“Rajiv Gandhi Swavlamban Rozgar Yojna” has been designed, developed, and promoted by the Delhi Khadi & Village Industries Board, with the help of the Government of NCT of Delhi, to provide employment opportunities to the unemployed youths, artisans, trained professionals, skilled technocrats and entrepreneurs by promotion/expansion of permissible industries, professions, tertiary and service sector in the NCT of Delhi.
Jurisdiction, Purpose and Quantum of Assistance: Financial aid as a loan under these rules may be granted to the eligible projects pertaining to any of the following groups/sectors:-
Tenure of loans and Repayment:
Rate of interest:
The loan granted under this scheme shall bear interest as prescribed by the Govt. of NCT of Delhi from time to time. The interest on the loan will accrue from the date of its disbursement and where the loan is disbursed in installments, interest shall run on each installment from the date of disbursement of such installment. No interest subsidy.
Utilization of Loan:
Security of Loan: Applicant shall furnish a surety/security of one Govt. Servant. The Government Servant may be either an employee of the Government of National Capital Territory of Delhi (GNCTD) or of its autonomous bodies or Central Govt. employees, working in Delhi.
Area of Implementation:
Under the scheme. “Rajiv Gandhi Swavlamban Yojna” industrial/professional unit can be set up in any area and comes under the preview of Govt. of NCT of Delhi. In residential / non-confirming areas loans for only those professional/industrial activities will be provided which are permitted under the Master Plan of Delhi for those areas. To set up a unit in non-confirming areas, the applicant will also submit a No Objection Certificate of the High Power Committee constituted by the Industries Department, Govt. of Delhi, and Municipal Corporation License (MCL), for the respective industry. In the case of professional/commercial activities, the applicant should also submit Registration Certificate from MCD for the concerned trade.
Since the scheme envisages the conversion of the energy of school dropouts or those who have not gone beyond school education as well as of college dropouts, the emphasis would be on skill formation/enhancement of the selected candidates selected by the Board. The primary purpose of imparting skills to the candidates is for enabling them to take up self-employment. The focus, therefore, will be on skill formation and entrepreneur development, the basic component of which would be: -
Marketing Support: Under this scheme, the following arrangements are proposed for extending marketing support to the beneficiaries who avail of financial assistance under this Scheme.
Note 01: The concerned entrepreneur shall make at least a 10% contribution of the amount demanded as a loan from the DKVIB.
Note 02: In the case of weaker sections i.e. SC/ST/OBC/Ph. H./Women/Ex. Servicemen, only 5% contribution of an entrepreneur is required.
Note 03: In case of more than one entrepreneur joining together and setting up a project under the partnership, the subsidy would be calculated for each partner separately, @15% of his share in the project cost, limited to ₹7,500/- for each partner.
Note 04: The subsidy component would be adjusted to the borrower’s loan account after a period of two years from the date of disbursement of the loan.
Note 05: The subsidy component would be recovered from the borrower along with 18 % penal interest in cases where the loan amount has been found not utilized for the purpose for which it was released.
1. Any one of the following can avail loan under the scheme:
2. The age of the applicant should be between 18 years to 50 years.
The loan shall not be sanctioned to such parties who have already been advanced any loan for the same or similar purpose by the Government or any Government controlled financial institutions and has not been repaid in full with interest or has been mis-utilized and/or misapplied.
Offline
Online
Step 01: The applicant may apply through offline mode by submitting the application form along with all the relevant documents directly in the office of the Board.
Step 02: The loan application form can also be downloaded from the official website of the Board.
Step 03: Fill in all the mandatory details in the application form and submit it along with all essential documents in the office of the Board.
Step 04: After successful verification, the applicant will be eligible to get the benefits of the scheme.
Note 01: ADO/Nodal Officer of RGSRY will be available daily for inquiries about the scheme in the Board office.
Note 02: Applications received under the scheme will be dealt on First Come First Serve basis.
Note: In the case of online applications, the above documents can be uploaded on the portal in JPEG, JPG, PNG, GIF, or PDF format. File size should not be more than 2 MB.