In an effort to address the persistent issue of unemployment and foster entrepreneurial opportunities in the state, the Karnataka government has implemented the Swawalambi Sarathi Scheme. This ambitious program aims to provide financial support to eligible individuals, empowering them to purchase vehicles and propel their businesses forward. By bolstering income generation and inspiring youth to partake in this initiative, the scheme strives to lower the unemployment rate in Karnataka and stimulate economic growth.
Karnataka Swawalambi Sarathi Scheme 2023
The Karnataka Swawalambi Sarathi Scheme exemplifies the government’s commitment to fostering employment opportunities and encouraging entrepreneurship among marginalized communities. By providing financial support and subsidies for various ventures, the scheme empowers individuals to become self-reliant and contribute to the state’s economic growth. Through the implementation of a streamlined application process and the direct deposit of funds, the government ensures transparency and efficiency in delivering the scheme’s benefits. The Swawalambi Sarathi Scheme serves as a catalyst for socio-economic empowerment, enabling individuals to chart their own paths to success and prosperity in Karnataka.
Karnataka Swawalambi Sarathi Yojana Details in Highlights
| Name Of the Scheme | Karnataka Swawalambi Sarathi Scheme |
| By Whom Initiated done | By the Government of Karnataka |
| Beneficiary | unemployed citizens of the state |
| Assistance to be Provided | From buying a vehicle to starting a new business, providing subsidy |
| Subsidy Amount | 3 lakh to 4 Lakh |
| Application Process | Online / Offline |
| Official Website | Coming Soon |
Financial Support and Subsidies
Under the Swawalambi Sarathi Scheme, eligible individuals can receive subsidies ranging from 50% to 75% for a wide range of activities. This includes the purchase of four-wheelers, enabling aspiring entrepreneurs to establish transportation businesses. Additionally, the scheme supports the launch of new enterprises by providing financial assistance to cover initial capital investments, machinery, equipment, and infrastructure development.
Eligibility Criteria
- Candidate is needed to be the permanent resident of Karnataka state.
- Self supporting program is only available for unemployed residdents.
- Only scheduled castes, schedule tribes, and other minority communities are eligible for this program.
- The candidate age must exceed 21 years.
- The candidate’s bank account must be linked with Aadhar card.
Required documents
- Aadhar Card
- PAN Card
- Driving Licence
- Caste Certificate
- Residential Certificate
- Bank Account
- Colorful Passport Size Photo
- Phone Number
How to Register for Karnataka Swawalambi Sarathi Scheme 2023
Since this website have just launched, the government have not unveiled the official website yet. Interested candidate will need to wait. Government will publish the website soon.