Financial aid will be provided under this scheme to start small scale self-employment activities where unemployed women belonging to Scheduled Tribes in urban and rural areas will earn profits. A subsidy of Rs.15,000/-/- per member and a loan of Rs.10,000/- per member in an elected Self Help Group having at least 10 and 20 Women Members of The Scheduled Tribes, thus, a loan of Rs.25,000/- financial assistance per member will be provided to the self-help group. Financial aid to self-help groups will be transferred directly to the bank account held by the association in 2 installments depending on the size of the unit activities.
Subsidy
Interest will be charged at the rate of 4 per cent per annum on loans released to self-help groups. The loan amount is to be repaid to the Corporation in monthly/quarterly installments over a period of 3 years along with interest.
To whom / eligible ?
To whom?
For the people of Scheduled Tribe
Eligibility
Must belong to the nomadic community of scheduled tribes and should have been a resident of the Karnataka State for at least last 15 years.