Sant Ravi Das Swarojgaar Yojana

The Sant Ravi Das Swarojgaar Yojana under the Tribal Welfare and SC Department, Madhya Pradesh, provides funding for manufacturing units (₹1 lakh to ₹50 lakh) and service/retail trade projects (₹1 lakh to ₹25 lakh) for Scheduled Caste applicants.

State Cash

States / UT: Madhya Pradesh

Nodal department: Tribal Welfare and Scheduled Caste (SC) Department

Scheme for: Individual

Scheme profile

Categories: Banking,Financial Services and Insurance

Sub-categories: Banking and money

Target beneficiaries: Individual

Tags: Enterprises, Scheduled Cast, Loan Scheme, Self-employment

Details

The Sant Ravi Das Swarojgaar Yojana under the Tribal Welfare and SC Department, Madhya Pradesh, provides funding for manufacturing units (₹1 lakh to ₹50 lakh) and service/retail trade projects (₹1 lakh to ₹25 lakh) for Scheduled Caste applicants. Scheduled Caste beneficiaries can receive a 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years, including the moratorium period. Beneficiaries can also avail a 12-day entrepreneurship development training through an online training module.

Benefits

  • 1. Scheduled Caste beneficiaries can receive a 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years, including the moratorium period. 1. The subsidy is provided on the condition of regular loan repayment as per the prescribed schedule
  1. Scheduled Caste beneficiaries can receive a 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years, including the moratorium period.
  2. The subsidy is provided on the condition of regular loan repayment as per the prescribed schedule.









Eligibility

  1. The applicant should be a resident of Madhya Pradesh.
  2. The applicant should be between 18 and 40 years of age.
  3. The applicant should be belong to Scheduled Caste category.
  4. The applicant should have a minimum educational qualification of 12th class passed.
  5. The applicant's annual family income should not exceed ₹12.00 lakhs.
  6. The applicant should not be a defaulter of any bank or financial institution, including MFI, NBFC, SFB, or PACS.
  7. The applicant should not currently be a beneficiary of any other self-employment scheme of the state or central government.
  8. Family Definition:
  • If unmarried: The applicant and dependent parents.
  • If married: The applicant, spouse, and dependent children (no age bar for dependent, unmarried children).





Exclusions

  1. The applicant should not be a defaulter of any bank or financial institution, including MFI, NBFC, SFB, or PACS.
  2. The applicant should not currently be a beneficiary of any other self-employment scheme from the state or central government.

Application Process

Offline

Step 1: The interested applicant should visit (during office hours) the Scheduled Caste Welfare Department Office , and request the hard copy of the prescribed format of the application form from the concerned authority.
Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the authority.
Step 4: Request a receipt or acknowledgement from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
NOTE: Ensure that the application is submitted within the prescribed period, if any.

Documents Required

No document list is available for this scheme yet.

References

Apply now

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Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

  • Aadhaar Card
  • Income Certificate
  • Caste Certificate (if applicable)
  • Residence Proof
  • Bank Account Details
  • Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

  1. Check eligibility criteria
  2. Collect required documents
  3. Fill the application form
  4. Submit the application online or at the relevant office
  5. Track application status