Objective
Financial assistance is provided to the educated un-employed youth in the age group between 18 and 45, who desire to establish their own profession or business enterprises.
Subsidy
- 30% of the project cost or Rs.2.25 lakhs whichever is lower. The subsidy will be a Front End Subsidy.
Eligibility
- The applicant should belong to Scheduled Caste.
- The annual family income of the applicant should not exceed Rs.3.00 lakh.
- The applicant should be in the age group of 18 -45.
- 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 should posses’ eligibility certificate issued by recognised institutions.
Conditions
- Applicants themselves can select the trade.
- The assets created under the scheme shall be registered only in the name of the applicant.
- The applicant shall carryout the business in the district where subsidy is sanctioned.
