Sant Ravi Das Swarojgaar Yojana

Description
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.

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

Benefits
• 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.
• The subsidy is provided on the condition of regular loan repayment as per the prescribed schedule.

Eligibility Criteria
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:
9. - If unmarried: The applicant and dependent parents.
10. - If married: The applicant, spouse, and dependent children (no age bar for dependent, unmarried children).
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Application Process
Step 1: 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.
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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: 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).
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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: Step 3: Submit the duly filled and signed application form along with the documents, within the prescribed period (if any), to the authority.
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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: 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 (i…
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NOTE: Ensure that the application is submitted within the prescribed period, if any.

Required Documents
• Aadhaar Card
• Proof of identity and residence.
• Caste Certificate
• Income Certificate
• Educational Qualification Certificate
• Bank Account Details
• Project Proposal
• Loan Sanction Letter
• Photographs

Frequently Asked Questions
Q: What is the Sant Ravi Das Swarojgaar Yojana?
A: A scheme providing financial assistance and training to Scheduled Caste beneficiaries for self-employment projects.

Q: Who is eligible for this scheme?
A: Scheduled Caste individuals aged 18-40 with a minimum educational qualification of 12th class.

Q: What is the income limit for eligibility?
A: The family's annual income should not exceed [?]12 lakh.

Q: Can I apply if I am a defaulter of any bank?
A: No, applicants must not be defaulters of any bank or financial institution.

Q: Is there an age limit for applicants?
A: Yes, the applicant must be between 18 and 40 years old.

Q: What is the financial assistance provided under the scheme?
A: Interest subsidy of 5% per annum on loans for up to 7 years, including the moratorium period.

Q: Can I avail of the scheme if I am already benefiting from another self-employment scheme?
A: No, you cannot be a beneficiary of any other self-employment scheme of the state or central government.

Q: What types of loans are covered under the scheme?
A: Term Loan and Working Capital Loan for manufacturing and service/retail trade projects.

Q: What is the training provided under the scheme?
A: A 12-day entrepreneurship development training through an online module.

Q: What documents are required to apply?
A: Documents such as Aadhaar, caste certificate, income certificate, and educational qualification are required for application.