Sant Ravi Das Swarojgaar Yojana
By Tribal Welfare and Scheduled Caste Welfare Department, Government of Madhya Pradesh
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Quick Answer
Funding for manufacturing projects (up to ₹50 lakh) and service or retail projects (up to ₹25 lakh), plus a 5% interest subsidy on loans, for Scheduled Caste applicants in Madhya Pradesh.
- Funding amount
- ₹1L – ₹50L
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Madhya Pradesh
About this subsidy
Scheduled Caste (SC) applicants in Madhya Pradesh can get funding for manufacturing projects costing ₹1 lakh to ₹50 lakh, and for service or retail trade projects costing ₹1 lakh to ₹25 lakh. You also get an annual interest subsidy of 5% on both Term Loans and Working Capital Loans. The scheme is run by the Tribal Welfare and SC Department of Madhya Pradesh.
The subsidy lasts up to 7 years, including any moratorium period, as long as you repay regularly. It covers new manufacturing units and the expansion of existing ones. You also complete a 12-day online entrepreneurship development training.
To apply you must live in Madhya Pradesh, be aged 18 to 40, have passed 12th class, and have annual family income of no more than ₹12.00 lakhs. You must not be a defaulter of any bank or financial institution, or a beneficiary of another state or central self-employment scheme.
Eligibility
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Subsidy providers
Provider
Tribal Welfare and Scheduled Caste Welfare Department, Government of Madhya PradeshMadhya Pradesh · India
Benefits & Funding
- Amount
- ₹1L – ₹50L
What You Get
Beneficiaries under the Sant Ravi Das Swarojgaar Yojana receive a significant 5% annual interest subsidy on both Term Loans and Working Capital Loans. This subsidy is applicable for a period of up to 7 years, inclusive of any moratorium period, and is conditional on regular loan repayments. The scheme supports projects in manufacturing with funding up to ₹50 lakh and service/retail trade projects up to ₹25 lakh. In addition to financial assistance, participants also benefit from a comprehensive 12-day entrepreneurship development training program delivered through an online module, designed to enhance their business acumen and operational skills.
- Disbursement
- Tranched
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Selection Process
Applications submitted to the Scheduled Caste Welfare Department Office will undergo a thorough screening process. This will involve verification of eligibility criteria, including applicant age, residency, Scheduled Caste status, educational qualification, and family income. Financial background checks will also be conducted to ensure the applicant is not a defaulter. Shortlisted applications will be further evaluated based on project feasibility and adherence to scheme guidelines. Final selection will be made by a designated committee within the department, ensuring only eligible and viable self-employment proposals receive support.
Application Process
- 1
Get Application Form
Applicant visits the Scheduled Caste Welfare Department Office to obtain the application form.
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How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the primary objective of the Sant Ravi Das Swarojgaar Yojana?
The primary objective is to promote self-employment and entrepreneurship among Scheduled Caste individuals in Madhya Pradesh by providing financial assistance and skill development for setting up or expanding manufacturing, service, and retail trade projects.
What types of projects are eligible for funding under this scheme?
The scheme provides funding for new or existing manufacturing units, which can receive up to ₹50 lakh. It also supports service and retail trade projects, with funding available up to ₹25 lakh.
What is the age limit for applicants?
Applicants must be between 18 and 40 years of age to be eligible for the scheme.
Is an interest subsidy provided, and for how long?
Yes, Scheduled Caste beneficiaries can receive a 5% annual interest subsidy on Term and Working Capital Loans for up to 7 years, including any moratorium period, provided loan repayments are regular.
What is the application process for the scheme?
The application process is offline. Interested applicants need to visit the Scheduled Caste Welfare Department Office in Madhya Pradesh, request the application form, fill it with mandatory details, attach required documents, and submit it to the authority, ensuring to get a submission receipt.
Are there any educational qualifications required?
Yes, applicants must have a minimum educational qualification of 12th class passed to be eligible for this scheme.
Sources
Data on this page is compiled from official program and provider references.
