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Additional Conditions
 

i) The ownership of the project may be proprietorship, partnership, a cooperative society of a group of entrepreneurs, private company etc.

ii) In cases wherever necessary, trade license from the concerned Panchayat / Municipality / Municipal Corporation shall be obtained. The various Self-Help Group & Self- Employment Offices in the District, Municipalities, Blocks etc. will work to provide necessary assistance / guidance to the applicants and liaison with the Block / Municipal Self-Help Group & Self- Employment Offices in this regard. In cases where necessary clearance from the West Bengal Pollution Control Board and registration with the Directorate of Cottage and Small Scale Industries is to be obtained, assistance from the District Self-Help-Group & Self- Employment Officers / Block Self-Help Group & Self-Employment Officers and Designeted Officers at Municipal level shall be provided.

iii) Entrepreneurs or the members of the groups thereof (i.e. every member of the group) who might have availed of loan unde any other scheme will also be eligible to avail of this scheme provided that they have fully repaid their earlier loans or there is no demand for repayment pending against them if the earlier loan was under any programme or scheme linked with grant or subsidy from the Government and provided further that the total subsidy of all the schemes including the present one does not exceed the limit prescribed under the present scheme.

iv) Once the project is sanctioned in favour of any entrepreneur as an individual or as a member of group, he/she will not be entitled to seek any employment during the period of operation of the project. The entrepreneur as an individual or as a member of a group shall produce his/her original employment exchange registration card and submit a copy of the same for attestation of Block SelfHelp Group & Self- Employment Officers/Designeted Officers at Municipal level who shall retain the attested copy of the card in his record. The District Self-Help Group & Self- Employment Officer shall inform the concerned employment exchange to keep this registration in abeyance until further notice i.e. till the full repayment of principal and interest has been made to the concerned Bank /Financial Institution.


Government Grant

An eligible entrepreneur or group of entrepreneurs shall be entitled to get a subsidy grant equal to 30% of the project cost subject to a miximum Rs. 1.5 lakh for individual and Rs. 3.5 lakhs for group which will be disbursed along with the loan amount after ensuring that the entrepreneur or group of entrepreneurs have contributed 5% of the project cost and mergin money.

 

 

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