Rajiv Gandhi Swavlamban Rojgar Yojna
At a Glance
Scheme Category
Business & Entrepreneurship,Banking,Financial Services and Insurance,Setting up / start-up / entrepreneurship,Loan
Target Beneficiaries
Artists,Individual,Business Entity
Brief Description
“Rajiv Gandhi Swavlamban Rozgar Yojna” has been designed, developed, and promoted by the Delhi Khadi & Village Industries Board, with the help of the Government of NCT of Delhi, to provide employment opportunities.
Benefit Type
In Kind
Eligibility Criteria
1. Any one of the following can avail loan under the scheme: - School/College dropouts - Individual entrepreneur - Trade Professionals - Artisan - Passed out candidates from any technical/professional institute recognized by the Government and its authorized undertaking bodies, without further training. - Small-Scale Industrial units with a total investment in plant, machinery, and equipment, not exceeding the ceiling prescribed for small-scale units by the Central Government from time to time and must be located within the N. C. T. of Delhi, are also eligible for financial aid/ loan. 2. The age of the applicant should be between 18 years to 50 years.
Application Mode
Offline
Application Process
Step 01: The applicant may apply through offline mode by submitting the application form along with all the relevant documents directly in the office of the Board. Step 02: The loan application form can also be <nis:link nis:type=webUrl nis:id=slugId nis:text="downloaded" nis:value=https://dkvib.delhi.gov.in/sites/default/files/DKVIB/generic_multiple_files/rgsry-form.pdf nis:enabled=true/> from the <nis:link nis:type=webUrl nis:id=slugId nis:text="official website" nis:value=https://dkvib.delhi.gov.in/dkvib/salient-features-rajiv-gandhi-swavlamban-rojgar-yojna nis:enabled=true/> of the Board. Step 03: Fill in all the mandatory details in the application form and submit it along with all essential documents in the office of the Board. Step 04: After successful verification, the applicant will be eligible to get the benefits of the scheme. Note 01: ADO/Nodal Officer of RGSRY will be available daily for inquiries about the scheme in the Board office. Note 02: Applications received under the scheme will be dealt on First Come First Serve basis.
Required Documents
- Copy of Electoral Card/ Valid Passport/Aadhar Card as Identity proof Two passport-size attested photographs Education Proof Worksite detail viz. Proof of Ownership/Possession, Rent Agreement, No Objection Certificate from the Owner, Electricity Bill, etc. Declaration in the prescribed format (Proforma attached). Consent Letter of the Surety/Guarantor Proof of equity/Self Contribution Electricity Bill (Residence) For Shop/ Business/Professions: Registration Certificate from MCD Industrial unit in non-confirming: NOC of HPC & MCL.
- Note: In the case of online applications, the above documents can be uploaded on the portal in JPEG, JPG, PNG, GIF, or PDF format. File size should not be more than 2 MB.
FAQs
What is the objective of the scheme?
The objective of the Scheme is to provide employment opportunities to unemployed youths, artisans, trained professionals, skilled technocrats, and entrepreneurs by promotion/expansion of permissible industries, professions, and tertiary and service sectors in the UT of Delhi.
Which is the implementing department of the scheme?
Delhi Khadi & Village Industries Board
What is the benefit of the scheme?
The quantum of loan granted under this scheme shall be provided to the concerned entrepreneur up to ₹3,00,000/-.
How much contribution of the loan amount shall be made by the concerned entrepreneur?
The concerned entrepreneur shall make at least a 10% contribution of the amount demanded as a loan from the DKVIB. In the case of weaker sections i.e. SC/ST/OBC/Ph. H./Women/Ex. Servicemen, only 5% contribution of an entrepreneur is required.
Who is eligible to get the benefits of the scheme?
The unemployed youths, artisans, trained professionals, skilled technocrats, and entrepreneurs by promotion/expansion of permissible industries, professions, and tertiary and service sectors in the UT of Delhi will be eligible to apply under the scheme.
What is the age criterion for an applicant under the scheme?
The age of the applicant should be between 18 to 50 years.
What are the eligible projects for which financial aid/loan may be granted under the scheme?
The financial aid as a loan under these rules may be granted to the eligible projects pertaining to any of the following groups/sectors: Secondary Sector (Tiny/Cottage Industries), Tertiary Sector (Trade, Transportation, Hostels, Restaurants without Liquor and Meat, etc.) and Services Sector: (Under the ambit of various Terms & Conditions, provisions of local bodies and Delhi Master Plan.
How much subsidy will be provided by the government to the beneficiary?
Govt. of Delhi will provide a subsidy @ 15% of the project cost subject to the ceiling of ₹7,500/- per entrepreneur.
Will any penalty be imposed on the borrower in cases the loan amount is not utilized for the purpose for which it was released?
Yes, the subsidy component will be recovered from the borrower along with 18 % penal interest in cases where the loan amount has been found not utilized for the purpose for which it was released.
What will be the tenure of the loan payment?
Every loan with interest thereon shall be repaid in full within 5 years in equal quarterly installments.
What is the rate of interest on the loan amount?
The loan granted under this scheme shall bear interest as prescribed by the Govt. of NCT of Delhi from time to time.
At what time the applicant has to use the loan amount?
The borrower shall utilize the loan for the specific purpose for which it is advanced within three months.
Will the applicant need to furnish the security of the loan?
Yes, the applicant shall furnish a surety/security of one Govt. Servant. The Government Servant may be either an employee of GNCTD or of its autonomous bodies or Central Govt. employees, working in Delhi.
Will the government also provide marketing support to the beneficiary under the scheme?
Yes, under this scheme the following arrangements are proposed for extending marketing support to the beneficiaries who avail financial assistance under this Scheme.
How can an applicant avail the benefits of the scheme?
The applicant shall apply to the DKVI Board on the prescribed Loan Application Form. The applicant can apply online on the e-district portal of GNCTD or through offline mode by submitting the application form along with desired documents directly in the office of the Board. The application form can also be downloaded from the official Website of the Board.