Objective
In order to reduce the impoverished conditions of Adi Dravidar and Tribal, people financial assistance is provided to start various business activities in the age group 18 and 55 irrespective of their educational qualification. This scheme can be accessed both by individuals and self help groups.>
Subsidy
- 35% of the project cost or Rs.3.50 lakhs whichever is lower. The subsidy will be a Front End Subsidy.
Eligibility
- The applicant should belong to Scheduled Caste and Scheduled Tribe.
- The annual family income of the applicant should not exceed Rs. 3.00 lakh.
- The applicant should be in the age group of 18 – 55.
- The applicant should have prior experience in the trade applied.
- The applicant and their family members should not have availed any subsidy so far.
- The Applicant and their family members should not have availed any subsidy so far.
Conditions
- Applicants themselves can select the trade.
- The assets created under the scheme shall be registered only in the name of the applicant.
