Government of Karnataka for the upliftment of religious minorities i.e. Muslims, Christians, Sikhs, Parsis, Jain and Buddist, implements Several Schemes for their welfare and economic develpoment, with an Authorized Share Capital of ₹.150 Crores.
To avail one of its popular ShramaShakti Scheme, We facilitated 233 beneficiaries from various centres to apply for it. All the Applications were filled online and related documents were submitted at district office. In this Scheme, Loan will be provided to minority artisans to improve their artistic skill and to others who wish to start or improve petty trade, business etc. Loan upto Rs 50,000 at a lower rate of interest 4% will be provided. Out of this 50% is back end subsidy i.e if the beneficiary repays 50% of the loan sanctioned within the specified period of 36 months, he will be eligible for the subsidy.