Find out the loan scheme of the government and how it will benefit you.
In the various schemes of District Antyavasayee Cooperative Development Society, Raipur, rural and urban women, and young people are offered assistance in purchasing a tractor trolley and starting small-scale businesses and goods carriers.
The eligible young people in the district can benefit from this assistance by applying. After a thorough examination and approval of your application benefits of the amount of assistance will be given to qualified applicants.
In the scheme, applications are invited until 5 pm on the 18th of July. The application form is available from District Antyavasayee Cooperative Development Society, Raipur room number 34 during office hours.
Assistance will be provided under these schemes
Tractor Trolley Scheme (Loan on tractor trolley) Goods Carrier Scheme, Self-Help Group (Micro Credit Scheme) Terms Loan Scheme CHG-Term Loan Scheme CHG Small Business Plan, CHG-263 Small-Business Plan, CHG-21-269 Small Business Plan CHG-268 Women Empowerment Scheme.
The scheme is currently in operation for the fiscal year 2022-23. In these schemes, aid is provided to urban and rural youth and girls.
Conditions of eligibility and eligibility of the scheme
Certain eligibility requirements and conditions have been outlined to avail of the benefits of the above schemes. They are as follows:
- An applicant under the above schemes must be between 18 and 50 years of age.
- A candidate must belong to a Scheduled Caste.
- If a person has received the advantage of government schemes but has not taken advantage of the scheme, they will not be eligible to benefit from these schemes.
- Documents Required for Application
To be eligible for the assistance amount in these programs, the recipient will require a few documents. They can be found here:
- Certificate of domicile, Caste issued by the authority in charge
- A certificate of income (income in urban and rural areas with less than 3 lakh)
- An image must be submitted to the application.
- The applicant is also required to provide security amounting to the amount of the loan.
For how long the loan will be available and what will be the interest rate
The loan will be granted for 5 years. For this period 6-8% per year rate of interest will be paid as a monthly installment.
When is the best time to apply to the scheme?
In the scheme application forms will be accepted until 5 pm on the 18th of July. To apply, the form is available at District Antyavasayee Cooperative Development Society, Raipur room number 34 during office hours.
Under the Chief Minister’s Self-Employment Scheme, the assistance of up to Rs 25 lakh is available
Mukhyamantri’s Swarozgar Yojana is administered by the State of Chhattisgarh to provide youth with self-employment.
Under this program, young males and women between the ages between 18 and 35 in the state are eligible for application.
Under this program, you can avail of a loan amounting to up to 25 lakh offered to the government of the state to start a business.
This means that the annual income of the family member applying for the loan must not exceed the amount of Rs 3 lakh.
To be eligible for this program, the minimum education requirement of the person must be at least high school or its equivalent.
Remember that in this program, the amount of the loan is determined according to your qualifications and the nature of your business.
This means you’re opening an unassuming business or a huge one. The money you need to borrow will be provided.
In this case, a loan of 2 lakh is provided to the commercial sector. The maximum amount of loan is up to the amount of Rs 25 lakh.
Where to apply to take benefit of the scheme
To be eligible for the scheme, the first step is you need to obtain the application form for Mukhyamantri Yuva Swarozgar Yojana from the industry and business central office in your district.
Then, you must fill in all the vital details on the application form in a meticulous manner. In addition, certified copies of each essential document requested on the application form be required to be submitted.
You must fill out the form in the same office where you received it. The department concerned will give you the advantages of this scheme once they have reviewed the form.
