Mahila Samruddhi Yojana (DAADC)

About This Scheme

The "Mahila Samruddhi Yojana" is implemented by the Dr. Ambedkar Antyodaya Development Corporation (DAADC) under the Social Justice and Empowerment Department, Government of Gujarat. The scheme aims to promote self-employment and financial independence among women from the Antyodaya Samaj, especially from Scheduled Castes. Under this scheme, loans are provided at a concessional interest rate to eligible women for starting small-scale businesses.

Eligibility

1. The applicant should be a permanent resident of Gujarat. 1. The applicant should be a woman. 1. The applicant should belong to the Scheduled Caste (SC) category. 1. The applicant should belong to the Antyodaya Anna Yojana (AAY) family or be from the economically backward class. 1. The applicant’s annual family income should not exceed ₹3,00,000/-. 1. The applicant should be planning to start a self-employment venture or micro-enterprise.

Benefits

- Loan Amount: ₹50,000/- provided to eligible women for starting micro or small businesses.- Interest Rate: 6% per annum.- State Government Contribution: 95% of the loan amount, i.e., ₹47,500/-, is borne by the state.- Beneficiary Contribution: 5% of the loan amount, i.e., ₹2,500/-.- Possible Monthly Installment Amount: ₹1,445/- per month.- Duration: 36 Months (3 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.