The Udyogini Scheme is a government initiative aimed at empowering women, especially in rural and semi-urban areas, by providing them with financial support for setting up small businesses. The scheme offers loans with subsidies to reduce the financial burden on women entrepreneurs, encouraging them to pursue self-employment in sectors like agriculture, services, retail, and small industries.
Key Features
- Loan Amount: Women can receive loans up to ₹3,00,000.
- Subsidy: A 30% subsidy (up to ₹90,000) for women in the general category, and 50% (up to ₹1,50,000) for women from SC/ST backgrounds.
- Eligibility: Women aged 18–55, with a family income of ₹1,50,000 or less (except for certain categories such as widowed or disabled women).
Eligibility Criteria
- Age: 18 to 55 years.
- Income Limit: ₹1,50,000 per annum (for general category).
- Gender: Only for women.
- Business Activity: Any small-scale business, such as agro-based activities, small manufacturing units, and service-oriented businesses.
Application Process
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- Documents Needed: Identity proof, income certificate, business plan, and training certificates (if applicable).
- Submission: Applications are submitted offline at designated centers like Karnataka One, Gram One, or Bangalore One.
Benefits
- Encourages entrepreneurship among women.
- Provides financial independence and self-sufficiency.
- Offers subsidies to reduce the loan burden.
- Promotes skill development and local economic growth.
Conclusion
The Udyogini Scheme plays a crucial role in fostering women’s entrepreneurship in India. It offers financial support, skill development, and empowerment, contributing to social and economic advancement.
This summary captures the essential details and highlights of the scheme. If you’re looking for something more detailed or specific, let me know!
