Status Check, Procedures, Facilities

Organisation : Karnataka Adijambava Development Corporation
Scheme Name : Self-Employment Scheme
Applicable For : People from Madiga and its related communities
Applicable State/UT : Karnataka
Website : https://adijambava.karnataka.gov.in/en

What is Karnataka Adijambava Self-Employment Scheme?

Karnataka Adijambava Development Corporation, Self-Employment Scheme Online Application

Related / Similar Scheme : Karnataka Adijambava Land Ownership Scheme

I.S.B.-1 Scheme:

Financial assistance through banks will be extended to the unemployed male and female of Madiga and its related communities for taking up of small earning based self employment activities having unit cost of less than Rs.5.00 lakhs.

Unit Cost:
** Up to Rs.5 Lakhs (Self-employment project)
** Subsidy equivalent to 70% of the unit cost or Rs.3,50000/-, whichever is lesser, will be released by the corporation.remaining portion shall be through bank or any other financial institutions.

I.S.B.-2 Scheme:

Financial assistance through banks will be extended to the unemployed male and female of the Madiga and its related communities for engaging in various small scale industries /business activities.

Unit Cost:
** Above Rs.5 Lakhs (Self-employment purpose)
** Subsidies are provided up to 60% subject to a maximum of Rs.5 Lakhs.

Features of Adijambava Self-Employment Scheme

Karnataka Adijambava Self-Employment Scheme Features. Providing subsidy for unemployed men and women.

ISB-1 Plan component cost: Rs. Up to 5.00 Lakhs.
ISB-2 Plan component cost: More than Rs.5.00 Lakhs.

70% subsidy, up to maximum of Rs. 3.50 Lakhs.

Eligibility of Adijambava Self-Employment Scheme

** Adijambava Self-Employment Scheme Applicant must belong to Madiga and its related community and a resident of Karnataka state
** Applicant shall be in the age group of 18 to 60 years.
** No member of the applicant’s family shall be in employment in any Govt./Semi Govt. department/organization.

How To Apply For Adijambava Self-Employment Scheme?

Go to the link https://adijambava.karnataka.gov.in/back/index to apply for adijambava self-employment scheme online.

Conditions:
** Beneficiaries must be selected by the Selection Committee.
** Shouldn’t be a defaulter of any banks.
** Annual income of the applicant’s family shall be within the limit of Rs.1.50 lakhs in case of rural areas and Rs. 2.00 lakhs in case of urban areas.
** Application will be rejected, if he/she found to be ineligible during the process of selection.

About KADC:
The Karnataka Adijambava Development Corporation was established by the Government of Karnataka in the year of 2018 and incorporated under the Companies Act 2013, with the vowed objective of bringing the social justice and implement the Government Schemes, Programs and Policies effectively for the economical empowerment of Madiga and its related communities under scheduled caste category.

Karnataka Adijambava Development Corporation has been established for the development of the Adijambava community residing in Karnataka. All the schemes that are implemented through the Ambedkar Development Corporation under social welfare department will also be implemented through the Adijambava Development Corporation exclusively for the betterment of Madiga and its related communities.

KADC Location:
Karnataka Adijambava Development Corporation
No, 17/5, Oblong Block, 2nd Floor, Unity Building
J.C. Road Bengaluru. 560002

FAQ On Karnataka Adijambava Self-Employment Scheme

Here are some FAQ on Karnataka Adijambava Self-Employment Scheme:

What is Karnataka Adijambava Self-Employment Scheme?
The Karnataka Adijambava Self-Employment Scheme is a government-run scheme that provides financial assistance to members of the Adijambava community to start their own businesses. The scheme was launched in 2018 and is managed by the Karnataka Adijambava Development Corporation.

Who is eligible for Karnataka Adijambava Self-Employment Scheme?
To be eligible for the Karnataka Adijambava Self-Employment Scheme, you must be a member of the Adijambava community and meet the following criteria:

** You must be a resident of Karnataka.
** You must be between the ages of 18 and 50 years.
** You must have a minimum educational qualification of 10th standard.
** You must not have any other source of income.

What is the amount of financial assistance provided under Karnataka Adijambava Self-Employment Scheme?
The amount of financial assistance provided under the Karnataka Adijambava Self-Employment Scheme is Rs. 50,000. The assistance is provided in the form of a loan, which is repayable in 5 years with an interest rate of 4%.