Subsidy for Bank Linked Income Generation Scheme - Economic Support Scheme - Telangana

The scheme is for individuals who desires to setup self employment activities where the maximum unit cost is up to Rs. 2,50,000/-. The Corporation provides a subsidy @ 50% of the total loan subject to a maximum of Rs.1,00,000/-. and the remaining is Bank loan.

Eligibility

1. Should be a Christian
   • Community certificate issued by Tahasildar/ Transfer Certificate of School to be submitted/Baptism Certificate issued by Mainline Church Pastor.
2. Age between 21 to 55 years
   • Any age proof certificate to be submitted-SSC Marks memo etc.
3. Annual family income below Rs.1,50,000/- for Rural and Rs.2,00,000/- for Urban.
   • Income certificate issued by Tahasildar from Mee Seva to be submitted
4. Ration Card is Mandatory
5. One Passport Size PhotoGraph

Procedure

• Every Beneficiary can apply Online only through MPDOs / District Office of the concerned Mandal / District;
• After applying in the portal, the beneficiary should submit the application form and enclosures to the concerned District Officer (Executive Director, TSCMFC).
• The Bank processes the loan application as per their norm and will accord sanction and intimates through a bank sanction letter.
• After getting approval of the respective District Collector, Subsidy is released from the Head Office (TSCMFC) to the beneficiaries Non-Operative SB Account Number Directly.

 

S.No	Activity Name / Scheme		S.No	Activity Name / Scheme
1	Tailoring and Embroidery		13	Electrical Shop
2	Kirana & General Stores Bangle Shop		14	Air Compressor /Tyre Puncture
3	Auto Rickshaw		15	Milch Animals
4	Cloth Business / RMG		16	Tyre Retrading and repairing
5	Bakery / Tea Stall / Cool drink Shop / Pan Shop		17	Steel Fabrication cum Roller Shutter Unit
6	Pickup Van		18	Carpentry and Furniture shop
7	Book Stall		19	Fast Food Centre
8	Photo Copy Centre / Fax/ STD booth		20	Tent House
9	Internet Café		21	Beauty Parlor

Note.The Government has issued comprehensive guidelines for implementation for Self Employment Schemes being implemented by all welfare Departments including APSCMFC vide GO.MS.No.101 Social Welfare (SCP-I) Dept Dt.31-12-2013

Visit:

http://tscmfc.in/schemedesc.php?&id=10

http://tscmfc.in/