Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP
A Madhya Pradesh self-employment subsidy scheme for Scheduled Caste applicants, offering project funding of up to ₹50 lakh for manufacturing and ₹25 lakh for service or retail ventures, plus a 5% interest subsidy on loans for up to 7 years.
- Funding amount
- ₹1L – ₹50L (subsidy)
- Funding type
- Subsidy
- Provider
- Tribal Welfare and Scheduled Caste Welfare Department, Government of Madhya Pradesh (Government)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The Sant Ravi Das Swarojgaar Yojana is a self-employment subsidy programme run by the Tribal Welfare and Scheduled Caste Welfare Department of the Government of Madhya Pradesh. It exists to move Scheduled Caste residents of the state into business ownership — either by launching a fresh venture or by expanding one that is already running.
Support is organised around the type of project. A manufacturing proposal can be built on a project cost of ₹1 lakh to ₹50 lakh, while a service or retail trade venture is supported from ₹1 lakh to ₹25 lakh. Separately, the scheme brings down the cost of borrowed money by covering 5% of the annual interest on Term Loans as well as Working Capital Loans.
That interest support can continue for up to 7 years, with any moratorium period counted inside that window. It is not automatic — a beneficiary has to keep loan repayments regular to keep receiving it.
Money is only one half of the offer. Approved applicants also go through a 12-day training module on entrepreneurship development, delivered online, which is meant to sharpen the business and operational skills needed to actually run the unit.
There is no fixed annual window. Applications are accepted on a rolling basis, so a founder can approach the department at any point in the year.
Highlights
- 5% yearly interest subsidy on Term Loans and Working Capital Loans
- Manufacturing projects supported from ₹1 lakh to ₹50 lakh
- Service and retail trade projects supported from ₹1 lakh to ₹25 lakh
- Interest support runs for up to 7 years, moratorium included
- 12-day online entrepreneurship development training for beneficiaries
- Open to Scheduled Caste residents of Madhya Pradesh aged 18–40
Who can apply
This scheme is reserved for Scheduled Caste applicants who live in Madhya Pradesh, and every application is screened against a fixed set of conditions.
- Residency: the applicant must be a resident of Madhya Pradesh.
- Age: between 18 and 40 years.
- Category: Scheduled Caste.
- Education: minimum qualification of class 12 passed.
- Family income: annual family income must not exceed ₹12.00 lakh.
- Credit record: the applicant must not be a defaulter with any bank or financial institution — this includes MFIs, NBFCs, small finance banks and PACS.
- No double benefits: anyone already a beneficiary of another state or central self-employment scheme is not eligible.
Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.
What the funding covers
Two kinds of support reach approved beneficiaries — a loan-linked interest subsidy and structured project funding.
- Interest subsidy: 5% per year on both Term Loans and Working Capital Loans, payable for up to 7 years and inclusive of any moratorium period. Staying regular on repayments is a condition for continuing to receive it.
- Manufacturing projects: support for setting up new units or expanding existing ones, with project costs ranging from ₹1 lakh to ₹50 lakh.
- Service and retail trade projects: supported from ₹1 lakh to ₹25 lakh.
Beyond the money, recipients go through a 12-day online module on entrepreneurship development. The training is intended to build the business and operational skills needed to run the funded venture well.
About the provider
Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP is offered by Tribal Welfare and Scheduled Caste Welfare Department, Government of Madhya Pradesh, a government body. As a government-backed subsidy, it is publicly funded and open to eligible startups across India.
How to apply
Applications are submitted on the . Confirm the current deadline and document checklist there before you start.
Selection process
Applications reach the Scheduled Caste Welfare Department Office first, and are screened there before any decision is taken.
- Eligibility verification: the department checks the applicant's age, residency, Scheduled Caste status, educational qualification and family income against the scheme's conditions.
- Financial background check: a review confirms that the applicant is not a defaulter of any bank or financial institution.
