Sant Ravi Das Swarojgaar Yojana MP: SC Self-Employment Loan

Overview

Sant Ravi Das Swarojgaar Yojana is a Madhya Pradesh state government scheme that provides financial assistance through loans to individuals from the Scheduled Caste community for self-employment. The scheme is named after Sant Ravi Das, a revered saint who championed equality and dignity.

It is implemented through the Madhya Pradesh State Cooperative SC Finance and Development Corporation.

Objective

The scheme aims to promote economic independence among Scheduled Caste communities in Madhya Pradesh by supporting them in starting small businesses and self-employment ventures.

Benefits

• Loans at concessional interest rates for income-generating activities
• Financial support for starting a small business, shop, or trade
• Subsidized interest with manageable repayment schedules
• Helps SC beneficiaries reduce dependence on wage labor

Eligibility

• Must belong to a Scheduled Caste community
• Must be a permanent resident of Madhya Pradesh
• Age between 18 and 55 years
• Annual family income within the limit prescribed by the state
• Should not be a defaulter on any earlier government loan scheme

Exclusions

• Non-SC applicants are not eligible
• Applicants with income above the prescribed limit cannot apply
• Those with a history of loan default with government-sponsored programs are excluded

Application Process

1. Visit the MP State Cooperative SC Finance and Development Corporation office or district-level Dalit welfare office
2. Collect the application form and fill in details of your business plan and personal information
3. Attach the required documents and submit
4. The application is reviewed and verified
5. Approved applicants receive the loan directly in their bank account

Documents Required

• Scheduled Caste certificate from the competent authority
• Madhya Pradesh domicile certificate
• Age proof (Aadhaar card, birth certificate)
• Income certificate
• Business plan or project report
• Aadhaar card
• Bank account details
• Passport-size photographs