The Manner of Execution of Subsidy Programmes - enabled.in

The Manner of Execution of Subsidy Programmes

Name of Programme/SchemeSelf Employment Subsidy Scheme

1. Bank Loan Subsidy Scheme

2. Bunk Stall Subsidy Scheme

Duration of Programme/ SchemeOn- Going Programme
Objective of the ProgrammeTo assist the disabled persons to avail loan from Nationalised Banks towards Self- Employment ventures including setting up of bunk stalls.
Physical and Financial targets of the programme ( Current year)Physical Target: 1050 beneficiaries. Financial Target: Rs. 32.50 Lakhs.
Eligibility of BeneficiaryAny disabled person in the age group of

18 and above. The family income should be below Rs. 12,000/- per annum.

Pre- requisites for the benefitSome experience in undertaking the trade for which the loan has been requested from the Nationalised Bank by the beneficiary.
Procedure to avail the benefits of the programmeApplication forms available in the Office of the District Disabled Rehabilitation Officer should be filled and submitted with relevant certificates to the District Disabled Rehabilitation officer (DDRO) in districts which will be forwarded to concerned Nationalised Banks with DDRO’s recommendations. The applications are scrutinized by the Bank Officials for the viability of the project and the efficiency of the beneficiary.
Criteria for deciding eligibilityIncome Certificate from the Tahsildhar, Disabled Identity Card, Family card (Ration card) and quotation for installing bunk.
Detail of the benefits given in the programme (also mention the amount of subsidy or other help given)Based on the sanction letters received from the Nationalised Banks, Government Subsidy equal to 1/3rd of loan amount or Rs.3,000/- whichever is less is paid for the Bank Loan scheme. Bunk stall subsidy of Rs. 5,000/- or 1/3rd of the loan amount whichever is less will be given to disabled persons who desires to install bunk stall.

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