Deen Dayal Upadhyaya Swavalamban Yojana 2023 : Goal,Advantages,Required Documents,Application Process
Deen Dayal Upadhyaya Swavalamban Yojana 2023. The Arunachal Pradesh state government runs the Deen Dayal Swavalamban Yojana, which is a startup loan scheme. The Deen Dayal Upadhyaya Swavalamban scheme provides financial assistance in the form of startup loan subsidies from the state government. The scheme’s goal is to provide low-cost capital to unemployed youth in order for them to start their own businesses. The state government will provide bank loans ranging from Rs 10 lakh to Rs 1 crore to youth for the establishment of greenfield enterprises under the Deen Dayal Upadhyaya Swavalamban Yojana. Candidates can obtain a loan through the scheme from any bank in the state (with the exception of Arunachal Pradesh Gramin Bank (APRB) and Arunachal Pradesh State Cooperative Bank Limited (Apex)) Deen Dayal Upadhyaya Swavalamban Yojana.
Deen Dayal Swalamban Yojana Highlights
- Arunachal Pradesh’s government is willing to lend money to residents who want to start their own businesses. You can get a loan ranging from Rs 10 lakh to Rs 2 crore to start your business. One crore for the establishment of small and medium-sized businesses. This sum does not include land or construction costs.
- You can use the loan amount to start any small or medium-sized business.
- This scheme provides additional benefits to women. The government will provide a 30% rebate to businesses. In addition, as long as the loan is not an NPA, women will receive an additional 5% annual subsidy to start businesses.
- Except for the banks listed above, you can apply for a loan from any bank in Arunachal.
- A candidate’s contribution is 10% of the total project cost. If you are willing to contribute more than this, you will undoubtedly be given preference.
- The government has also established an online platform through which you can submit your application and get connected.
Activities That Are Eligible
- Agri-Horticulture & Allied Sector Eco-tourism – Home Stays / Tour Operators.
- Textile weaving tradition – modernization / purchase of new looms
- Qualified Graduates – Small scale manufacturing unit
- Entrepreneurs must contribute at least 10% of TFO. Preference for increased contribution.
Documentation is required
- To apply for the Deen Dayal Swavalamban Scheme, applicants must have the following documents:
- Identity proof (Aadhar card, voter ID, passport, driver’s licence, PAN card, etc.)
- Evidence of residency (Telephone bills, Electricity bill, Property tax receipt, etc.)
- Proof of business address Caste Certificate The applicant should not be a bank defaulter.
Mukhyamantri Swanirbhar Yojana 2023 : Goal,Advantages,Eligibility,Budget,Application Process
What is the Deen Dayal Upadhyaya Swavalamban Yojana interest rate and subsidy
- The government will provide the loan at a subsidised rate of 30%.
- The subsidised amount will also be credited to the bank via a NABARD Project Loan ranging from Rs 10 lakh to Rs 1 Cr (excluding the cost of land & building)
- Any woman entrepreneur in the state who wants to take advantage of this scheme will receive an additional 5% subsidy on the annual interest rate for establishing businesses so that the loan does not become a Non-Performing Asset (NPA).
Download the Deen Dayal Upadhyaya Swavalamban Yojana Application Form.
Fill out the form with all of the required information and return it to the ADC’s headquarters office.
- After submitting the form, the candidate will receive an acknowledgment of receipt from the ADC, HQ office.
- All applications received will be submitted to DLSC by the 25th of each month.
- Appeal to the District Level Screening Committee about when and for what. The application form will be forwarded to the State Level Screening Committee by the District Level Screening Committee (DLSC) (SLSC). The proposal will be reviewed by SLSC on the first Monday of each month.
- Candidates can now submit their loan proposal to any bank in the state after receiving approval from both committees.
Process To Apply Deen Dayal Upadhyaya Swavalamban Yojana.
Please follow the step-by-step instructions below to apply for the Deen Dayal Upadhyaya Swavalamban Yojana.
- To apply for the scheme, the applicant must go to the Government of Arunachal Pradesh’s official website.
- Use this link to download the Deen Dayal Upadhyaya Swavalamban Yojana (DDUSY) application form. The Deen Dayal Upadhyaya Swavalamban Yojana application form is available in PDF format below:
- Print the application form that you downloaded.
- Fill out all of the required information on the application form and attach all required documents to it.
- After successfully completing the application, submit the application form to the Office of ADC, HQ.
Official Website | Click Here |
1)What precisely is the Deen Dayal Upadhyaya Swavalamban Yojana?
Ans The Arunachal Pradesh government launched the Deen Dayal Swavalamban Yojana to encourage unemployed youth to gain access to low-cost capital for entrepreneurship. Scheme highlights. Subsidy for back-ended capital investment of 30%. Project loans ranging from Rs 10 lakh to Rs 1 crore (excluding cost of land & building) Deen Dayal Upadhyaya Swavalamban Yojana.
2)Who can apply for the Swavalamban Yojana? of India in May 2015, which provides a minimum Ans guaranteed pension to poor and underprivileged citizens of India. NPS Lite/ Swavalamban subscribers over the age of 40 who are unable to migrate to APY can remain in the Swavalamban scheme until they reach the age of 60.
3)When did the Deen Dayal Sparsh Yojana begin?
Ans In 2017-18, the Department of Posts launched a scholarship programme for students in Class 6th to 9th grades to encourage aptitude and research in stamps as a hobby.
4)What were Deen Dayal Upadhyay’s ideas?
Ans Upadhyaya is well-known for drafting the Jan Sangh’s official political doctrine, Integral humanism, by incorporating some cultural-nationalism values and selectively appropriating a few Gandhian socialist principles such as sarvodaya (all-round progress) and swadeshi (national progress) (self-sufficiency).
5)What exactly is the Deen Dayal Sparsh Yojana scholarship?
Ans To expand the reach of philately, the Department of Posts, Ministry of Communications, launched the Deen Dayal SPARSH Yojana, a Pan-India scholarship programme for school children.