Central GovernmentVerified

Scheme of Assistance to State Scheduled Castes Development Corporations

Ministry: Ministry Of Social Justice and Empowerment

Department: Department of Social Justice & Empowerment

The scheme aims to provide economic development assistance to Scheduled Castes living below the poverty line through financial support and credit facilitation. It provides share capital, margin money loans, and subsidies to Scheduled Castes families for employment-oriented schemes.

Last verifiedToday

Official Source ↗

About This Scheme

The "Scheme of Assistance to State Scheduled Castes Development Corporations" was launched by the Department of Social Justice and Empowerment (DoSJE), Ministry of Social Justice and Empowerment (MoSJE), Government of India. The scheme aims to provide economic development assistance to Scheduled Castes living below the poverty line through State Scheduled Castes Development Corporations functioning in 23 States and 4 Union Territories, addressing the financial mobilization challenges faced by this community. The scheme provides share capital contribution in the ratio of 49:51 between Central Government and State Governments, along with financial assistance in the form of margin money loans at low interest rates and subsidies to reduce repayment liability. The applicant must belong to Scheduled Castes and must be living below the poverty line. The scheme is implemented by State Scheduled Castes Development Corporations. The applications for this scheme are accepted through State Channelizing Agencies.

Benefits

Financial assistance in the form of margin money loans at low rate of interest.

Subsidy provision to reduce repayment liability of beneficiaries.

The quantum and ceiling of subsidy is the same as for schemes under Integrated Rural Development Programme.

Credit support facilitation through tie-ups with financial institutions, banks, National Scheduled Castes Finance and Development Corporation, and National Safai Karamcharis Finance and Development Corporation.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Caste Certificate
✦
Income Certificate / BPL Certificate
✦
Identity Proof
✦
Address Proof
✦
Project Proposal or Business Plan (for the intended economic activity)

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level: Central Government