Shimla, June 30 -- The state government is set to roll down Rajiv Gandhi Swarozgaar Start-up Yojana Phase-IV to create self-employment opportunities for unemployed youth while strengthening public transport connectivity and promoting environmentally sustainable mobility across Himachal Pradesh.

To encourage participation, the government will provide 50% capital subsidy for the purchase of electric buses and 30% capital subsidy for diesel buses to eligible beneficiaries for operations on about 1,000 identified routes across the state. In addition, beneficiaries will receive a monthly operational incentive of Rs.65,000 for electric and Rs.50,000 for diesel buses for a period of five years.

Passenger buses with a minimum seating capacity o...