SRDSY
What this is
The Sant Ravi Das Swarojgaar Yojana under the Tribal Welfare and SC Department, Madhya Pradesh, provides funding for manufacturing units (₹1 lakh to ₹50 lakh) and service/retail trade projects (₹1 lakh to ₹25 lakh) for Scheduled Caste applicants.
In detail
The Sant Ravi Das Swarojgaar Yojana under the Tribal Welfare and SC Department, Madhya Pradesh, provides funding for manufacturing units (₹1 lakh to ₹50 lakh) and service/retail trade projects (₹1 lakh to ₹25 lakh) for Scheduled Caste applicants. Scheduled Caste beneficiaries can receive a 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years, including the moratorium period. Beneficiaries can also avail a 12-day entrepreneurship development training through an online training module.
Who qualifies
- The applicant should be a resident of Madhya Pradesh.
- The applicant should be between 18 and 40 years of age.
- The applicant should be belong to Scheduled Caste category.
- The applicant should have a minimum educational qualification of 12th class passed.
- The applicant's annual family income should not exceed ₹12.00 lakhs.
- The applicant should not be a defaulter of any bank or financial institution, including MFI, NBFC, SFB, or PACS.
- The applicant should not currently be a beneficiary of any other self-employment scheme of the state or central government.
- Family Definition:
- If unmarried: The applicant and dependent parents.
- If married: The applicant, spouse, and dependent children (no age bar for dependent, unmarried children).
What you get
- Scheduled Caste beneficiaries can receive a 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years, including the moratorium period.
- The subsidy is provided on the condition of regular loan repayment as per the prescribed schedule.
Who is excluded
- The applicant should not be a defaulter of any bank or financial institution, including MFI, NBFC, SFB, or PACS.
- The applicant should not currently be a beneficiary of any other self-employment scheme from the state or central government.
not about the scheme.
Provenance
| schemeName | Sant Ravi Das Swarojgaar Yojana | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | True | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |