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Karnataka govt introduces Udyogini Scheme to uplift women belonging to economically weaker section

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ISN Team
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Udyogini Scheme

The Karnataka government recently introduced the Udyogini Scheme, aimed at helping women from economically weaker backgrounds become self-reliant.

The program, carried out by the Karnataka State Women Development Corporation (KSWDC), provides subsidized loans to eligible women to start or expand small businesses.

Providing loans ranging from 100K to 300K

Under the initiative, general and special category women can receive loans ranging from 100,000 to 300,000 rupees, while women from certain disadvantaged groups, such as those belonging to the Scheduled Castes (SC) or Scheduled Tribes (ST), may qualify for higher subsidies—up to 50%—on their loan amounts.

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Widows and women with disabilities face no family income limit, making the scheme more inclusive and accessible to those in need.

It's worth noting that the applicants must be permanent residents of Karnataka, ages 18 to 55, and free of any past loan defaults. Preference is given to individuals who are extremely poor, widowed, or physically challenged, as well as those who have completed skill development or vocational training.

Approximately 10% of the yearly budget for this program is set aside for members of World Bank-assisted Swashakthi or Stree Shakthi groups.

How to apply?

To apply, eligible women may either visit the official websites of participating banks to complete an online application or submit documents offline at the nearest bank or Karnataka State Financial Corporation (KSFC) branch.

Required paperwork includes three passport-size photographs, proof of annual income, a caste certificate if applicable, and a project proposal or detailed report on the intended business venture. Once the application and supporting documents are verified, banks forward a request to KSWDC to release the subsidy amount. The final loan is either deposited directly into the applicant’s bank account or issued to the supplier of equipment or other capital expenses.

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