Karma Sathi Prakalpa Scheme West Bengal PDF

The West Bengal government has launched the Karma Sathi Prakalpa Scheme to support unemployed youth by providing loans up to ₹2 lakh. This initiative aims to help jobless young people become self-reliant and successful entrepreneurs. In the recent Budget, a substantial ₹500 crore has been allocated to assist urban unemployed youth in achieving financial independence. These loans are intended for various income-generating projects, encouraging entrepreneurship among the youth of West Bengal.

Overview of the Karma Sathi Prakalpa Scheme

The State Cooperation Department of West Bengal will be responsible for the smooth implementation of the Karma Sathi Prakalpa Scheme. Each year, the government plans to provide soft loans to 1 lakh youths to help them start their own businesses, nurturing them into successful entrepreneurs and job creators.

This loan scheme offers a golden opportunity for young people to create self-employment avenues and become productive members of society. 🌟

Objectives of the Karma Sathi Prakalpa Scheme

The state government introduced this scheme following the directives of Chief Minister Mamata Banerjee. The main aim is to empower unemployed youths to become self-reliant and financially independent.

• The Karma Sathi Prakalpa is designed to provide one lakh unemployed youth with soft loans and subsidies, aiding their journey to financial independence.
• According to the Chief Minister, West Bengal has seen a significant reduction in its unemployment rate.
• While the overall unemployment rate in India is a concerning 24%, Bengal’s exceptional rate has decreased by about 40%.

The ambitious target under this scheme is to disburse loans to one lakh youths each year. Every participant can secure a loan of up to ₹2 lakh, which is supported by government subsidies to help start new ventures.

Key Features of the Karma Sathi Prakalpa Scheme

Here are some key features that make the Karma Sathi Prakalpa Scheme appealing:

• This scheme provides easy loans to youth in West Bengal specifically for self-employment.
• Eligible candidates can receive loans up to ₹2,00,000, promoting entrepreneurship.
• These loans aim to create favourable job opportunities and enhance employment conditions.
• The government has allocated ₹500 crore especially for urban unemployed youth seeking self-reliance.
• Loans will be accessible through state government-owned cooperative banks, ensuring easy reach.

This support from the Karma Sathi Prakalpa Scheme is expected to inspire unemployed individuals to embark on small manufacturing ventures, leading them towards self-sufficiency.

Eligibility Criteria

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

1. Candidates must be permanent residents of West Bengal.
2. Applicants must be unemployed and actively seeking job opportunities.
3. Only individuals who have completed their 10th or 12th grade from a recognized institution are eligible.

Young people looking to enhance their business prospects and who need financial assistance can apply for the Karma Sathi Prakalpa Scheme.

For more information, you can easily download the Karma Sathi Prakalpa Scheme West Bengal PDF using the link below.

Also, Check

Karma Sathi Prakalpa Application Form