KMDC Karnataka Self-Employment Scheme

Organisation : Karnataka Minorities Development Corporation Limited
Facility Name : Self-Employment Scheme
Applicable State/UT : Karnataka
Website : https://kmdc.karnataka.gov.in/29/self-employment-scheme/en

What is KMDC Self-Employment Scheme?

Under this KMDC Self-Employment Scheme, loans and subsidy will be provided to the religious minority communities with the help of Nationalized / Scheduled banks to start or improve a small-scale handicraft industry, service sector and agro-based activities. 33% of the unit cost or maximum of Rs. 1.00 Lakh will be given as a subsidy.

Eligibility of KMDC Self-Employment Scheme

KMDC Self-Employment Scheme Eligibility Criteria

(A) Applicants must belong to the State Religious Minority Community.
(B) The applicant must be a permanent resident of the State.
(C) The age limit of the applicant is between 18 to 55 years.
(D) Family annual income from all sources should not be more than Rs.81,000/- in rural area and Rs. 1,03,000 in urban areas.
(E) No member of the applicant’s family shall be an employee of the State/Central/ Government PSU.
(F) Applicants should not have availed a loan in KMDC earlier.

Documents Required For KMDC Self-Employment Scheme

Following documents are required to apply for KMDC Self-Employment Scheme

** Online application
** Beneficiary’s latest 2 passport size photos
** Caste and income certificate
** Copy of Aadhaar card
** Project report of the industry activity

Selection Panel of KMDC Self-Employment Scheme

** MLA of the concerned Assembly Constituency – Chairman
** Member of the Legislative Council who is permanent resident in that Taluk – Vice-Chairman
** Concerned Taluk Tahsildar – Member
** Executive Officer of concerned Taluk Panchayat-Member
** The District Lead Bank Manager – Member
** District Joint Director, Commerce and Industry – Member
** Concerned District’s Deputy Director, Women and Child Welfare Department – Member
** Concerned District Manager, Karnataka Minority Development Corporation- Member Secretary

About KMDC:
Karnataka Backward Classes Development Corporation (renamed as D.DevarajUrs Backward Classes Development Corporation) had been extending loan facilities to religious minorities. During the tenure of Late Sri Ramakrishna Hegde, the then Hon’ble Chief Minister of Karnataka.

It was observed that the development schemes implemented through KBCDC had not significantly impacted on the minority community and with the concern of development of minority community by improving their status socially and economically and to bring them into the main stream along with other development communities under the leadership of Late Ramakrishna Hegde, the then Hon’ble Chief Minister of Karnataka, the Government of Karnataka has established a separate Corporation viz.

Karnataka Minorities Development Corporation on 07.02.1986 with an objective of improving the status of minority community socially, educationally and economically.

Structure of the Organisation:
Karnataka Minorities Development Corporation is a Government of Karnataka Undertaking Corporation and established under the Companies Act 1956. As on today, the authorised share capital of the Corporation is Rs.600.00 Crores.

The Corporation is now functioning under the supervision of Minorities Welfare Department of the Government of Karnataka. The Registered Office of the Corporation is based at Bangalore and it has its District Offices in all District Headquarters of the State.

The Chairman of the Board of Directors is the executive head and the Managing Director is the administrative head. The Corporation is entrusted with the job of development of minority’s status socially, educationally and economically through the Government sponsored Schemes which are implemented through its District Offices located at all District Headquarters of Karnataka.

Contact

Helpline Number : 8277799990