Subsidy Loan and Margin Money Loan Schemes for poor Scheduled Caste family

Subsidy Loan and Margin Money Loan Schemes for poor Scheduled Caste family from West Bengal S.C. and S.T. Development & Finance Corporation:-

Family Oriented Economic Development (FOED) schemes on Special Central Assistance (SCA) to Special component Plan:-

This scheme is implemented by the Corporation for catering to the poorest of the poor Scheduled Caste family living below the poverty line. The scheme is tied up with the Banks. Corporation releases Margin Money loan and Subsidy from its fund which is clubbed with the bank loan portion and disbursed to the beneficiaries through the banks.

The Corporation provides assistance to the target group people on individual or cluster basis for undertaking income generating schemes under six brand sectors like :-

1. Agriculture & Small Irrigation
2. Animal Husbandry
3. Fisheries
4. Village Industries
5. Small Business
6. Small Transport

Eligibility for the loan:
☼ Annual Family Income 1) Rs. 19654/- in Rural Areas and II) Rs.27247 in Urban areas. ☼ The beneficiary should be in the age group of 18-50 years.

☼ The beneficiary shall not be a defaulter of loan from any financial institution including the Bank/Co-operative Societies and the beneficiary shall produce a "No due certificate" from the service area Bank/Co-operative Societies which is catering his/her residential area.

Means of finance in this scheme consists of three components:

• Subsidy
• Margin Money Loan
• Bank Loan

How to apply for the loan:

Application forms are available at Gram Panchayet/Municipality/B.D.O/West Bengal SC & ST Development & Finance Corporation office. The various projects implemented under SCA to SCP scheme is illustrated (not exhaustive) Below:

• Cane & Bamboo
• Tailoring                        
• Grocery
• Paddy Processing
• Goatery
• Piggery
• Pan-bidi-cigarette stall
• Tea Stall
• Milch Cow
• Carpentry
• Puffed Rice Making
• Mat Making
• Vegetable Vending
• Shoe Making
• Chanachur Making
• Readymade Garment
• Sal leaf Plate Making
• Cycle repairing

Credit Linked Scheme:

• NSFDC i.e. National Sch.Castes Finance and Development Corporation.
• Mahila Samriddhi Yojana of NSFDC.
• Micro Credit Schemes of NSFDC
• NSTFDC i.e. National Sch.Tribes Finance & Development Corporation.
• Adibasi Mahila Sashaktikaran Yojana of NSTFDC.
• S.R.M.S i.e. Scheme for Rehabilitation of Manual Scavengers.
• NSKFDC i.e. National Safai Karmacharis Finance & Development Corporation.

For detail information visit website http://www.anagrasarkalyan.gov.in

Information taken from http://www.anagrasarkalyan.gov.in