New Swarnima Yojana for Women (GTKVN)

About This Scheme

The "New Swarnima Yojana" is implemented by the Gujarat Thakor and Koli Vikas Nigam (GTKVN) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote economic upliftment of women from Thakor and Koli communities living below poverty line by supporting them in self-employment ventures. Under this scheme, 100% financial assistance up to ₹1,00,000/- is provided to eligible women for starting a business or trade of their choice.

Eligibility

1. The applicant should be a resident of Gujarat. 1. The applicant should be a woman. 1. The applicant should belong to Thakor or Koli community. 1. The applicant should be between 21 and 50 years of age on the date of application. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The woman applicant should have experience related to the proposed business/trade. 1. The applicant will have to provide suitable collateral to get the loan. > Note: At least 50% of the total credit is reserved for applicants from families with income up to ₹1,50,000/- annually.

Benefits

- Loan Amount: Up to ₹1,00,000 for eligible business/trade activities.- Interest Rate: 5% per annum.- Loan Coverage: 100% of the approved project/business cost.- Repayment Term: 60 equal monthly installments (5 years), including interest.

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.