The Ujjwanini Scheme is an initiative by the Karnataka State Women Development Corporation to empower women entrepreneurs by providing financial support and training to start or expand their own businesses.
Udyogini Scheme
Scheme Objectives
The primary goals of the scheme are to:
- Promote Self-Reliance: Enable women to lead self-reliant lives through entrepreneurship.
- Overcome Financial Barriers: Provide access to loans and subsidies to overcome the challenge of high-interest loans for starting a business.
- Encourage Profitable Ventures: Support the initiation of profitable business activities.
- Foster Rural Development: Assist women in rural areas to achieve a higher, financially independent standard of living.
Financial Benefits and Subsidies (Udyogini Scheme)
The scheme offers different levels of support based on the applicant’s category:
| Beneficiary Category | Maximum Unit Cost | Subsidy on Loan | Family Income Limit |
|---|---|---|---|
| Scheduled Caste/Tribe Women | ₹1 Lakh to ₹3 Lakhs | 50% | Less than ₹2 Lakhs per annum |
| Special & General Category Women | Up to ₹3 Lakhs | 30% (Max. ₹90,000) | Less than ₹1.50 Lakhs per annum |
Eligibility Criteria
To qualify for the scheme, an applicant must satisfy all of the following conditions:
- Gender: Must be a woman.
- Residency: Must be a permanent resident of Karnataka.
- Age: Must be between 18 and 55 years of age.
- Income:
- For General and Special Category women, the annual family income must be less than ₹1.50 Lakhs.
- No income limit for widows or women with disabilities.
- Financial History: Must not have defaulted on any previous loans from a financial institution.
- Existing Beneficiaries: The household should not have an existing LPG connection in any family member’s name.
Documents Required (Udyogini Scheme)
Applicants need to gather the following documents:
- Three passport-sized photographs.
- Certificate of training or experience in the proposed business activity.
- Detailed Project Report (DPR) for the activity seeking funding.
- Ration Card.
- Voter ID card.
- Annual Family Income Certificate.
- Caste certificate (if applying under SC/ST category).
- Quotations or references for machinery, equipment, and other capital expenditures.
Application Process: Online and Offline (Udyogini Scheme)
You can apply through either of the following methods:
Offline Application Method:
- Visit Bank: Go to the nearest bank with all required documents.
- Get Information: Obtain all necessary details and the application form from the bank.
- Submit: Provide the filled application form and attached documents to submit your application offline.
Online Application Method:
The online process involves multiple stages of verification:
- Step 1: Application Submission
- Visit the official website of the banks offering loans under the scheme.
- Submit your application online.
- The Child Development Project Officer (CDPO) will review applications and conduct a spot verification.
- Verified applications are sent to a selection committee.
- Step 2: Loan Processing
- Bank or Karnataka State Financial Corporation (KSFC) officials verify the documents and project proposal.
- The bank processes the loan application and sends a request to the corporation to release the subsidy.
- Step 3: Loan Disbursement
- Upon approval, the loan amount is disbursed directly to the applicant’s bank account or to the supplier’s account for machinery and equipment.
How to Get the Most Accurate Information (Udyogini Scheme)
Since this scheme appears to be newly launched, it is crucial to get information from official sources to ensure accuracy.
- Check Official Websites: Regularly check the official websites of the Karnataka State Women Development Corporation and the Department of Women and Child Development, Karnataka, for the official scheme notification, detailed guidelines, and application links.
- Contact Directly: Reach out to the Karnataka State Women Development Corporation via phone or email for clarification on the application process and eligibility.
Conclusion :- (Udyogini Scheme)
Female candidates applying for the Ujjwani Yojana can apply online and offline after knowing all the information about this scheme. For the last date for applying and more information, visit the official website, read all the information given there and submit the application.
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