To provide livelihood opportunities to the Persons with Disabilities and to enhance their income through establishing Industries, Service, Business and Agricultural and allied activities etc and thereby enable them to lead normal life in the society by earning sustainable income from out of the established unit
a) A person who was certified as Person with Disability by the Medical Board with more than 40% Disability.
b) Age between 21 to 55 years
c) Annual income of the family should not exceed Rs.1.50 Lakhs in Rural areas and Rs.2.00 Lakhs in Urban areas.
d) The candidates should not have availed subsidy in the last (5) years previously from Disabled Welfare Department or any other department or any Government Agency.
e) One house-hold shall be limited to only one Self-Employment Scheme in (5) years.
f) Beneficiaries availing the scheme shall not be eligible for any benefit under such scheme for the next (5) years.
g) The Candidates who are possessing technical qualifications and/or having considerable experience in the relevant activity may be given priority.
100% financial assistance directly by way of subsidy to the units up to Rs.50,000/- unit cost. Financial Assistance for above Rs.50,000/- unit cost would be linked to the credit component of bank. The pattern of assistance will be is as detailed below.
Applicable Subsidy Pattern | Percentage of Subsidy | Percentage of Bank Loan |
---|---|---|
1) Up to Rs.50,000/- unit cost | 100% | NIL |
2) Up to Rs.1.00 Lakh Unit cost | 80% | 20% |
3) Rs.1.01 Lakh to 2.00 Lakh unit cost | 70% | 30% |
4) Rs. 2.01 Lakh to 10.00 Lakh | 60% or 5.00 Lakhs whichever is less | 40% or the balance |