1. YEAR OF COMMENCEMENT | YEAR 1979 |
2. OBJECTIVE | TO PROVIDE FINANCIAL ASSISTANCE TO SCHEDULED CASTE/ SCHEDULED TRIBE BENEFICIARIES LIVING BELOW POVERTY LINE. |
3. AREA OF OPERATION | IN ALL AREAS OF GUJARAT. |
4. AGENCY | GUJARAT SCHEDULED CASTE ECONOMIC DEV. CORP. |
5. AGE DROUP | 18 TO 50 YEARS. |
6. FAMILY INCOME | RURAL AREAS RS. 15,976/-. URBAN AREAS RS. 21,206/- P.A. |
7. EDUCATION | N.A. |
8. SUBSIDY | 50% of the project cost subject to max RS. 10,000/- |
9. REPAYMENT | 3 TO 5 YEARS |
10. REMARK | IF THE PROPOSALS DO NOT APPEAR BANKABLE IN VIEW OF THE SMALL INDUSTRY COMPONENT BANK AT DECLINE TO GRANT FINANCE FOR THE SAME.GUIDELINES ISSUED BT RBI TO BANK ON PRIORITY SECTOR LENDING WILL PREVAIL AND BANKS MAY OBTAIN COLLATERAL SECUIRTY AND / THIRD PARTY GUARANTEE FOR LOANS EXCEEDING RS. 25,000/- UNDER THE SCDC SCHEMES IF THE CIRCUMSTANCES WARRANT THE same.Services / industries Rs. 35,000/- to Rs. 2.00 lakh max. |
11. LOAN | BUSINESS – PROJECT COST RS. 1.00 LAKH MAX. SERVICES / INDUSTRY RS. 2.00 LAKH MAX. |