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Deen Dayal Upadhyaya Swavalamban Yojana

Date : 16/05/2017 - | Sector: Welfare

The Government of Arunachal Pradesh has decided to launch the Deen Dayal Upadhyaya Swalamban Yojana to encourage unemployed youth to gain access to low cost capital for entrepreneurship.
Under this scheme, a provision of 10% back ended capital investment subsidy has been made for entrepreneurs, who wish to set up small and medium enterprises with a loan from Rs 10.00 lakhs up to Rs. 50.00 lakhs the of project cost.The cost of  land and building shall be excluded from the project cost.
The loan component would be 30% to 50% of the project cost.The cost of  land and building shall be excluded from the project cost.
Entrepreneurs would be required to contribute at least 10% to 20% of project cost as their contribution. Preference will be given to those who contribute a greater proportion.The cost of  land and building shall be excluded from the project cost.
Women entrepreneur will be additionally eligible for 5% interest subsidy annually provided the entrepreneur does not become Non Performing Asset (NPA).

Sectors covered under this scheme are:

Food processing in agriculture, horticulture and allied sectors including packaging, cold chain, cold storage, milk processing, food processing etc.
Eco-tourism including home stays and tour operators.
Traditional textile weaving for modernization of traditional looms and purchase of new looms to start a new weaving unit.
To be set up small scale manufacturing units/ bamboo manufacturing units/ service centres/ diagnostics.

The District Level Screening committee shall comprise the following:

1 Deputy Commissioner – Chairman
2 ADC HQ – Member
3 District Industries Officer – Member
4 District Agricultural Officer – Member
5 District Horticulture Officer – Member
6 District Fishery Officer – Member
7 District Textile Officer –  Member
8 District Tourism Officer – Member
9 District Lead Bank Manager – Member
10 District Planning Officer – Member Secretary

Guidelines of DDUSY

 

Beneficiary:

Unemployed Youths

Benefits:

Subsidy

How To Apply

Visit :- Office of the District Planing Officer, West Kameng District, Bomdila