Sant Ravi Das Swarojgaar Yojana

Sant Ravi Das Swarojgaar Yojana

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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. Beneficiaries can also avail a 12-day entrepreneurship development training.

Benefits

  • 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years (including moratorium).
  • Subsidy is conditional on regular loan repayment as per schedule.

Eligibility

  • Resident of Madhya Pradesh.
  • Age between 18 and 40 years.
  • Belong to Scheduled Caste category.
  • Minimum educational qualification: 12th class pass.
  • Annual family income not exceeding ₹12.00 lakhs.
  • Not a defaulter of any bank or financial institution.
  • Not a current beneficiary of any other self-employment scheme.
  • Family Definition: Unmarried (Applicant and parents); Married (Applicant, spouse, and dependent children).

Application Process

Offline:
Step 1: Visit the Scheduled Caste Welfare Department Office and request an application form.
Step 2: Fill in mandatory fields, sign across photo, and attach self-attested documents.
Step 3: Submit the form to the authority within the prescribed period.
Step 4: Request a receipt or acknowledgement containing the date, time, and unique ID.

Documents Required

  • Aadhaar Card
  • Proof of identity and residence
  • Caste Certificate
  • Income Certificate
  • Educational Qualification Certificate
  • Bank Account Details
  • Project Proposal
  • Loan Sanction Letter
  • Photographs

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