Features:
- Under this scheme
to engage in self employment activity the financial assistance will be
provided to the men and women belonging to scheduled castes madiga and
related castes.
- The unit cost is
Rs.1.00 Lakh out of which Rs.0.50 Lakh is subsidy and
Rs.0.50 Lakh is loan.
- The loan amount to
be repaid in 30 equal installments at the rate of 4% Interest.
Eligibility:
- Applicants must
belong to scheduled caste madiga and its related community.
- If the caste
certificate is submitted in the name of Adi Karnataka, Adi Andhra, Adi
dravida then a self declaration certificate is to be submitted by the
applicant stating his original caste.
- Should be resident
of Karnataka state.
- The applicant and
no member of his family should not be in employment in any
Govt./Semi Govt organization.
- The applicant and
his family members if availed any loan will be considered
ineligible.
- The applicant
should have a required space to start the unit.
Conditions:
- Beneficiaries must
be selected by the Selection Committee.
- Annual income of
the applicant’s family shall be within the limit of Rs.1.50 Lakhs in
case of rural areas and Rs.2.00 Lakhs in case of urban areas.
- Applicant shall be
at the age of 21 and above and 50 and below.
- The subsidy will be
sanctioned based on the purpose/activity
- Application will be
rejected, if he/she found to be ineligible during the process of
selection.
- The subsidy and
loan amount will be released directly to the beneficiary/seller.
The documents to be submitted by the
applicant along with application:
- Application
- Photo
- Caste certificate
(with R.D. Number)
- Income certificate
(with R.D. Number)
- Aadhar Card
- Bank Pass book