The government is providing financial assistance of Rs.3 lakh to individuals engaged in specific types of businesses. This initiative is known as the Employee Scheme. The requirement is that the recipients of this support must be women. This funding is not available to men; it is exclusively for women.
Central government is implementing a good plan. Most people don’t know about it. Many people can get benefit of lakhs of rupees through this scheme. Here is the complete information.
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Eligibilty?
Women from poor and illiterate backgrounds are supported through this scheme. The scheme provides skill training to help women in business. According to statistics, more than 50 thousand women have benefited from this scheme so far and are excelling in business.
Employee Scheme Interest Rates Details:
Under this scheme women can avail loan up to 3 lakhs. Also fully interest free loans are given to the disabled, widows and Dalit women. Women belonging to other categories are given loans at 10 to 12 percent interest.
This interest varies depending on the bank. Also, depending on the annual income of the family, up to 30 percent subsidy is given. With this money.
one can choose any of the 88 types of businesses prescribed by the government and settle down financially.Depending on their qualification and business they can get more loans.