Shri Vajpayee Bankable Scheme 2020 Subsidy Loan Application Form | bajpai bankable yojana detail in gujarati | vajpayee bankable yojana online application | bajpai bankable yojana details in hindi |gujarat government subsidy loan.
The Gujarat Government has launched a new scheme for the workers of cottage industry. This scheme provides financial assistance to the craftsman of cottage industry. The Gujarat has started this scheme in the memory of our respected former Prime minister Late Shri Atal Bihai Vajpayee. This scheme is known as “ Shri Vajpayee Bankable Scheme 2020” We are heard every day, the Government of Gujarat is taking many steps to give employment to unemployed people.
Vajpayee Bankable Scheme
Growing day by day population has created lots of hurdles in the development of the country. For this reason, the governments of all the states are very busy to develop their own state over all. So the government of Gujarat has implemented a scheme for the benefit of the rural and urban persons those are unemployed and wants to start their own business.
Shri Vajpayee Bankable scheme is providing financial loan to workers of cottage industry. The banks that provides loan for this scheme are nationalized banks, public sector banks, co-operative banks and private banks.
The cottage industry is types of small scale business in which people do work in their own home also use their own equipments. Maximum population of villages in India earns their livelihood by this cottage industry. This Cottage industry includes textile and clothing industry, food production, rope production, candle production etc.
Purpose of this scheme: – The purpose of this scheme is to provide self-employment to the unemployed people of Gujarat and also covers blind and disabled person. This main motive of this scheme is to provide
Main Features of Shri Vajpayee Bankable Scheme
Self-empowerment: This scheme will help to empower the people who belong to weaker section of the state. Under this scheme the citizen of Gujarat get their own employment and decrease the unemployment in the state, because of this rise the GDP rate of state.
Help disabled and Blind People: This scheme will also provide financial assistance to those persons is disabled due to an accident or by birth.
Skill Development: – This scheme will also develop skills of persons because of this people start their own business and become self dependant.
Financially Assistance: – Under this scheme people will get financial assistance of Rs. 2,500
Means of livelihood: – After getting the training under this scheme the women of the state will be able to get many types of employment opportunities.
Maximum loan provided by the banks under Vajpayee Bankable
- For the industrial sector the loan amount is INR 8 Lakhs.
- For the Service sector the loan amount is INR. 8 Lakhs
- For the trade sector the loan amount is about INR. 8 Million.
Subsidy provided under this scheme
The subsidy under this scheme may vary according to areas and categories of people.
For Rural Areas:
General category: – The subsidy provided is 25% of the loan amount.
Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40% or more disability: – The subsidy provided for these categories is 40%.
For Urban Areas:
General Category: – The subsidy amount is 20% in urban areas.
Scheduled Castes/ Scheduled Tribes / Ex-serviceman/Women/ blind or handicapped having 40% or more disability: – The subsidy amount for these categories is 30%.
Maximum Limit of Subsidy:-
Industrial Sector: – INR.1, 25,000/-
Service Sector: – INR 1, 00,000/-
bajpai bankable yojana details
- Urban :- INR.60,000/-
- Rural: – INR. 75,000/-
- Urban / Rural :- INR.80,000/-
Eligibility Criteria under Subsidy for Vajpayee Bankable Yojana
1. The applicants should belong to a Minority community.
2. The age of applicant should between 18-65 years
3. The annual Income of the Parent/ applicant should not exceed Rs.2, 00,000/- in Urban areas and Rs. 1, 50,000/- in Rural areas.
4. The beneficiary of this scheme should possess Aadhaar Card / Ration Card.
5. Educational Qualification: At least standard-4 (four) passes
Training / Experience: The applicant should have took training from any private organization for at least 3 months which is relevant to the profession or a government approved institution or a family business.
Vajpayee Bankable Scheme Online Application
- Visit the website, http://www.cottage.gujarat.gov.in/ of Gujarat government.
- Fill the appropriate form under the schemes chosen and category
- Upload the documents required and submit it.
This scheme helps to create new entrepreneurs which increase the economy of the state. The people of the state will become self dependant and earn their livelihood with ease.