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Banking,Financial Services and InsuranceState/ UT Level

Livelihood Opportunity Promotion Scheme (Scheduled Caste)

The scheme aims to promote self-employment among Scheduled Castes. It provides financial aid, including loans, margin money, and grants, for livelihood projects.

Authority

State/ UT

Region

Uttarakhand

Status

Active / Open

Updated

Recently Verified

What are the Benefits?

Financial Assistance: | - Project Cost Limit: ₹50,000/- to ₹2,00,000/- | - Bank Loan: 60% of the project cost | - Margin Money: 30% of the project cost (payable with applicable interest over 60 monthly installments) | - Grant: Maximum of ₹10,000/- | Beneficiary Contribution: | - No contribution for project cost up to ₹1,00,000/- | - 10% contribution for project cost between ₹1,01,000/- and ₹2,00,000/-.

Who is Eligible?

The applicant must be a permanent resident of Uttarakhand.; The applicant must belong to the Scheduled Caste category.; The applicant’s age must be between 18 and 50 years.; The applicant’s annual income must not exceed ₹1,05,600/- for rural areas and ₹1,29,840/- for urban areas.

Required Documents

Aadhaar Card
PAN Card
Income Certificate
Residence Proof (Domicile)

Common Questions

Who can apply for this scheme?

Only Scheduled Caste residents of Uttarakhand aged between 18 and 50 years.

What is the income limit to apply?

₹1,05,600 annually for rural applicants; ₹1,29,840 for urban applicants.

What kind of projects are allowed?

Small-scale business, self-employment, and livelihood-based projects.

Is any subsidy or grant provided?

Yes, a grant of up to ₹10,000 is provided.

What is the contribution required from the applicant?

None for projects up to ₹1,00,000; 10% for projects above ₹1,00,000.

Is training covered under this scheme?

No, training is covered under a separate scheme – Pradhan Mantri Anusuchit Jati Abhyuday Yojana.

Where can I get the application form?

From the Development Block Office in your area.

Who selects the beneficiaries?

A district-level committee led by the District Social Welfare Officer.

Can I apply online?

No, the process is offline through block and district offices.

How is the margin money paid back?

In 60 monthly installments, with applicable interest.