Those people who are interested in the scheme and want to take its benefit have to apply online for this scheme. To apply online, people need to fill out the scheme application form. This article details how you can apply for this scheme? What are scheme eligibility criteria? Scheme key features, application form, objective and applying process etc, are been provided in this article.
Under this scheme, beneficiaries will get a loan at 0% interest rate. This scheme was first launched in the year 2018. It is still running in the year 2020. The application process for the scheme has now been started. Thus, those who want to apply for this scheme need to hurry to take benefit of Karnataka Kayaka Yojana 2023. The state government will buy products made by women's associations in this scheme.
Karnataka Kayaka Yojana 2023
In this scheme, the Karnataka government offers loans up to Rs 10 lakh. The loan amount of up to Rs 5 lakh will be provided at 0% interest rate. Loan amounts between Rs 5 Lakh to Rs 10 Lakh will be given at just 4% interest rate. Under this scheme, about 3,000 SHGs will get a loan of Rs 10 Lakh. During the launch of this scheme, CM handed loans to about 1,000 SHGs which were identified in districts.
Under this scheme, all the self Help Groups can apply for a loan at a very low or 0 interest rate. The loan will be provided through the cooperative banks. To get the loan, applicants can apply online by filling out the scheme application form. This scheme was announced on the 20th of December 2018. The project started in January 2020. The scheme's announcement is in the State budget for the 2018-19 financial year. In this scheme, a total of around 3,000 Self Help Groups will get the benefit.
The application process for this scheme has already been started. Thus, every interested and eligible applicant can now fill out the scheme application form online. The scheme aims to promote self employment in the State. As unemployment is a big issue in State as well as in the whole Country. This scheme also aims to empower women in the State and create job opportunities. This scheme is one of the many running social security schemes.
Scheme Highlights
| Scheme Name | Kayaka Yojana |
| State Name | Karnataka |
| Scheme Launched By | State CM H.D Kumaraswamy |
| Scheme announced On | 5th of July 2019 |
| Launched On | January 2019 |
| Scheme Beneficiaries | SHGs (Self Help Groups) |
| Scheme Objective | To Empower Women & Provide Job Opportunities |
| Benefit of Scheme | Loan Up to Rs 10 Lakh |
| Interest Rate | 0 % Up to Rs 5 Lah Loan and 4% for loans Between Rs 5 lakh to Rs 10 lakh |
The state government is offering financial assistance through loans in this scheme. The loan interest rates are very low. Even at Zero per cent for a below Rs 5 lakh loan. Eligible applicants can use this loan to get self employment. This scheme is encouraging entrepreneurs and skill development in the State. The scheme will help in developing trade and financial stability in the State. The loan amount can be used by SHGs to provide training to people. This will improve the number of skilled labour in the State.
In this scheme, the government will also set up training camps for people. People will develop various skills from these training camps. Products prepared by the SHGs will be purchased by the government. The state government will also make sure to market the products properly. Other than this, the State government has also launched Jyothi Sanjeevini Scheme for its employee. In which government employees will get medical benefits. The Jyothi Sanjeevini Scheme Hospital List has also been released by the government.
In this scheme, the government will also set up training camps for people. People will develop various skills from these training camps. Products prepared by the SHGs will be purchased by the government. The state government will also make sure to market the products properly. Other than this, the State government has also launched Jyothi Sanjeevini Scheme for its employee. In which government employees will get medical benefits. The Jyothi Sanjeevini Scheme Hospital List has also been released by the government.
The objective of the Karnataka Kayaka Yojana Loan Scheme
2) This scheme will provide financial assistance to the SHGs.
3) Scheme aims to provide self employment and empowerment opportunities to State women.
4) To encourage skill development in the State.
5) Scheme also aims to promote finances and trade in State.
6) Also, to promote entrepreneurship in women.
Key Features of the Kayaka Yojana Loan Scheme
2) Offering Loan – This scheme offers loans to SHGs from cooperative banks of the State. The loans will be available quickly and can be used in the development of skills of SHGs.
3) Amount of Loan – Under this scheme, up to Rs 10 lakh amount of loan is available for SHGs. They can apply for loans from Rs 1 lakh to Rs 10 lakh.
4) Interest Rate – The loan amount given in this scheme is been provided at a very low interest rate. Those who apply for loans up to Rs 5 lakh will get it at 0% interest rate. Loan amounts above Rs 5 lakh will be available at a 4% interest rate.
5) Implementation – This scheme will be implemented in different phases. In its first phase, five major cities of the State will be selected.
6) Number of Scheme Beneficiaries – During its first phase total of 3,000 SHGs will benefit from this scheme.
Eligibility Criteria of Karnataka Kayaka Yojana Loan Scheme
2) Scheme is meant for registered SHGs (Self Help Groups).
3) Women authorised SHGs of the State are eligible for this scheme.
Karnataka Kayaka Yojana Online Application Form pdf
1) The official website has yet to be released by the State government.
2) People can visit the nearest cooperative bank for enquiry about the scheme application form.
3) Once you fill out the application form, you will get eligible for a loan amount up to Rs 10 lakh.
Post a Comment