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The Sikkim Chief Minister Employment Fund 2026 (CMEF) provides subsidised business loans to unemployed Sikkimese youth for starting new enterprises. The scheme offers loans up to ₹25 lakh with a 30% government subsidy and concessional interest. Apply through the nearest District Industries Centre (DIC) or at sikkim.gov.in. Last updated: 17.05.2026.
Sikkim CMEF 2026 – Key Details
| Detail | Info |
|---|---|
| Maximum Loan | ₹25 lakh |
| Government Subsidy | 30% of loan amount |
| Interest Rate | Concessional (reduced rate) |
| Age Limit | 18 to 40 years |
| Target | Unemployed Sikkimese youth |
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Open Resizer → Sikkim CMEF 2026 – Important Links
| Description | Link |
|---|---|
| Apply / Information | Click Here |
| Sikkim Industries Department | Click Here |
Eligibility
- Sikkim domicile holder (Sikkim Subject Certificate preferred)
- Age 18 to 40 years
- Minimum Class 10 pass
- New business (first-time entrepreneur)
- Viable business plan required
How to Apply
- Visit nearest District Industries Centre (DIC) in Gangtok, Namchi, Mangan, or Gyalshing
- Submit business proposal with required documents
- DIC evaluates and forwards to the State Level Bankers Committee
- Loan sanctioned through nationalised bank; subsidy credited by state government
Documents Required
- Aadhaar card and Sikkim Subject Certificate
- Educational certificates
- Business plan
- Bank account details
- Passport-size photograph