The **Karnataka Swawalambi Sarathi Scheme** is a program introduced by the Karnataka government to reduce the unemployment rate in the state¹. Here are some key details about the scheme:
– **Objective**: The primary goal of the scheme is to provide financial aid to the state’s unemployed inhabitants in order to place them in employment and enable the beneficiary to better his financial situation¹.
– **Subsidy**: The beneficiaries of this program, which include unemployed minorities and the SC/ST community, would receive subsidies ranging from 50% to 75% for everything from the purchase of four-wheelers to the launch of a new enterprise¹. The subsidy amount varies based on the community:
– Minority: 50% subsidy, up to a maximum of 3 Lakh
– SC/ST: 75% subsidy, up to a maximum of 4 Lakh¹
– **Eligibility**: The applicant must be a citizen of Karnataka and must be unemployed. The citizens of Scheduled Castes, Scheduled Tribes, and other minority communities will receive benefits from this programme¹.
– **Application Process**: Both online and offline applications for the Swawalambi Sarathi Scheme are accepted¹.
The beneficiaries will receive this sum by direct deposit into their bank accounts¹. This scheme aims to inspire youth to benefit from the programme and move their businesses ahead¹.