3 lakh subsidy for purchase of these vehicles:
Karnataka government is providing vehicle subsidy to control the number of unemployed in the state and encourage the youth. Here is complete information about its eligibility criteria, scheme objective, features and documents required to apply.
Self-sufficient Sarathi Yojana:
Karnataka Chief Minister Shri K.Siddaramaiah has decided to launch a new scheme called Swavalambi Sarathi Yojana, under which unemployed youth belonging to minorities, SCs and STs will be benefited and will be provided with subsidy to purchase four wheelers to get them self-employed. In this scheme 50% to 75% subsidy is provided to the youth.
The amount provided to the beneficiaries is directly credited to their bank account. Applications for Swavalambi Sarathi Yojana can be submitted online.
Features of Swavalambi Sarathi Yojana:
Makes employment arrangements for the unemployed citizens of the state.
The benefit of this scheme will be provided to the youth who want to start their own business.
The scheme aims to reduce the unemployment rate in the state.
75% subsidy is provided for loans up to Rs.4 lakhs for SC/STs.
50% subsidy is provided for loans up to Rs 3 lakh for minorities.
Swavalambi Sarathi Yojana Eligibility Criteria :
Applicants should belong to State Religious Minority Community or belong to SC /ST category.
Applicants must be permanent residents of the state.
Applicant age limit should be between 18 and 55 years.
Annual family income from all sources is Rs 4.50 lakh. Must be inside.
No member of the applicant’s family should be an employee of State/Central/Government Public Sector Undertakings.
Applicants must have driving license from Regional Transport Officer (RTO).
Enterprise Development Scheme
Candidates belonging to the community under the following corporations can apply for the Entrepreneurship Development Scheme.
Applications are invited for Swavalambi Sarathi Yojana for Economic Development of Scheduled Castes in the year 2023-2024.
Dr. B.R. Ambedkar Development Corporation,
Karnataka Bhovi Development Corporation,
Karnataka Team Development Corporation,
Karnataka Adijambava Development Corporation,
Karnataka State Safai Karmachari Development Corporation,
Nomadic Development Corporation of Scheduled Castes and Scheduled Tribes.
Swavalambi Sarathi Yojana: Documents required to applynOline application
2 recent passport photographs of the beneficiary
Caste – Income certificate
Copy of bank pass book,
Affidavit regarding non-transfer of the vehicle acquired under this scheme during the loan period;
Affidavit from the beneficiary that the beneficiary and his family members have not availed loan facility under any scheme from the State Government for purchase of vehicle.
Swavalambi Sarathi Yojana Selection Committee:
District Collector concerned – Chairman
Zilla Panchayat Chief Executive Officer – Vice President
Lead Bank Manager of the concerned district – Member
Concerned District Regional Transport Officer- Member
District Officer, Minority Welfare Department of the concerned district- Member
District Manager of KMDC in concerned district – Member Secretary
How to Apply for Swavalambi Sarathi Yojana:
Step 1: You have to visit the online website and submit the application: kmdc.karnataka.gov.in
Step 2: On the home page you have to click on Apply Online button.
Step 3: Now a new page of Swavalambi Sarathi Yojana application form will be displayed on your screen.
Step 4: You have to fill all the details like your full name, bank details and address in the online application form.
Step 5: After that you have to upload the required documents.
Finally you have to click on submit button.