The government of Madhya Pradesh launched the Birsa Munda Self Employment Scheme for the citizens belonging to the Scheduled Tribe category. It is still a new scheme and therefore many readers are still unaware of it. The government has offered this scheme to provide eligible beneficiaries with loans and the interest rate charged on that loan will be lower than others.
With the help of this loan, the individuals will be able to set up a new enterprise. Interested individuals can become a part of the scheme by submitting the application form. The whole application process for the बिरसा मुंडा स्वरोजगार योजना is being conducted online. Read the following article carefully and get details regarding the eligibility criteria, application process, benefits and more.
Birsa Munda Self Employment Scheme
Managing Director, Madhya Pradesh Tribal Finance and Development Corporation Bhopal will be a nodal agency which will be responsible for the implementation of the Bhagwan Birsa Munda Scheme. The above-mentioned scheme will be operated through the District Coordinator/ Branch Manager/ Assistant Commissioner MP Tribal Finance and Development Corporation and GM, District Trade and Industry Center.
The scheme will be beneficiary for ST candidates. Please note that everyone who will apply will get the Birsa Munda Self Employment Scheme benefits. Only individuals who fulfill all conditions set by the concerned authority will get benefits. More information is available below.
Eligibility Criteria to get the बिरसा मुंडा स्वरोजगार योजना
In the following section, readers will get details regarding the eligibility criteria which is must be fulfilled to get benefits of the Birsa Munda Self Employment Scheme. The following are the eligibility criteria mentioned by the authority:
- Interested individuals must be natives of Madhya Pradesh.
- The benefits will be offered to only those businesses which have been established in Madhya Pradesh.
- Interested individuals must belong to the Scheduled Tribe category and must hold the certificate proving the same.
- The age of the candidates must be between 18 to 45 years old while applying for the scheme.
- Beneficiaries must not be getting any kind of financial assistance from the Entrepreneur/ Self Employment Scheme offered by the government.
- The scheme will be provided to each beneficiary only once.
- Individuals belonging to the industry/ service business sector only can get benefits.
- Individuals must not come under the category of defaulter or non-refundable defaulter of any nationalised financial institution/ cooperative bank.
Birsa Munda Self Employment Scheme Benefits
The government is going to provide financial aid to eligible beneficiaries. Here are the details of the offered Birsa Munda Self Employment Scheme benefits:
- Projects ranging from 1 to 50 Lakh rupees for the unit of industry manufacturing.
- Projects ranging from 1 to 25 lakh rupees for the retail trade and service units.
- In the following scheme, the government will offer interest subsidy at a 5% per annum rate or actual (whichever will be lower) on the outstanding loan amount which has been distributed by the nationalised bank to individuals belonging to the Scheduled Tribe category for a maximum of 7 years. It will be offered by the corporation on the terms of regular loan payment. Please note that only Term Loans and Working Capital Loans will be considered.
How to apply for the Birsa Munda Self Employment Yojana?
Go through the following section to understand the whole online application process for the Birsa Munda Employment Scheme. Follow the steps mentioned below and the application form can be submitted:
- First of all, visit the official website of the SAMAST using this link address: https://samast.mponline.gov.in/portal/
- Scroll down the home page and click the Apply Now section.
- Now, the login page will open on the screen where you must provide the registered mobile number and Date of Birth.
- After that, click the relevant Yojana link and get access to the application form.
- Start entering the details on the application form carefully.
- Now, you must go through the entered details and move towards the next stage.
- Afterwards, upload the necessary documents within the mentioned size and format.
- At last, click the submit tab and the application submission process will be completed.
Frequently Asked Questions
What are the required education qualifications for the Birsa Munda Self Employment Scheme?
Individuals who are applying for the above-mentioned scheme must have at least passed Class 8th to become eligible.
Which documents are needed to apply for the Birsa Munda Self Employment Scheme?
Individuals must keep documents like residence proof, photo identification card, category certificate, education qualification, business details and more while applying for the scheme.
What to do if there is any error while applying for the बिरसा मुंडा स्वरोजगार योजना?
Individuals must contact the concerned authority of the SAMAST portal and ask for rectification.
