How are you dear readers? Hope you enjoy. Different schemes have been released by 26 departments of Gujarat. Today we will talk about a section plan. Many schemes are run by the Office of the Commissioner, Cottage and Village Industries. In which Dattopant Thengadi Kargar Interest Support Yojana, Jyoti Gramodyog Vikas Yojana, Gramodyog Vikas Kendra etc. schemes are running.
Vajpayee bankable yojana in Gujarati
Vajpayee Bankable Yojana is a scheme to provide financial loans/assistance to cottage industry artisans through Nationalized Banks, Co-operative Banks, Public Sector Banks, Private Banks. The objective of Shri Vajpayee Bankable Yojana is to provide self-employment to the unemployed persons of urban and rural areas of Gujarat under the scheme. A disabled or blind person can also benefit from this scheme.
The scheme is run by the Office of the Commissioner, Cottage and Village Industries, Gandhinagar. Vajpayee Bankable Yojana is a Loan Yojana. Loans are given under this scheme to provide self employment. Loan subsidy is also given on this loan . One has to apply online to avail Vajpayee Bankable Loan Scheme. For which a new portal has been launched by Finance Department .
Purpose Of Vajpayee Bankable Yojana
It is very important to provide opportunities for self-employment to the educated youth/girls, disabled people in rural and urban areas of Gujarat state. An important objective of Shri Bajpai Bankable Yojana is to promote cottage industries. vajpayee bankable yojana has been implemented for the purpose of getting loans at very low rates so that citizens can start their own independent business and become self-reliant . Under the VBY scheme, the beneficiaries will get loans in the industry, service and trade sectors. And subsidy is also available on this.
Eligibility Criteria Of Vajpayee Bankable Scheme
The scheme is run by the Commissioner of Cottage and Rural Industries . The Shri Bajpai Bankable Yojana has set certain eligibility criteria for who is assisted. Which is given below.
- Should be a citizen of Gujarat state.
- Beneficiary should have educational qualification of at least standard-4 .
- Age of applying beneficiary should be 18 to 65 years .
- The beneficiary should have at least 3 months of training from a private institution relevant to the business or profession for which the loan is to be taken.
- Beneficiary will be eligible to avail this scheme even if he has undergone 1 month training from a government recognized institution.
- An applicant with 1 year of business related experience will also be considered.
- The benefit of the scheme will be available even if the beneficiary himself is a legacy artisan.
- Disabled or blind citizens can also benefit from this scheme.
- Under this scheme applicant can get loan through vajpayee bankable yojana bank list like nationalized banks, cooperative bank, public sector banks, private bank.
- Vajpayee bankable yojana Gujarat benefit will be availed only once per person.
- Active SHGs whose grading is done will be eligible to avail Vajpayee Bankable Loan Yojana.
- Applicants who have availed the benefit of such scheme through this department or any other department will not be eligible for this scheme.
Highlight Point Of Gujarat Vajpayee Bankable Yojana
| Name of the scheme | Shri Vajpayee Bankable Yojana |
| Language of Article | Gujarati and English |
| Purpose of the scheme | This scheme is implemented to encourage the citizens of Gujarat to start a new business, business or industry by providing loans with subsidies. |
| Beneficiary | All Eligible Caste Beneficiaries of Gujarat |
| Loan amount available under the scheme | Under this scheme, a loan of up to 8 lakhs is given to the beneficiary. |
| Subsidy available on loans | Beneficiaries will be eligible for subsidy ranging from Rs.60,000/- to Rs.1,25,000/- under this scheme . |
| Official Website | Click here |
| Apply online | https://blp.gujarat.gov.in/ |
1) Maximum Rs.8 lakh for industrial sector.
(r) For service sector a maximum of Rs. 8 lakhs.
(3) For business sector a maximum of Rs. .8 lakhs.
Shree Vajpayee Bankable Yojana Loan Subsidy
Rate of Assistance on Loan Amount: The rate of assistance for industry, service and trade sector under this scheme will be as follows.
Area : General Category Scheduled Caste/ Scheduled Caste/ Ex-Serviceman/ Female/ 40% or more Blind or Handicapped
Rural : 25% 40%
Urban : 20% 30%