Chanakya Swayam Upadhi Scheme: Subsidy for Vehicle Purchase for Brahmin YouthScheme StatusScheme Status

The Andhra Pradesh Brahmin Welfare Corporation (APBWC), a Government of Andhra Pradesh undertaking, is launching the “Chanakya Swayam Upadhi Scheme for Micro Entrepreneurship – Transport Operator.” This subsidy scheme is aimed at empowering unemployed Brahmin youth by providing financial assistance for purchasing a four-wheeler (self-driven) to operate as a public transport operator. In collaboration with the AP Brahmin Co-operative Credit Society Ltd. (Regd No. ABC-CS/006/2015, Vijayawada), the scheme is designed to offer a pathway to livelihood for economically weak Brahmin youth who wish to settle as transport operators in Andhra Pradesh.

Benefits

The scheme provides two vehicle options with distinct funding patterns:

  • For Taxi (Swift Dezire Tour) in Petrol:

    • Approximate Unit Cost: ₹7,25,000
    • Corporation’s Backend Subsidy: Not more than ₹2,00,000
    • Minimum Beneficiary Contribution: ₹72,500 (10% of the vehicle cost)
    • Loan Provision:
      • An initial term loan of ₹6,25,500 is provided.
      • A 25% subsidy is released on clearing a loan amount of ₹4,52,500 (including interest), as per AP Brahmin Co-operative Credit Society guidelines.
  • For Dezire Tour S(O) CNG BS – VI (CNG & Petrol):

    • Approximate Unit Cost: ₹8,25,000
    • Corporation’s Backend Subsidy: Not more than ₹2,00,000
    • Minimum Beneficiary Contribution: ₹82,500
    • Loan Provision:
      • An initial term loan of ₹7,42,500 is provided.
      • A 25% subsidy is released on clearing a loan amount of ₹5,42,500 (including interest) as per the guidelines.

Eligibility

  • Community and Residency:
    • The applicant must belong to the Brahmin community and be a resident of Andhra Pradesh.
  • Membership:
    • The applicant must be a member of the AP Brahmin Welfare Cooperative Credit Society.
  • Age:
    • The applicant should be aged between 21 and 50 years as of 01.04.2022.
  • Education:
    • The applicant must have passed the 10th class.
  • Income:
    • The combined annual income of the applicant and family should not exceed ₹1,00,000.
  • Asset Ownership:
    • The applicant should not possess any three/four-wheeler in his/her name.
  • Driving Credentials:
    • A valid permanent driving license and a valid badge number or other acceptable proof of identity as a driver are required.
  • Exclusivity:
    • The applicant should not have availed financial assistance under any other government scheme for the same purpose.
    • Applicants or family members who have previously benefited from any Chanakya Swayam Upadhi schemes under APBWC are ineligible.

Application Process

Online Registration and Application

  1. Visit the Official Website:
  2. Registration:
    • Click on “Registration” to open the application form.
    • Fill in the required personal details (Name, Residence address, Aadhaar number, Ration card number, Bank details, etc.).
    • Upload necessary documents including a recent photograph, signature, and certificate details.
    • Finalize and click “Submit”; note your reference number for tracking.
  3. Check Application Status:
    • Use the “Services” link on the menu, select “Know your status”, and enter your Reference, Mobile, or Aadhaar number along with the Financial Year to fetch details.
  4. Download Acknowledgement Slip:
    • Click on “Acknowledgement Slip”, enter your Aadhaar number and select the scheme, then click “Submit” to download the slip for your records.

Documents Required

  • Aadhaar Card of the applicant.
  • Caste Certificate issued by the competent authority or via Mee-Seva.
  • Residence Certificate (issued by the competent authority or Mee-Seva).
  • Income Certificate (issued by the competent authority or Mee-Seva).
  • Birth Certificate (issued by the competent authority or Mee-Seva).
  • Highest Educational Qualification Certificate.
  • Valid Driving License and Badge/Proof of Identity as a driver (along with PAN Card if available).
  • Latest Passport-size Photograph.
  • Ration Card or Rice Card.

Frequently Asked Questions

  • Who is eligible to apply for CS-METO?
    Unemployed Brahmin youth aged between 21 and 50 years, residing in Andhra Pradesh, who are members of the AP Brahmin Welfare Cooperative Credit Society and meet the educational and income criteria.

  • How much subsidy is provided by APBWC?
    The scheme provides a structured subsidy through backend support and a term loan mechanism; the precise subsidy is linked to vehicle options and is capped at ₹2,00,000 as a backend subsidy.

  • What are the vehicle options available under CS-METO?
    Options include the Taxi (Swift Dezire Tour) model for petrol and the Dezire Tour S(O) CNG BS – VI model, available in both CNG and petrol variants.

  • What is the minimum beneficiary contribution?
    A minimum contribution of 10% of the vehicle cost is required (₹72,500 for the Taxi option and ₹82,500 for the Dezire Tour option).

  • Can a beneficiary already owning a vehicle apply?
    No, applicants must not possess any three or four-wheeler in their name.

  • How are applications processed?
    Applications are submitted online via the APBWC portal, where details are verified and processed in collaboration with the AP Brahmin Co-operative Credit Society.

  • What role does AP Brahmin Co-operative Credit Society play in the scheme?
    The Society provides the term loan as per its guidelines and facilitates the release of the 25% subsidy after loan clearance.

  • What happens after loan clearance?
    Upon clearance of the specified loan amount along with interest, a 25% subsidy is released to the beneficiary.

  • How is the subsidy funded?
    The subsidy is part of the scheme’s funding pattern managed by the APBWC in collaboration with the AP Brahmin Co-operative Credit Society.

  • How many districts are covered under CS-METO?
    The scheme is applicable throughout Andhra Pradesh.

  • Can family members of previous beneficiaries apply?
    No, neither the applicant nor any of the applicant’s family members who have previously received assistance under Chanakya Swayam Upadhi Schemes are eligible.

Sources and References

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