Under this
scheme, the corporation provides working capital assistance to
artisans. The artisans can form a Group/Society/Association for
availing working capital from the corporation. An individual
artisan is also eligible for this scheme.
Quantum of loan
Rs.5,000/- per artisan.
Rate of Interest
Free of interest
for 2 years. However, the society/ Association/ Group may charge
interest @2% from an artisan to meet out their administrative
expenditure.
Repayment Period
2 Years
Means of Finance
HPSCST Development
Corporation.
Eligibility Criteria
Member of Scheduled Caste or
Scheduled Tribe Family who is bonafide Resident of Himachal
Pradesh.
All the
applicants/artisans should be below poverty line.
Applicant should not be
defaulter of any financial institution/Bank.