Scheme Name: 50% Subsidy Scheme

State: Maharashtra

Description of the Scheme: Uplift lifestyle of Charmakars (Dhor, Chambhar, Holar,Mochi etc.) who are economically weak and below poverty line and with an intention to develop them educationally, economically and socially so as to give them respectable place. Also production of various types of footwear & leather articles & supply to government departments & sale in open market.

Target group :

Sector of the Scheme:

Eligibility Criteria:

• Applicant must be of Charmakar Community only
• Age limit should be in between 18 to 50 years
• For 50% subsidy scheme and margin money, annual income of applicants must be below poverty line and for NSFDC scheme, income for rural area should be below Rs.98,000 and for urban Rs.1,20,000.
• Applicants must be permanent resident of Maharashtra State.
• Applicant must have a knowledge of business for which he has applied for loan.

Nature & Mode of Assistance: Implemented particularly for S.C. Charmakar Community. The beneficiary should from below poverty line with maximum annual income should not be above Rs.100000 in rural area and urban area. The maximum loan amount is Rs.50,000. 50% amount is being given as subsidy subject to the maximum limit of Rs.10,000. The rate of interest of Bank is Rs.9.50% to 12.50%.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

• Application form is available at District Office of LIDCOM.
• Applicant must fill form and submit to District Office of LIDCOM

Whom to Contact: District Offices of LIDCOM