Mobile Food Court Van (DAADC)

About This Scheme

The "Mobile Food Court Van" scheme is implemented by the Dr. Ambedkar Antyodaya Development Corporation (DAADC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to generate self-employment opportunities in the food and beverage sector by providing loan assistance to unemployed scheduled caste individuals belonging to Antyodaya families. Under this scheme, loan is provided to the eligible beneficiaries at a concessional interest rate.

Eligibility

1. The applicant should be a resident of Gujarat. 1. The applicant should belong to the Scheduled Caste (SC) category. 1. The applicant should belong to an Antyodaya Anna Yojana (AAY) family. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The applicant should provide two guarantors to get the loan.

Benefits

Loan Amount: Up to ₹6,00,000/- Interest Rate: 6% per annum Contribution: - State Government Contribution: 95 % - Beneficiary Contribution: 5% Possible Installment Amount: - ₹11,020/- per month (for 5 years) - ₹ 9,447/- per month (for 6 years) - ₹ 8,327/- per month (for 7 years)

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.