Short Details :- The Karnataka government has launched the Karnataka Swawalambi Sarathi Scheme 2024 to reduce unemployment. This program provides financial support to beneficiaries to buy vehicles for their businesses, leading to increased income. The scheme aims to inspire youth to take advantage of it. To learn more about how the Swawalambi Sarathi Yojana works and how to apply, read this article till the end.
New Update :- Unemployment is a big issue in our country. In April, the unemployment rate in India went up to 8.11% from 7.8% in March 2024. To tackle this problem, the central and state governments have launched new schemes and websites. Today, we will discuss the Karnataka Mukhyamantri Sarathi Swawalambi Scheme 2024 initiated by the Karnataka Government. This scheme offers subsidies for purchasing 4-wheeler vehicles to promote self-employment. To apply for this scheme, you can visit the scheme’s official website.
Highlights Of Karnataka Swawalambi Sarathi Scheme
Name Of the Scheme 🚗 | Karnataka Swawalambi Sarathi Scheme |
By Whom Initiated done 🏛️ | By the Government of Karnataka |
Beneficiary 👤 | Unemployed citizens of the state |
Assistance to be Provided 💼 | From buying a vehicle to starting a new business, providing subsidy |
Subsidy Amount 💰 | ₹3 lakh to ₹4 Lakh |
Application Process 💻 | Online / Offline |
Official Website 🔗 | Coming Soon |
Karnataka Swawalambi Sarathi Scheme 2024
The Karnataka Swawalambi Sarathi Scheme was started by the Chief Minister of Karnataka, Mr. K. Siddharamaiya. In this scheme, the government helps young people who don’t have jobs from minority groups, SC, and ST by giving them money to buy vehicles with four wheels. They can buy small buses, trucks, and cars with this money. This scheme gives a good opportunity for young people without jobs to start their own businesses in different areas and make jobs for others too.
Young people from minority groups will get half the money for loans up to Rs. 3 lakhs, and SC ST young people will get 75% for loans up to Rs. 4 lakhs. The money will be sent straight to the bank account of the person getting the help through DBT mode. You can apply for the Karnataka CM Sarathi Swawalambi Yojana online or offline.
Karnataka Swawalambi Sarathi Scheme
Objectives
The Swawalambi Sarathi scheme aims to assist unemployed youth from minority communities, SC, and ST by offering subsidies for purchasing vehicles like mini buses, cars, and jeeps for self-employment. This initiative is designed to enhance the financial status of the beneficiaries and generate employment opportunities.
Karnataka Swawalambi Sarathi Scheme
Features & Benefits
- Karnataka Swawalambi Sarathi Scheme was started by the Chief Minister of Karnataka Mr. K. Siddharamaiya.
- In this scheme, the government is providing subsidies for buying 4-wheeler vehicles to the unemployed youth of minority communities, SC and ST.
- With the help of the subsidy amount, they can buy minibusses, Goods carrier vehicles, and cars. With the help of this scheme, unemployed youths have a great chance to start their business in various sectors and to create employment opportunities for others also.
- Youths belonging to the minority community will get subsidy of 50% for loan uptoRs. 3 lakhs and SC.ST youths will get subsidy of 75% for loans uptoRs. 4 lakhs.
- The amount of the subsidy will be directly sent in the bank account of the beneficiary through DBT mode.
- You can apply for Karnataka CM Swawalambi Sarathi Scheme by both online and offline mode.
- This scheme will help the beneficiary to improve his financial situation and to create job opportunity for others.
Karnataka Swawalambi Sarathi Scheme
Subsidy Amount
Community 💬 | Subsidy (%) 💰 | Subsidy Amount (Maximum) 💵 |
Minority | 50% | ₹3 Lakh |
SC/ST | 75% | ₹4 Lakh |
Eligibility Criteria
The Swawalambi Sarathi Scheme has certain eligibility criteria:
- The applicant should be from Karnataka.
- This self-supporting program is for unemployed residents of the state.
- People from Scheduled Castes, Scheduled Tribes, and other minority groups will benefit from this scheme.
- The applicant must be at least 21 years old.
- The beneficiary’s bank account must be linked to Aadhaar.
Important Documents
The SwawalambiSarathi Yojana requires the following documents:
- Aadhar Card
- PAN Card
- Driving Licence
- Caste Certificate
- Residential Certificate
- Bank Account
- Colourful Passport Size Photo
- Mobile Number
How to Download Application Form
Online registration for the Swawlambi Sarathi Scheme will start soon for many jobless people. Those who are eligible, including SC/ST or minority candidates, can apply. To apply online, follow these steps:
- Go to the official Swawalambi Sarathi Portal website.
- Find and click on the “Apply Online” button.
- Fill out the application form with the correct details.
- Input your address, documents, and bank info.
- Upload the required documents and click “Submit”.
- After successful registration, print a copy of the application form for yourself.
Helpline Number
Once the website is live, citizen helplines will be set up. People can call these numbers to get more information about the program. If applicants face difficulties while filling out the online form, they can also get assistance by explaining their problems.
Conclusion
With the help of this scheme, unemployed youths have a great chance to start their business in various sectors and to create employment opportunities for others also. Youths belonging to the minority community will get subsidy of 50% for loan uptoRs. 3 lakhs and SC.ST youths will get subsidy of 75% for loans uptoRs.
1.00 lakh to maximum of Rs. 3.00 lakhs. Subsidy is 50% of the loan amount, Income limit of the family should be below Rs.
The first step is to go to the Swawalambi Sarathi Portal’s official website. Click the Apply Online button on the homepage. Fill out the Swawalambi Sarathi Scheme Application Form carefully and in accordance with the instructions provided on the screen.