Central GovernmentVerified

Tool/Equipment Purchase Subsidy Scheme (MPBOCWWB)

Launched on January 1, 2018, the "Tool/Equipment Purchase Subsidy Scheme" provides financial assistance to construction workers registered under the M.P. Building and Other Construction Workers Welfare Board for the purchase of tools and equipment related to their work.

Start date1 Jan 2018
Last verifiedToday

About This Scheme

Launched on 1st January 2018, the "Tool/Equipment Purchase Subsidy Scheme" offers financial assistance to construction workers registered under the M.P. Building and Other Construction Workers Welfare Board, helping them purchase tools and equipment related to their work. To be eligible, workers must possess a valid identity card from the Mandal, and they can receive a subsidy of up to 10% of the loan taken for the tool kit, or ₹5,000, whichever is less, within 3 months of the equipment purchase date.

Benefits

₹5.0K

The benefit is 10% of the loan or ₹5,000, whichever is lower.

Eligibility

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

Required Documents

  • Identity Proof (e.g., Aadhaar Card)
  • Passport-size Photograph
  • Skill-upgradation Training Certificate
  • Proof of Residence (e.g., Utility bill, Voter ID, etc.)
  • Ration Card (optional)
  • Bank Account Details (e.g., Copy of Bank Passbook)
  • Caste Certificate (if applicable)
  • Undertaking/Declaration
  • Age Certificate (any of the following):
  • School Certificate
  • Registrar of Birth Certificate
  • Employment Certificate
  • Signature
  • Any other documents as required
  • Identity Card of the registered member (parent)
  • Birth Certificate
  • Bills

✦ Required ◦ Optional

How to Apply

IIn-person

Quick Info

Level
Central Government
Max benefit
₹5.0K
Launched
1 Jan 2018