Shramshakti Yojana Loan facility

Shramshakti Yojana

Under this scheme, a loan facility of not less than Rs. 50,000/- at a low interest rate will be provided by the Corporation to the tribal artisans of the minority community to train them and improve their artistic and technical skills so that they can continue the same craft or start or develop a small business. Out of this, 50% will be a loan. The loan amount will have to be repaid in 36 installments at an interest rate of 4%.

Guidelines

a) The applicant should belong to the religious minority category of the state.

b) The applicant should be a permanent resident of the state.

c) The age limit of the applicant should be between 18 and 55 years.

The annual family income from all sources should be within Rs. 6.00 lakhs.

No member of the applicant's family should be a State / Central / Government employee.

2) The applicant or his family member should not have availed any loan from the Corporation in the past. Must not have availed any assistance (except for Aariv and Foreign Education Loan Schemes)

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