notification the State Govt. is providing Financial Relief to existing loan beneficiaries under CMSES for time bound closures as under:
a). CMSES loans shall be provided 50% subsidy by the Government on the principal  and the interest will be  exempted from repayment and treated as subsidy from the Government for the those beneficiaries who are unemployed under this category.       
b). Loanees under CMSES catogery who later secured Government employment shall also be exempted from payment of interest as subsidy from the Govt. provided the principal amount is paid 100%.          


Details of Chief Minister’s Self Employment Scheme
(CMSES) Upto March 2019
  2002-2003 2003-2004 2004-05 2005-066   2006-077   2007-088   2008-09   2009-100  
Activity – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No Amount
Industry 49 33.50 64 43.50 2 1.00 3 6.80 0 0.00 0 0.00 0 0.00 0 0.00
Agriculture 93 59.00 121 76.50 5 3.00 13 24.40 2 4.00 9 15.50 21 32.00 11 16.50
Animal Husbandry 444 263.50 512 304.00 19 11.00 13 14.50 0 0.00 12 12.05 41 63.50 214 321.00
Services 51 38.50 65 45.50 5 4.00 4 10.00 1 4.00 0 0.00 168 260.75 0 0.00
Business 565 344.50 686 419.00 20 12.00 15 27.00 0 0.00 51 68.63 354 578.70 721 1,041.50
Tourism 156 105.00 159 111.50 8 6.50 8 27.00 3 9.00 40 79.50 193 323.00 200 300.00
Vehicles                                
Others 126 87.50 33 24.00 1 1.00 1 5.00 1 5.00 30 65.18 138 246.40 117 175.00
Total 1484 931.50 1640 1024.00 60 38.50 57 114.70 7 22.00 142 240.86 915 1,504.35 1263 1,854.00
 
  2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18
Activity – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No  Amount
Industry 0 0.00 0 0.00   0.00 6 15.00 0 0.00 0 0 0 0 0 0
Agriculture 28 42.00 5 13.50 12 16.50 17 26.00 0 0.00 0 0 0 0 0 0
Animal Husbandry 174 261.00 38 61.60 84 103.75 39 58.50 0 0.00 2.00 5.00 0 0 0 0
Services 0 0.00 0 0.00 191 253.00 58 103.50 0 0.00     0 0 0 0
Business 180 270.00 64 98.25 43 76.50 180 229.00 0 0.00 9.00 26.50 0 0 0 0
Tourism 87 130.50 47 105.75 22 35.75 11 141.00 0 0.00 4.00 15.00 1.00 4.00 1 4.5
Vehicles     45 185.16 73 127.50 84 226.00 0 0.00 10.00 30.00     0 0
Others 75 112.50 39 81.50 43 108.25 515 584.00 0 0.00 5.00 17.00 1.00 3.50 0 0
Total 544 816.00 238 545.76 468 721.25 910 1383.00 0 0.00 30.00 93.50 2.00 7.50 1 4.5
  2018-19 Cumulative
Activity – wise No Amount Activity – wise No Amount
Industry 0 0.00 Industry 124 99.80
Agriculture 0 0.00 Agriculture 337 328.90
Animal Husbandry 0 0.00 Animal Husbandry 1592 1,479.40
Services 0 0.00 Services 543 719.25
Business 0 0.00 Business 2888 3,191.58
Tourism 0 0.00 Tourism 940 1,398.00
Vehicles   0.00 Vehicles 212 568.66
Others 0 0.00 Others 1125 1,515.83
Total 0 0.00 TOTAL 7761 9,301.42

       

 
     2002-2003      2003-2004      2004-05 2005-06    2006-07      2007-08       2008-09      2009-10  
District – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No Amount
East 619 399.00 674 429.00 11 8.00 27 54.20 3 12.00 94 166.91 391 643.75 283 421.00
West 418 248.00 458 275.50 21 13.50 15 27.00 1 2.50 21 31.45 269 432.90 595 865.50
North 127 80.00 100 57.50 0 0.00 6 14.00 2 4.00 4 14.25 33 51.50 102 153.00
South 320 204.50 408 262.00 28 17.00 9 19.50 1 3.50 23 28.25 222 376.20 283 414.50
  1484 931.50 1640 1024.00 60 38.50 57 114.70 7 22.00 142 240.86 915 1,504.35 1263 1,854.00
 
