Scheme Name: Loans and Subsidies for Traditional Artisans and Professional Craftsmen

State: Karnataka

Description of the Scheme: Traditional artisans and craftsmen will be given the credit facilities as per the profession to develop their professional skills.

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance: 1. Unit cost Rs.50,000; Subsidy 30% - maximum Rs.10,000; balance 70% - maximum Rs.40,000 loan at an interest rate of 2%.
2. Unit cost Rs.50.001 to Rs.1,00,000; Subsidy 20% - maximum Rs.20,000; balance 80% - maximum Rs.80,000 loan at interest rate of 2%.
3. Unit cost Rs.1,00,001 to Rs.2,00,000; Subsidy 15% - minimum Rs.20,000 and maximum Rs.30,000; balance 85% - maximum Rs.1,70,000 loan at an interest rate of 2%.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply: Website of Backward Classes Welfare Department, Govt. of Karnataka

Whom to Contact: