Karnataka CM Self Employment Scheme Online: The Government of Karnataka has launched Karnataka CM Self Employment Scheme Online to provide self-employment opportunities to the youth in the state. Under this scheme, the state government is providing loans to the rural entrepreneurs of the state for self-employment. And subsidy will also be provided on the loan.
In this article, we are providing you with information about Chief Minister Self Employment Scheme. Stay with us till the end for all kinds of information related to this Karnataka Chief Minister Self Employment Scheme Online Application.
Karnataka CM Self Employment Scheme Online
Chief Minister of Self Employment Scheme has been launched to promote self-employment in the state. The government has started the scheme as per the order of the district officials of Karnataka Khadi and Village Industries Board and the joint director of the Department of Industries and Commerce. The main objective of this scheme is to create self-employment opportunities in the state. And to make the youth self-sufficient in rural areas
For this, entrepreneur development training is also provided to the youth of the state. Under this scheme, youth are provided loans up to a maximum of 10 Rs lakh per unit by the government. Under the Chief Minister of Self Employment Scheme, general category applicants will have to provide 10% of the project cost themselves. And SC / ST / OBC / Women, Ex-servicemen, 5% will be payable to physically challenged people. All public sector banks and regional rural banks will act as financial agencies for the scheme.
Key Highlights of Karnataka CM Self Employment Scheme Online
| Name Of The Scheme | Karnataka CM Self Employment Scheme Online |
| Launched By | Government Of Karnataka |
| Beneficiary | Citizens Of Karnataka |
| Objective | To Provide Interest Subsidy |
| Official Website | https://cmegp.kar.nic.in/ |
| Year | 2023 |
| State | Karnataka |
| Mode Of Application | Online/Offline |
Objective Of Karnataka CM Self Employment Scheme Online
The main objective of the Karnataka CM Self Employment Scheme is to provide interest subsidies on loans up to a maximum ceiling of Rs 2.50 lakh for the general category and Rs 3.50 lakh for the special category. In order to take benefit from this scheme, the maximum project cost should be Rs 10 lakh. This scheme is going to generate employment.
Now the unemployed youth of the state will be able to get interest subsidies on loans with the help of this scheme which will motivate them to take up self-employment. This scheme will also reduce the unemployment rate of the state. With the implementation of this scheme, the youths of the state will become self-dependent
Eligibility Criteria For Karnataka CM Self Employment Scheme Online
० Only one member of the family can be able to take benefit from this yojana.
० One week of entrepreneurship development training is compulsory (exempted if already undergone)
० The age of the applicant must be between 21 years to 35 years for the general category and 21 years to 45 years for special categories like SC/ST/OBC/MIN/ex-servicemen/PHC/women
० There is no income limit under this scheme
The benefit of this scheme can be availed for new activities only
० Only rural unemployed youths of Karnataka can be able to take benefit from this scheme
Documents Required For Karnataka CM Self Employment Scheme Online
० The applicant’s Aadhar Card
० Passport size photograph
० Project report
० Income Certificate
० Educational Certificate
० Residence Certificate
० Birth Certificate
०Voter ID
० Ration Card
० The rural certificate for the unit proposed
० Permission from gram panchayat
० Caste Certificate for OBC/SC/ST/MIN
० List of machinery to be purchased
० Physically handicapped certificate
० Ex-Servicemen Certificate
Application Process For Karnataka CM Self Employment Scheme Online
० First of all, you have to visit the official website related to the scheme.
० Now you will get the option to apply online on the home page. Click on it.
० When the new page opens, you have to select the agency. And verification has to be done by filling in your Aadhaar number. You will get the application form only after verification.
० Now you have to fill in all the information in the application form correctly.
० After filling in the information, you have to click on the save option.
० Now, after attaching all the required documents with the application form, submit it to the Joint Director District Industries Center District, District Officer Karnataka Khadi, and Village Industries Board Office.
० The loan will be provided to you only after the verification of your application form.