Published Date - 27 February 2018 04:25:37 Updated Date - 27 February 2018 04:26:07

Rajasthan Sundar Singh Bhandari EBC Swarojgar Loan Yojana – Loan @ 4% Interest for EBC

During the state budget, Vasundhara Raje has focussed on the farmers and poor people more than other sectors this year. Some new schemes have been launched, while some schemes have been revised to facilitate the poor section. One of the schemes is Sundar Singh Bhandari EBC Swarojgar Yojana. Under this scheme poor people can take loans from the state.

This scheme will facilitate poor sections of the society to generate self employment. Accordingly, govt. will provide this loan amount of Rs. 50,000 to 50,000 EBC people for creating job opportunities.

Moreover, the state govt. has announced various other welfare schemes for the benefits of OBC / SC / ST candidates. Furthermore, CM also announced loans upto Rs. 50,000 to 50,000 OBC / SC / ST candidates at 4% interest rate under Bhairon Singh Shekhawat Antyodaya Swarojgar Yojana.

Sundar Singh Bhandari Swarojgar Yojana – Loans for EBC

The important features and highlights of this scheme are as follows:-

  • This scheme will provide loans to the people belonging to poor sections / economically backward classes.
  • Subsequently, people can apply online for these loans of up to Rs. 50,000.
  • Accordingly, the state govt. will provide these loans to 50,000 people of EBC category.
  • The interest rate for these loans is 4% per annum which is much less than the normal market rates.
  • Moreover, the state govt. has made this announcement on 12th February 2018 while presenting the Rajasthan Budget 2018-19.
 

Moreover for the welfare of EBC category people, govt. has reduced the interest rate on Home Registry from 2% to 1% and has announced various other welfare schemes.

 

Launch Details

On 12th February 2018, Monday, Chief Minister of the state Rajasthan, Smt. Vasundhara Raje has launched the scheme. The scheme is officially launched on the day of state budget.

Eligibility

People who belong to Economically Backward Class will be eligible for the scheme. Each family will get loan for their welfare. Beneficiaries can use the loan amount to start their business.

Loan Amount

According to the scheme, each family will get Rs. 50, 000/- from the state as loan amount. Nearly 50, 000 families would be benefitted from the scheme.

Interest Rate

Each applicant who is applying for the loan under this scheme will have to repay the loan at 4% interest rate per annum. This is much lesser than the normal market interest rate for the loans.

Apart from Sundar Singh Bhandari EBC Swarojgar Yojana, the Rajasthan government has allocated handful of budget for other schemes like Annapurna Kitchen will soon be opening in every collector’s office across the state. Along with these schemes, interest rate for Home Registry will be reduced to 1% from 2% for the poor people, as stated by Raje in budget.

Other Decisions for Poor – Rajasthan Budget 2018-19

The other major announcements for the welfare of poor people includes the following decisions:-

  1. Rajasthan govt. is going to provide Rs. 2 lakh interest free loans for skill development and thus to generate self employment to the people from economically backward classes (EBC). These includes Hair Stylists, Plumber, Rickshaw Pullers & Cobblers.
  2. Apart from Sundar Singh Bhandari Swarojgar Yojana, govt. will also start a similar scheme on the name of late Mr. Bhairon Singh Shekhawat. This Bhairon Singh Shekhawat Antyodaya Swarojgar Yojana will provide loans of upto Rs. 50,000 @ 4% interest rate to 50,000 families belonging to SC / ST / OBC category.
  3. Rajasthan govt. has also announced the distribution of Free Scooty to the 200 meritorious girl children who secures 85% or above marks in 10th & 12th class.
  4. Furthermore, Rajasthan govt. has also annonced Pre and Post Matric Scholarship with a total outlay of Rs. 273.50 crore under EBC Scheme.
 

 


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