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Updated: 21-11-2024 at 3:31 PM
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The Dalit Bandhu Scheme, launched by the Government of Telangana, to provide financial assistance to Dalit families and empower them to start their own venture/ business to create a sense of independence in the community. The government scheme provides Rs 10 Lakhs to each family to help them start a business and spread prosperity and a sense of self reliance.
Dalit Bandhu Scheme | |
---|---|
Particular | Detail |
Launch Year | 2024 |
Beneficiaries | Dalit Communities |
Service Offered | Financial aid offered to start business |
Launched By | Government of Telangana |
Objective | To encourage the spirit of entrepreneurship and self-reliance |
Amount Contributed | ₹ 10 Lakh / Family |
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The Telangana government's Dalit Bandhu Scheme provides Dalit families with a ₹10 lakh incentive to launch enterprises or engage in other entrepreneurial endeavors. The government program promotes sustainable livelihoods and financial independence within the Dalit population with the goal of social & economic empowerment.
To prevent debt, financial aid is provided directly without the involvement of banks. Additionally, training programs are provided to improve business skills.
There are multiple boons by the Dalit Bandhu Scheme for Dalit families as it is uniquely framed to help create a culture of financial responsibility and entrepreneurship in the family:
Without a bank guarantee, the households would get ₹10 lakh in funding to launch their businesses.
For the Dalit Bandhu initiative, the government has allocated ₹1200 crore in funds.
The administration will also implement a policy of reservation in the industries where it grants licenses to encourage Dalit entrepreneurship.
The government would set aside a reserve for Dalits when granting permits for businesses like rice mills, pharmacies, wineries, and fertiliser stores, among other industries.
In addition to providing financial assistance to assist the recipient in the event of any challenges, the government plans to establish a fund known as the Dalit Safety Fund.
Although the scheme is for any Dalit community members looking to further themselves in life, there are certain stipulations as to who can apply:
The applicant must be a resident of Telangana belonging to the SC community.
The applicant's family income should be less than 2.5 Lakhs, owning less than 3 acres of land and less than one residential house.
The applicant shouldn’t currently be availing any other govt welfare scheme.
The applicant must have a bank account and an Aadhaar Card.
The applicant must be between the ages of 25 -50 and must have at least passed Class 10th.
The applicant must have a good business idea and enough funds for 10% of the project.
The applicant should not have a criminal record.
The applicant with a graduate of a professional degree like engineering or medicine.
Caste certificates are not used to assess eligibility for the program; rather, a thorough survey will be used to ascertain the social & economic circumstances of the households.
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Applying for the Dalit Bandhu Scheme is very easy as it is very accessible and only requires a few simple steps on the part of the applicant. The process is as follows:
Step 1: Log on to the official website for this govt scheme.
Step 2: If this is your first time, create an account, and fill in your details in the registration form.
Step 3: Hit “Register” and take note of your username and password. Now Login.
Step 4: Download the application form from the website Dashboard.
Step 5: The application must be properly completed and sent to the TSSCDC office in the applicant's area, together with the necessary paperwork.
Step 6: Proof of identity, proof of domicile, proof of age, proof of income, proof of educational background, a workable company plan or entrepreneurial idea, and a bank account number are among the necessary documents.
Step 7: The TSSCDC will carry out a feasibility analysis of the suggested business or entrepreneurial endeavour when the application has been received and validated.
Step 8: Following grant approval, the TSSCDC will transfer the money straight to the applicant's bank account.
Step 9: 10% of the project's cost must be contributed by the applicant; the remaining 90% will be covered by the grant.
Step 10: Additionally, the candidate must complete training in entrepreneurship, financial management, and other pertinent subjects.
Step 11: Regular progress reports must be sent to the TSSCDC by the applicant, and the success of the business or entrepreneurial endeavor will be tracked.
The application process requires the submission of certain required documents for the application to be processed and cataloged for the right applicant. The required documents are
Bank account details
Valid mobile number
The Telangana government's revolutionary Dalit Bandhu Scheme gives each Dalit household ₹10 lakh to encourage economic independence and entrepreneurship. By providing financial assistance without bank guarantees and encouraging independence and dignity, it seeks to improve the community.
For more information and to engage with a community of informed citizens, visit the Jaagruk Bharat Community Page. Get updates, tips, and insights on how to access other such Sarkari schemes issued by the government of India
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