Karnataka Swawalambi Sarathi Scheme 2023 :- The budget for the year 2023-24 was made public by the Karnataka government. Many welfare programs have been launched by the chief minister, Shri K. Siddharamaiya for families of minorities, young people and farmers. The Swawalambi Sarathi Scheme which supports self employment for young people who are unemployed and belong to minorities or the SC/ST category. In this article you get every information regarding this scheme such as eligibility criteria, benefits, objective, required documents and registration procedure.
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Karnataka Swawalambi Sarathi Scheme 2023
Mr. K. Siddharamaiya, the chief minister of Karnataka launched the Karnataka Swawalambi Sarathi Scheme. In this program, the government offers SC and ST young people who are jobless assistance for the purchase of 4 wheeled automobiles. They are able to purchase mini buses, goods carrier vehicles and cars with the assistance of the subsidy amount.
This program gives jobless teenagers a fantastic opportunity to launch their own businesses in a variety of industries and open doors for other people to find work. Minority youth would receive a 50% subsidy for loans up to Rs. 3 lakh while SC, ST youth will receive a 75% subsidy for loans up to Rs. 4 lakh. The beneficiary’s bank account will receive the subsidy payment straight through DBT. You have the option of applying for the Karnataka CM Sarathi Swawalambi Yojana offline or online.
Overview of Karnataka Swawalambi Sarathi Scheme 2023
| Name of the Scheme | Karnataka Swawalambi Sarathi Scheme 2023 |
| Launched By | State Government of Karnataka |
| Beneficiary | Unemployment Youth |
| Objective | Providing financial assistance for self-employment |
| Subsidy Amount | 3 Lakh to 4 Lakh |
| Application Mode | Online/Offline |
| Official Website | Launched Soon |
Objective for Karnataka Swawalambi Sarathi Scheme 2023
The main goal for the creation of the Swawalambi Sarathi scheme was to offer financial assistance to jobless youngsters from minority groups, SC, and ST who desired to purchase four-wheeled vehicles such as mini buses, automobiles and others for use in their own businesses. Through this scheme, the beneficiary will be able to better his financial status and open up job opportunities for others.
Benefits for Karnataka Swawalambi Sarathi Scheme 2023
The benefits of this scheme are listed below:
- To Give Unemployed Youth From Minorities & SC/STs a Chance to Find Employment.
- To provide young people a subsidy to purchase four wheelers for self employment.
- To offer SC/STs a 75% subsidy on loans up to 4 lakh rupees.
- They can purchase mini buses, goods carrying vehicles and cars using the subsidy amount.
- With the aid of this program, jobless young people have a fantastic opportunity to launch their own businesses in a variety of industries and to open up job chances for others as well.
- The beneficiary’s bank account will receive the subsidy payment straight through DBT.
- You have the option of applying for the scheme offline or online.
- To offer a 50% subsidy for loans up to 3 lakh rupees to people of minority.
Eligibility Criteria
The eligibility criteria of this scheme are listed below:
- The candidate must reside in Karnataka permanently.
- Candidates must be at least 21 years old.
- Candidates must fall under the SC/ST or Minorities category.
- The Benefits will not be available to Employed Applicants.
Required Documents
The required document of this scheme are listed below:
- Colorful Passport Size Photograph
- Aadhar Card
- Caste Certificate
- Bank Account
- Address Proof
- PAN Card
- Driving Licence
- Mobile Number
Download Application Form Procedure for Karnataka Swawalambi Sarathi Scheme 2023
- First you have to visit the Official Website of the Portal.
- The homepage will appear on your screen.
- Click on the apply online button.
- The application form will appear on your screen.
- Enter all the required details in the application form such as Address, Documents and Bank Details.
- You have to upload all the necessary documents.
- Click on the submit button.
- You can take a print out of the application form.