Exclusive schemes for Jammu and Kashmir
Scheme for empowering skilled young women loan
The objective of this scheme is uplift women in the society. The scheme was launched on 8th January 2010 by the Ministry of Social Welfare Department and sponsored by the State. The beneficiaries of this scheme are specially women. It aims at various welfare measures for socio-economic upliftment of women. This is done by providing loan to them so that they can establish their own enterprises. Women can apply by contacting the Jammu and Kashmir Women development Corporation.
Scheme for minority women for establishing income generation units Monetary, Maximum loan, Jammu and Kashmir
This scheme which is sponsored by Central Government of India is especially for the women whose annual income is Rs 54,000 or less and residing in urban areas. Women who are residing in rural areas can only avail the benefits of this scheme if their annual income is Rs 42,000 or less. It was launched on 6th March 2006 by the Ministry of Social Welfare Department. The main objective of this scheme is to empower and aid the women living below poverty line. The benefits pronounced under this scheme are granting a loan of up to Rs.2.50 lakhs.85% of the project cost will be given by the State. Beneficiary has to repay back at 6% rate of interest and in 20 easy quarterly installments in 5 years including the moratorium period of three months on the recovery of principal amount. Women can contact the district programme officer in order to avail the benefits of this scheme.
Scheme for Physically and Mentally disabled women for establishing income generation units
This scheme was launched on 15th August 2004 by the Ministry of Social Welfare Department and sponsored by the State. This scheme is mainly to uplift the income and living standards of physically and mentally challenges women. Women who are in need of the benefits of this scheme can apply to the office of the Development Officer concerned. The following are the criteria which should be fulfilled to avail the benefits under this scheme:
- Any women with 40% disability or more (Certificate should be provided by Chief Medical Officer or medical Board) are eligible under this scheme.
- Age should be 18-45 years. Beneficiary should be a permanent resident of Jammu and Kashmir.
- Beneficiaries should have relevant educational qualification (in case of technical trade) and should provide fresh attested copy of certificate.
- Beneficiaries should not be a defaulter with other financial institutions and they should support it by affidavit.
Maximum loan granted to these beneficiaries is up to Rs 5 lacs and they have to repay back with a rate of interest of 4, 5 & 6% in 24 easy quarterly installments in 6 years including the moratorium period of six months on the recovery of principal.
Scheme for women of Backward Classes loan facility
This scheme was launched on 15th August 2001 by the Ministry of Social Welfare Department and is sponsored by the state. The main objective of this scheme is to uplift women of the backward classes and to help them to generate income. Loan is provided to them so that they can establish their own enterprises. Women who can avail the benefits of this scheme should have an annual family income of Rs 62000 or less in urban areas and Rs 52,000 or less in rural areas. The age of the women should be within 18 to 45 years and should belong to backward classes. In order to apply the woman must apply to the office of the Development Officer concerned.
Citizen Charter-J&K State Women Development Corporation
Jammu & Kashmir State Women`s Development Corporation was established in the year 1991 under the Companies Act 1956 but it came in to function from the year 1994. The Corporation implements a number of schemes for Socio-Economical development and upliftment of Women by emphasising on the families living Below Poverty Line (BPL) & Women belonging to Minorities, Backward & Other Classes.
Sher-I-Kashmir Employment and Welfare Programme
“Empowering Skilled Young Women, 2009” scheme implements Sher-I-Kashmir Employment and Welfare Programme (SKEWP) laid down by the Government in order to create self- employment ventures for educated unemployed youth. A low rate of interest of 6% is charged on the credit which is being granted to the entrepreneurs. Corporation is getting encouraging response in all parts of the state.
It was developed by the Government of Jammu and Kashmir in March 1997. It is build for the development of entrepreneurship in the state. It has many regional across Jammu, Kashmir and Ladakh. It has also created community organisers in all the 22 districts of Jammu for entrepreneurship development.