Central GovernmentVerified
Subsidy Scheme for Self-help Groups of Minorities
The "Subsidy Scheme for Self-help Groups of Minorities" aimed at empowering minority women by providing financial support to Self-Help Groups (SHGs). The scheme offers a subsidy to SHGs engaged in various self-employment activities, promoting economic self-reliance among minority women.
Last verifiedToday
About This Scheme
The "Subsidy Scheme for Self-help Groups of Minorities" was launched by the Minorities Welfare Department, Government of Karnataka, and implemented by the Karnataka Minorities Development Corporation. The scheme provides a subsidy of 50% of the unit cost or a maximum of ₹2,00,000/- to the self-help groups of the minority community to engage in various types of self-employment activities and make them economically self-reliant, on the loans obtained from various financial institutions recognized by the Nationalized/Scheduled Bank/RBI. An SHG is to make fixed savings and provide internal lending to the members of the group as per requirement from the savings amount of the SHG.
Benefits
₹2.0 L
Subsidy Amount: 50% of the unit cost or a maximum of ₹2,00,000/- to the self-help groups.
NOTE:
The subsidy will be adjusted against the repayment of the loan taken by the SHG from recognized financial institutions.
SHGs focusing on good internal loan repayment will be given higher priority for the subsidy.
Eligibility
Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.
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Required Documents
- ✦Two Passport-size Photographs of each member of the SHG.
- ✦Minority Certificate of SHG members.
- ✦Income Certificate of SHG members.
- ✦Aadhaar Card copy of each member.
- ✦Project Report on self-employment activity of self-help group.
- ✦Copy of Bank Pass Book of Self-Help Group.
- ✦Group Photo of self-help society members.
- ✦Copy of Minutes of meeting of the Self-Help group.
- ✦Applicant Self-Declaration.
✦ Required ◦ Optional
How to Apply
OOnline
Quick Info
- Level
- Central Government
- Max benefit
- ₹2.0 L