Karma Sathi Prakalpa Project Report West Bengal Bengali PDF

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Karma Sathi Prakalpa Project Report West Bengal - Summary

The Karma Sathi Prakalpa Project Report in West Bengal showcases the state government’s commitment to helping unemployed youths. Launched in 2020, the Karma Sathi Prakalpa Scheme aims to empower jobless youths by providing loans up to Rs. 2 lakh, enabling them to become self-reliant. In the recent Budget 2020-21, the state administration allocated Rs. 500 crore to support urban unemployed youths in their quest for self-dependence. These loans are meant for various income-generating projects, fostering entrepreneurship among the youth.

Implementation of the Scheme

The State Cooperation Department of West Bengal is responsible for implementing the Karma Sathi Prakalpa Scheme. Each year, the government plans to assist 1 lakh youths by providing soft loans that encourage them to start their own businesses.

Objective of Karma Sathi Scheme Prakalpa 2020

This initiative was introduced following the direction of Chief Minister Mamata Banerjee, with the primary goal of promoting self-reliance among unemployed youths in the state.

  • The Bengal Government has launched the “Karma Sathi Prakalpa” scheme to empower one lakh unemployed youth with soft loans and subsidies.
  • The Chief Minister reported a reduction in the unemployment rate in West Bengal.
  • Despite a national unemployment rate nearing 24%, West Bengal has seen a remarkable 40% reduction.

Under this scheme, the state government targets providing loans to one lakh youths annually. Beneficiaries can avail themselves of loans up to Rs. 2 lakh, in addition to government-provided subsidies for new projects.

Key Features of WB Karma Sathi Prakalpa Scheme

The main features of the WB Karma Sathi Prakalpa Scheme include:

  • The provision of easy loans to the youth of West Bengal for self-employment opportunities.
  • Each candidate can receive a loan of up to Rs. 200,000.
  • The scheme aims to create an environment conducive to good jobs and opportunities for the educated youth.
  • The West Bengal government has sanctioned Rs. 500 crore to support urban unemployed youngsters.
  • Loans will be issued through state government-owned cooperative banks.

With this financial assistance, it is anticipated that unemployed youths will initiate small manufacturing activities, paving their way to self-reliance.

Eligibility Criteria

To apply for this self-employment scheme, candidates must meet the following eligibility criteria:

  1. The candidate should be a permanent resident of West Bengal.
  2. Applicants should be unemployed and actively seeking a job.
  3. Only those candidates who have completed their 10th or 12th grade from a recognized institution are eligible to apply.

All interested youths who wish to grow their businesses and require financial support can apply for the Karma Sathi Prakalpa Scheme.

For more details, you can download the Karma Sathi Prakalpa Project Report West Bengal in PDF format using the link provided below.

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