Deen Dayal Upadhyaya Swawlamban Yojana
in Arunachal Pradesh
Last updated:
Deen Dayal Upadhyaya Swawlamban Yojana in Arunachal Pradesh
Deen Dayal Upadhyaya Swawlamban Yojana is a government scheme available to eligible residents of Arunachal Pradesh.
Apply for Deen Dayal Upadhyaya Swawlamban Yojana in Arunachal Pradesh
Scheme Overview
The scheme aims to encourage unemployed youth to gain access to low-cost capital for setting up an entrepreneurship. Through this scheme, a 40% front-ended capital investment subsidy is provided to the selected entrepreneurs.
Eligibility Criteria
The applicant must belong to Arunachal Pradesh.
The applicant must be an unemployed individual.
The applicant must be between 18 and 45 years of age.
The applicant must have a minimum educational qualification of Class XII passed or its equivalent (10+2).
The applicant must possess a bankable and viable project proposal in any of the following sectors:
- Food-processing units in agriculture, horticulture and allied sectors include packaging, cold chain, cold storage, milk processing, etc.
- Eco-tourism, including home stays and tour operators.
- Traditional textile weaving forthe modernisation of traditional looms and purchase of new looms to start a new weaving unit.
- To be set up Small-scale manufacturing units/bamboo processing units/service centres/ diagnostic
> **Preference/Priority/Relaxation:**
The applicant will be given preference if they hold a Degree/Diploma in Tourism & Hospitality, Information Technology (IT), or from an Industrial Training Institute (ITI).
The applicant will be given preference if they contribute more than the minimum mandatory own contribution.
The applicant will be given preference for opening medical clinics or diagnostic centers in Border Community Development (CD) blocks.
The applicant will be given preference if the project is a manufacturing unit.
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Benefits
The applicant receives a 40% front-ended capital investment subsidy to eligible beneficiaries for setting up small and medium enterprises.
The applicant can avail of a loan ranging from ₹10,00,000/- up to ₹50,00,000/- for the project cost, excluding the cost of land and building.
The applicant (specifically women entrepreneurs) is eligible for an additional 5% interest subsidy annually, provided the entrepreneur does not become a Non-Performing Asset (NPA).
The applicant is required to contribute at least 30% of the project cost as their own contribution.
The applicant receives a loan component amounting to 30% of the project cost.
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Required Documents
| # | Document |
|---|---|
| 1 | Proof of Identity |
| 2 | Aadhaar Card |
| 3 | Proof of residence |
| 4 | Proof of business address |
| 5 | No dues certificate from Arunachal Pradesh State Co-Operative Apex Bank |
| 6 | Arunachal Pradesh Scheduled Tribe (APST) Certificate |
| 7 | Trading License |
| 8 | GST Certificate |
| 9 | Bank account details for loan processing |
| 10 | Business proposal document |
Common questions in Arunachal Pradesh
Who can apply for Deen Dayal Upadhyaya Swawlamban Yojana in Arunachal Pradesh?
Eligible residents of Arunachal Pradesh who meet the scheme’s overall criteria can apply for Deen Dayal Upadhyaya Swawlamban Yojana. Refer to the eligibility section above for the complete checklist.
What documents are required for Deen Dayal Upadhyaya Swawlamban Yojana in Arunachal Pradesh?
Applicants in Arunachal Pradesh typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
Frequently Asked Questions
The Government of Arunachal Pradesh launched this startup loan scheme to provide financial assistance via subsidies on loans. It was announced in the State Budget in March 2017 to promote entrepreneurship among unemployed youth through formal banking channels, utilizing the network of scheduled commercial banks across the State. <br>