- Project evaluation: proposals that clear the first two steps are assessed for feasibility and for how closely they follow the scheme guidelines.
- Final decision: a designated committee within the department selects the proposals that are both eligible and viable. Only those move forward for support.
Documents you’ll need
Before you apply to Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP is best suited for startups in India seeking non-dilutive funding of ₹1L – ₹50L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding does the Sant Ravi Das Swarojgaar Yojana offer?
The amount depends on what you are building. A manufacturing unit — either a new one or an expansion of an existing one — can be sized at a project cost of ₹1 lakh to ₹50 lakh. Service and retail trade ventures are supported from ₹1 lakh to ₹25 lakh. On top of the project funding, the scheme pays 5% of the annual interest on your Term Loan and Working Capital Loan.
What exactly is the interest subsidy, and how long does it last?
Approved beneficiaries receive a 5% annual interest subsidy on both Term Loans and Working Capital Loans. It stays available for up to 7 years, and any moratorium period falls inside that 7-year window. The one condition is regular repayment — if the loan instalments are not maintained, the benefit is not guaranteed.
Who is eligible to apply?
The scheme is meant for Scheduled Caste residents of Madhya Pradesh. An applicant has to be between 18 and 40 years old, have passed at least class 12, and come from a family whose yearly income is not more than ₹12.00 lakh. They must also be free of any default with a bank or financial institution — including MFIs, NBFCs, small finance banks and PACS — and must not already be receiving support under another state or central self-employment scheme.
Which types of projects are covered?
Support is divided into two broad categories. The first is manufacturing, where proposals can go up to ₹50 lakh. The second covers service and retail trade ventures, which are supported up to ₹25 lakh. In both cases the project cost can start from as little as ₹1 lakh.
Is there a last date to apply?
No. The scheme runs on a rolling basis, so applications are accepted through the year rather than against one annual cut-off. That said, submissions are expected within any prescribed period laid down by the department, so it is worth confirming the current position at the office when you collect your form.
How and where do I apply?
The process is offline. Visit the Scheduled Caste Welfare Department Office in Madhya Pradesh during working hours and ask the concerned authority for the prescribed hard-copy application form. Fill in every mandatory field, paste a passport-sized photograph, and attach self-attested copies of the necessary documents. Submit the signed form and attachments to the designated authority, and ask for a receipt or acknowledgement — ensure it carries the date and time of submission and a unique identification number if one applies. The scheme notification is published at https://govtpressmp.nic.in/pdf/extra/2022-05-13-Ex-249.pdf.
Does the department take equity in my business in return?
No. This is a subsidy scheme, not an equity investment. The support arrives as an interest subsidy tied to your loans rather than as a shareholding, so the department does not take a stake in the venture.
What documents do I need to submit?
The application has to be complete in all mandatory fields, with a passport-sized photograph affixed and self-attested copies of the required documents attached. Since the department verifies age, Madhya Pradesh residency, Scheduled Caste status, class 12 qualification and family income during screening, keep the records supporting each of those conditions ready, and confirm the exact document list with the department office when you apply.
Is any training included with the funding?
Yes. Beneficiaries take part in a 12-day training module on entrepreneurship development, delivered online. It is designed to build business and operational skills alongside the financial assistance.
Can I apply if I already benefit from another government self-employment scheme?
No. An applicant who is currently a beneficiary of any other state or central self-employment scheme is not eligible for the Sant Ravi Das Swarojgaar Yojana. You would need to be free of that other scheme's benefits to qualify.
Is DPIIT recognition required for Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP, though having it can strengthen your application and unlock other benefits.
Who offers Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP?
Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP is offered by Tribal Welfare and Scheduled Caste Welfare Department, Government of Madhya Pradesh, a government body. It is provided as non-dilutive funding.
How do I apply for Sant Ravi Das Swarojgaar Yojana — Up to ₹50L for SC Founders in MP?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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