Sant Ravidas Swarozgar Yojana Online Registration | Fill Sant Ravidas Swarojgar Yojana Application Form | Sant Ravidas Swarozgar Yojana Selection | Interest Subsidy on Loan by MP Govt. , Self Employment Scheme for Youths in Madhya Pradesh

Many efforts are being made by the state government of Madhya Pradesh to provide employment to every citizen. Under these efforts, various training schemes or loan disbursement schemes are being operated, out of which Sant Ravidas Swarozgar Yojana is a new initiative. Through this scheme, loans will be provided to the citizens of the state to get self-employment. Through this article, we will give you complete information about Sant Ravidas Swarojgar Yojana. By reading this article till the end, you will be able to know the process of getting benefits under Sant Ravidas Self Employment Scheme.

Along with this, you will also be provided information related to the benefits, purpose, features, eligibility, important documents, process of applying, etc. of this new MP self-employment scheme. So if you want to apply under Sant Ravidas Swarojgar Yojana 2022, then please read our article till the end.

MP Self Employment Schemes 2022

Cabinet has approved implementation of three new schemes for generation of self-employment for the youth of Scheduled Caste society. These 3 schemes includes the following:-

  • Sant Ravidas Self-Employment Scheme,
  • Dr. Bhimrao Ambedkar Economic Welfare Scheme,
  • Chief Minister Scheduled Caste Special Project Financing Scheme

About Sant Ravidas Swarojgar Yojana 2022

Under Sant Ravidas Self-Employment Scheme, manufacturing centered projects ranging from Rs. 1 lakh to Rs 50 lakh will be sanctioned and Rs. 1 lakh to Rs 25 lakh will be sanctioned for service oriented businesses. Interest subsidy will be given on the loan at the rate of 5% per annum under Sant Ravidas Swarojgar Yojana. Government will bear the bank loan guarantee fee at the prevailing rate for a maximum period of 7 years.

Br. Bhimrao Ambedkar Economic Welfare Scheme

Under the Dr. Bhimrao Ambedkar Economic Welfare Scheme, projects ranging from Rs 10,000 to Rs 1 lakh will be sanctioned for all types of self-employment opportunities. Interest subsidy will be given on the loan at the rate of 7% per annum.

Chief Minister Scheduled Caste Special Project Financing Scheme

The Chief Minister’s Scheduled Caste Special Project Financing Scheme will sanction projects upto a maximum of Rs 2 crore received from various departments, corporations and district collectors.

Sant Ravidas self-employment scheme launched

On the occasion of Sant Ravidas Jayanti, Sant Ravidas Swarozgar Yojana has been launched by Madhya Pradesh Chief Minister Shivraj Singh Chouhan. Through this scheme, loans will be provided to the citizens of the state at low interest rates to establish self-employment. Loans ranging from Rs 1 lakh to Rs 5 lakh will be provided for the manufacturing unit. The loan will be guaranteed by the government and 5% interest subsidy will be provided. Apart from this, a loan of up to Rs 25 lakh will be provided by the government for service sector and retail trade. The guarantee of this loan will also be taken by the government and 5% interest subsidy will be provided.

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The announcement to start this scheme was made by the Chief Minister through a virtual state level program. This scheme will prove to be effective in making the citizens of the state strong and self-reliant. Apart from this, the citizens of the state will get employment through this scheme. The standard of living of the citizens of the state will also improve through Sant Ravidas Swarojgar Yojana. This scheme will be operated by Scheduled Caste Finance Development Corporation.

Purpose of Sant Ravidas Self Employment Scheme

The main objective of MP Sant Ravidas Swarojgar Yojana is to provide self-employment opportunities to the citizens of the state. So that no citizen of the state remains unemployed. Loans will be made available to the citizens of the state through this scheme. So that citizens can establish their self-employment. 5% interest will also be paid by the state government on this loan. This scheme will make the citizens of the state strong and self-reliant. Apart from this, the standard of living of the citizens of the state will also improve through this scheme. This scheme will reduce the unemployment rate and will promote the spirit of setting up an industry among the citizens.

Overview Of Sant Ravidas Swarojgar Yojana 2022

Name of Scheme Sant Ravidas Swarojgar Yojana
in Hindi Sant Ravidas Self Employment Scheme
Launched by MP Govt. headed by CM Shivraj Singh Chouhan
Beneficiaries Citizens of Madhya Pradesh State
Type Self Employment Scheme
Objective To provide employment opportunities to citizens
Official Website To be launched Soon
Applicable Year 2022
State Name Madhya Pradesh
Type of Application Both Online / Offline Mode
Sant Ravidas Swarojgar Yojana Highlights

Benefits and Features of Sant Ravidas Self Employment Scheme

  • On the occasion of Sant Ravidas Jayanti, Sant Ravidas Swarozgar Yojana has been launched by Madhya Pradesh Chief Minister Shivraj Singh Chouhan.
  • Through this scheme, loans will be provided to the citizens of the state at low interest rates to establish self-employment.
  • Loans ranging from Rs 1 lakh to Rs 5 lakh will be provided for the manufacturing unit.
  • The loan will be guaranteed by the government and 5% interest subsidy will be provided.
  • For service sector and retail trade, loans up to Rs 25 lakh will be provided by the government. The guarantee of this loan will also be taken by the government and 5% interest subsidy will be provided.
  • The announcement to start this scheme was made by the Chief Minister through a virtual state level program.
  • This scheme will prove to be effective in making the citizens of the state strong and self-reliant.
  • The citizens of the state will get employment through this scheme.
  • The standard of living of the citizens of the state will also improve through Sant Ravidas Swarojgar Yojana.

Eligibility and Important Documents

  • Applicant should be a permanent resident of Madhya Pradesh.
  • Applicant should be from backward caste.
  • Aadhar card
  • income certificate
  • proof of age
  • caste certificate
  • passport size photograph
  • mobile number
  • email id etc.

Procedure to apply under Sant Ravidas Self Employment Scheme

Only announcement has been made by the Madhya Pradesh government to start Sant Ravidas Swarozgar Yojana. Soon the Madhya Pradesh government will launch the official website to apply under this scheme. Through which the beneficiaries will be able to apply under this scheme. As soon as any information related to applying under this scheme is provided by the government, we will definitely tell you through this article. So if you want to get the benefit of this scheme, then you are requested to stay connected with this article of ours.

Source / Reference Link: https://timesofindia.indiatimes.com/city/bhopal/govt-nod-for-3-self-employment-schemes-for-sc-youths-in-state/articleshow/91111110.cms

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