Under this
scheme, the corporation provides working capital assistance to
artisans. The artisans can form a Group/Society/Association for
availing working capital from the corporation. An individual
artisan is also eligible for this scheme. |
Quantum of loan |
Rs.15,000/- per artisan. |
Rate of Interest |
Free of interest
for 2 years. However, the society/ Association/ Group may charge
interest @2% from an artisan to meet out their administrative
expenditure. |
Repayment Period |
2 Years |
Means of Finance |
HPSCST Development
Corporation. |
Eligibility Criteria |
- Member of Scheduled Caste or
Scheduled Tribe Family who is bonafide Resident of Himachal
Pradesh.
- All the
applicants/artisans should be below poverty line.
- Applicant should not be
defaulter of any financial institution/Bank.
- Annual family income limit : Rs. 35,000/-p.a. in Rural Area &
Rs. 35,000/-p.a. in Urban Area.
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