The “Mahila Samridhi Yojana” is a scheme administered by the Department of Social Justice & Special Assistance, Government of Maharashtra and funded by the National Scheduled Castes Finance and Development Corporation (NSFDC). It is designed to uplift economically weaker women from the Charmakar Community by promoting their educational, economic, and social development. The scheme aims to help beneficiaries secure a respectable position in society by offering financial assistance for setting up or expanding their business.
Key Benefits
- Loan Facility: Loans ranging from ₹25,000/- to ₹50,000/-
- Interest Rate: Low interest rate of 4% per annum
Eligibility Criteria
Applicants must meet the following requirements:
- Must be a female.
- Must belong to the Charmakar Community.
- Age should be between 18 and 50 years.
- Must be a permanent resident of Maharashtra.
- Should possess knowledge of the business for which the loan is being applied.
- Income Criteria:
- For the 50% Subsidy Scheme and Margin Money, the applicant’s annual income must be below the poverty line.
- For the NSFDC Scheme, the applicant’s annual income should be below ₹98,000 in rural areas and below ₹1,20,000 in urban areas.
Relaxation/Preference/Priority
- Priority is given to widows and divorcees.
Application Process (Offline)
- Collect the Application Form:
Visit the District Office of LIDCOM during office hours to obtain a hard copy of the prescribed application form. - Complete the Form:
Fill in all mandatory fields, attach a passport-sized photograph (signed across, if required), and include copies of all necessary documents (self-attested if needed). - Submit the Application:
Submit the duly filled and signed form along with the required documents to the District Office of LIDCOM within the prescribed period. - Obtain a Receipt:
Request a receipt or acknowledgment that contains the submission date, time, and a unique identification number (if applicable).
Documents Required
- An income certificate issued by an authorized government officer.
- A caste certificate issued by an authorized government officer.
Frequently Asked Questions
- What is the primary focus of the Mahila Samridhi Yojana?
It focuses on the socio-economic development of the Charmakar Community by providing financial assistance to economically weaker women. - Is there any financial cap on the benefits provided?
Yes, the loan amount ranges between ₹25,000/- and ₹50,000/-. - Can male members of the Charmakar community apply?
No, the scheme is exclusively for female applicants. - How does the scheme contribute to the socio-economic development of its beneficiaries?
By offering low-interest loans, it supports business initiatives and fosters self-reliance among the beneficiaries. - Is any training or skill development assistance provided?
The primary focus is on financial assistance; additional training or skill development support details may be provided separately by LIDCOM. - What role does LIDCOM play in this scheme?
LIDCOM manages the application process and ensures the proper disbursement of funds under the scheme. - Does the scheme assist in the production and sale of goods?
While the scheme primarily provides financial assistance, the funds can be used to support business operations, including production and sale. - Where can eligible applicants obtain the application form?
The form is available at the District Office of LIDCOM. - Are there any special priorities for certain categories of beneficiaries?
Yes, widows and divorcees receive priority. - What financial assistance is provided to beneficiaries?
Loans between ₹25,000/- and ₹50,000/- at an interest rate of 4% per annum. - Is there a specific age range for applicants?
Yes, applicants must be between 18 and 50 years of age. - Are there specific business requirements?
Applicants must have sufficient knowledge of the business for which they are seeking the loan. - What proof of eligibility is required?
Applicants need to submit an income certificate and a caste certificate issued by an authorized government officer. - What are the income limits for rural and urban applicants?
For the NSFDC scheme, the annual income should be below ₹98,000 in rural areas and below ₹1,20,000 in urban areas.