     2010-11 2011-12      2012-13   2013-14      2014-15 2015-16 2016-17   2017-18
No Amount No Amount No Amount No Amount No Amount No Amount No Amount No  Amount %
198 297.00 84 189.00 185 257.50 244 394.50     11.00 28.50 1.00 3.50 0 0.00 36%
159 238.50 34 80.97 102 172.75 252 370.50     8.00 26.50 1.00 4.00 1 4.50 30%
45 67.50 14 39.60 38 70.00 65 124.50     2.00 6.00     0 0.00 7%
142 213.00 106 236.19 143 221.00 349 493.50     9.00 32.50     0 0.00 27%
544 816.00 238 545.76 468 721.25 910 1383.00 0 0.00 30.00 93.50 2.00 7.50 1 4.50 100%
2018-19
No  Amount %
0 0.00 0%
0 0.00 0%
0 0.00 0%
0 0.00 0%
0 0.00 0%
Cumulative 
No  Amount %
2825 3,303.86 36%
2355 2,794.07 30%
538 681.85 7%
2043 2,521.64 27%
7761 9,301.42 100%


     2002-2003      2003-2004      2004-05      2006-07      2007-08        2008-09        2009-2010
Gender – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No Amount
Female 552 346.50 408 408.00 28 19.00 15 21.00 1 5.00 62 141.93 369 600.40 487 730.50
Male 932 585.00 1232 616.00 32 19.50 42 93.70 6 17.00 80 98.93 546 903.95 776 1,123.50
  1484 931.50 1640 1024.00 60 38.50 57 114.70 7 22.00 142 240.86 915 1,504.35 1263 1,854.00
   
     2010-11 2011-12      2012-13 2013-14      2014-15 2015-16 2016-17 2017-18
No Amount No Amount No Amount No Amount No Amount No  Amount No  Amount No  Amount  
220 330.00 101 230.51 206 298.50 276 403.50     10.00 28.50 2.00 7.50 1 4.50  
324 486.00 137 410.07 262 422.75 634 979.50     20.00 65.00     0 0.00  
544 816.00 238 640.58 468 721.25 910 1383.00 0 0.00 30.00 93.50 2.00 7.50 1 4.50  
2018-19
No  Amount  
0 0.00  
0 0.00  
0 0.00  
Cumulative     
No  Amount %
2738 3,575.34 38%
5023 5,820.90 62%
7761 9,396.24 100%

Details of Chief Minister’s Self Employment Scheme

(CMSES) Upto March 2021

     2002-2003        2003-2004     2004-05    2005-06    2006-07      2007-08      2008-09      2009-10
Activity – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No Amount
Industry 49 33.50 64 43.50 2 1.00 3 6.80 0 0.00 0 0.00 0 0.00 0 0.00
Agriculture 93 59.00 121 76.50 5 3.00 13 24.40 2 4.00 9 15.50 21 32.00 11 16.50
Animal Husbandry 444 263.50 512 304.00 19 11.00 13 14.50 0 0.00 12 12.05 41 63.50 214 321.00
Services 51 38.50 65 45.50 5 4.00 4 10.00 1 4.00 0 0.00 168 260.75 0 0.00
Business 565 344.50 686 419.00 20 12.00 15 27.00 0 0.00 51 68.63 354 578.70 721 1,041.50
Tourism 156 105.00 159 111.50 8 6.50 8 27.00 3 9.00 40 79.50 193 323.00 200 300.00
Vehicles                                
Others 126 87.50 33 24.00 1 1.00 1 5.00 1 5.00 30 65.18 138 246.40 117 175.00
Total 1484 931.50 1640 1024.00 60 38.50 57 114.70 7 22.00 142 240.86 915 1,504.35 1263 1,854.00
                                 
       2010-11 2011-12      2012-13 2013-14      2014-15 2015-16 2016-17 2017-18
Activity – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No  Amount
Industry 0 0.00 0 0.00   0.00 6 15.00 0 0.00 0 0 0 0 0 0
Agriculture 28 42.00 5 13.50 12 16.50 17 26.00 0 0.00 0 0 0 0 0 0
Animal Husbandry 174 261.00 38 61.60 84 103.75 39 58.50 0 0.00 2.00 5.00 0 0 0 0
Services 0 0.00 0 0.00 191 253.00 58 103.50 0 0.00     0 0 0 0
Business 180 270.00 64 98.25 43 76.50 180 229.00 0 0.00 9.00 26.50 0 0 0 0
Tourism 87 130.50 47 105.75 22 35.75 11 141.00 0 0.00 4.00 15.00 1.00 4.00 1 4.5
Vehicles     45 185.16 73 127.50 84 226.00 0 0.00 10.00 30.00     0 0
Others 75 112.50 39 81.50 43 108.25 515 584.00 0 0.00 5.00 17.00 1.00 3.50 0 0
Total 544 816.00 238 545.76 468 721.25 910 1383.00 0 0.00 30.00 93.50 2.00 7.50 1 4.5
  2018-19     2019-20     2020-21   Cumulative
Activity – wise No Amount   Activity – wise No Amount   Activity – wise No Amount   Activity – wise No Amount
Industry 0 0.00   Industry 0 0.00   Industry 0 0.00   Industry 124 99.80
Agriculture 0 0.00   Agriculture 0 0.00   Agriculture 0 0.00   Agriculture 337 328.90
Animal Husbandry 0 0.00   Animal Husbandry 0 0.00   Animal Husbandry 0 0.00   Animal Husbandry 1592 1,479.40
Services 0 0.00   Services 0 0.00   Services 0 0.00   Services 543 719.25
Business 0 0.00   Business 0 0.00   Business 0 0.00   Business 2888 3,191.58
Tourism 0 0.00   Tourism 0 0.00   Tourism 0 0.00   Tourism 940 1,398.00
Vehicles   0.00   Vehicles   0.00   Vehicles   0.00   Vehicles 212 568.66
Others 0 0.00   Others 0 0.00   Others 0 0.00   Others 1125 1,515.83
Total 0 0.00   Total 0 0.00   Total 0 0.00   TOTAL 7761 9,301.42
                                 
