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18 Aug 2023

Assistance to Traditional Artisans and Occupational Groups

Objectives

 

The main object of scheme is to upgrade the professional skill and technology of the traditional artisans and occupational groups belonging to Backward Classes. The Corporation provides them with financial assistance upto Rs. 45,000/- in the form of loan and Rs. 5,000/- as subsidy per artisan.

Benefit

·       Financial assistance will be provided of up to Rs.2,00,000/- for artisans.

·       The maximum subsidy under this scheme is 15% to 30% maximum Rs.30000/- of the project cost and the rest is loan at 2% interest rate per annum.

 

Eligibility

 

Traditional artisans and occupational groups belonging to backward classes

 

Loan Amount

 

With a view to upgrade the professional skill and technology of the traditional artisans and occupational groups belonging to backward classes, financial assistance will be provided of upto Rs.2,00,000/- for artisans. The maximum subsidy under this scheme is 15%  to 30% maximum Rs.30000/- of the project cost and the rest is loan at 2% interest rate per annum.