     2002-2003        2003-2004      2004-05 2005-06      2006-07      2007-08      2008-09      2009-10
District – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No Amount
East 619 399.00 674 429.00 11 8.00 27 54.20 3 12.00 94 166.91 391 643.75 283 421.00
West 418 248.00 458 275.50 21 13.50 15 27.00 1 2.50 21 31.45 269 432.90 595 865.50
North 127 80.00 100 57.50 0 0.00 6 14.00 2 4.00 4 14.25 33 51.50 102 153.00
South 320 204.50 408 262.00 28 17.00 9 19.50 1 3.50 23 28.25 222 376.20 283 414.50
  1484 931.50 1640 1024.00 60 38.50 57 114.70 7 22.00 142 240.86 915 1,504.35 1263 1,854.00
                                 
     2010-11   2011-12      2012-13 2013-14      2014-15 2015-16 2016-17 2017-18
No Amount No Amount No Amount No Amount No Amount No Amount No Amount No  Amount %
198 297.00 84 189.00 185 257.50 244 394.50     11.00 28.50 1.00 3.50 0 0.00 36%
159 238.50 34 80.97 102 172.75 252 370.50     8.00 26.50 1.00 4.00 1 4.50 30%
45 67.50 14 39.60 38 70.00 65 124.50     2.00 6.00     0 0.00 7%
142 213.00 106 236.19 143 221.00 349 493.50     9.00 32.50     0 0.00 27%
544 816.00 238 545.76 468 721.25 910 1383.00 0 0.00 30.00 93.50 2.00 7.50 1 4.50 100%
2018-19   2019-20   2020-21
No  Amount %   No  Amount %   No  Amount %
0 0.00 0%   0 0.00 0%   0 0.00 0%
0 0.00 0%   0 0.00 0%   0 0.00 0%
0 0.00 0%   0 0.00 0%   0 0.00 0%
0 0.00 0%   0 0.00 0%   0 0.00 0%
0 0.00 0%   0 0.00 0%   0 0.00 0%
Cumulative     
No  Amount %
2825 3,303.86 36%
2355 2,794.07 30%
538 681.85 7%
2043 2,521.64 27%
7761 9,301.42 100%
                                 
     2002-2003      2003-2004      2004-05           2005-2006      2006-07      2007-08      2008-09      2009-2010
Gender – wise No Amount No Amount No Amount No Amount No Amount No Amount No Amount No Amount
Female 552 346.50 408 408.00 28 19.00 15 21.00 1 5.00 62 141.93 369 600.40 487 730.50
Male 932 585.00 1232 616.00 32 19.50 42 93.70 6 17.00 80 98.93 546 903.95 776 1,123.50
  1484 931.50 1640 1024.00 60 38.50 57 114.70 7 22.00 142 240.86 915 1,504.35 1263 1,854.00
                                 
     2010-11 2011-12      2012-13 2013-14      2014-15 2015-16 2016-17 2017-18
No Amount No Amount No Amount No Amount No Amount No  Amount No  Amount No  Amount  
220 330.00 101 230.51 206 298.50 276 403.50     10.00 28.50 2.00 7.50 1 4.50  
324 486.00 137 410.07 262 422.75 634 979.50     20.00 65.00     0 0.00  
544 816.00 238 640.58 468 721.25 910 1383.00 0 0.00 30.00 93.50 2.00 7.50 1 4.50  
2018-19   2019-20   2020-21
No  Amount     No  Amount     No  Amount  
0 0.00     0 0.00     0 0.00  
0 0.00     0 0.00     0 0.00  
0 0.00     0 0.00     0 0.00  
Cumulative     
No  Amount %
2738 3,575.34 38%
5023 5,820.90 62%
7761 9,396.24 100%