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Rajiv Gandhi Swavlamban Rozgar Yojna(RGSRY)
Rajiv Gandhi Swavlamban Rozgar Yojna(RGSRY)

Rajiv Gandhi Swavlamban Rojgar Yojna (RGSRY)

 

Rajiv Gandhi Swavlamban Rozgar Yojna has been designed, developed and promoted by the Delhi Khadi & Village Industries Board, with the help of Government of NCT of Delhi, to provide the employment opportunities to the unemployed youths, artisans, trained professionals, skilled technocrats and entrepreneurs by promotion/expansion of permissible industries, professions, tertiary and service sector in the UT of Delhi.

 

1.   Eligibility:

            A. Any one of the following can avail loan under the scheme:-

                (a) School/College dropouts above the age of 18 years.

                (b) Individual entrepreneur.

                (c) Trade Professionals

                (d) Artisan

                (e) Small-Scale Industrial units which have total investment of plant, machinery and equipment not exceeding the ceiling prescribed for small scale units by the Central Government from time to time and must be located within the National Capital Territory of Delhi, shall also become eligible for financial aid of loan.

               (f) Passed out candidates from any technical/professional institute recognized by the Government or its authorized undertakings, without further training.

B.   Age Limit: 18 years to 50 years

2.   Jurisdiction, Purpose and Quantum of Assistance:-     

  Financial aid as loan under these rules may be granted to the eligible projects pertains to any of the following groups/sector:-

i)      Secondary Sector (Tiny/Cottage Industries)

ii)     Tertiary Sector (Trade, Transportation, Hostels, Restaurants  without Liquor and Meat etc.)

iii)    Services Sector: (Under the ambit of various Terms & Conditions,    provisions of local bodies and Delhi Master Plan.)      

3.  Quantum of Loan:-

    i)The quantum of loan granted under this scheme, to proposed and functioning units shall not exceed Rs. 3,00,000 provided that concerned entrepreneur shall make at least 10% contribution of amount demanded as loan from the DKVIB. In case of weaker sections i.e. SC/ST/OBC/Ph.H. /Women/Ex. Servicemen, only 5% contribution of entrepreneur is required.

   ii)Loan shall not be sanctioned to such parties who have already been advanced any loan for the same or similar purpose by the Government or any Government controlled financial institutions and has not been repaid in full with interest or has been mis-utilized and/or misapplied.

4.  Subsidy:-

            Govt. of Delhi would provide subsidy @ 15% of the project cost subject to the ceiling of Rs. 7,500.00 per entrepreneur.  In case of more than one entrepreneur joining together and setting up a project under partnership, subsidy would be calculated for each partner separately, @15% of his share in the project cost, limited to Rs. 7,500.00 each partner. Subsidy component would be adjusted to the borrower’s loan account after a period of two years from the date of disbursement of loan. Subsidy component would be recovered from the borrower along with 18 % penal interest in cases where the loan amount has been found not utilized for the purpose for which it was released.

5.  Tenure of loans and Repayment :-

      (i)Every loan with interest thereon shall be repaid in full within 5 years in equal quarterly installments.  The recovery of loan may be started after a gap of 12 months from the date of release of loan amount. However, interest on released amount will be recoverable form the first quarter, from the date of release of loan amount. To ensure timely recovery, borrower shall provide equal nos. of post dated cheques for quarterly installments of Principle amount including interest due as on date of installment fixed by the Board. 

       (ii) The Borrower shall ensure for timely encashment of each and every cheque.  In case of any default, DKVI Board will be entitled to take  action against him / her and/or sureties as prescribed under the law.

6. Rate of interest:-

            The loan granted under this scheme shall bear interest as prescribed by the Govt. of NCT of Delhi from time to time.  The interest on loan will accrue from the date of its disbursement and where the loan is disbursed in installments, interest shall run on each installment from the date of disbursement of such installment. No interest subsidy. 

7.  Utilisation of Loan:-

       (i)The borrower shall utilize the loan for the specific purpose for which it is advanced within three months.  However, Managing Director of the DKVI Board will be competent to grant maximum three months grace for the utlisation of amount released by the DKVI Board.  After six months, no further concession will be allowed and in case of non-utilisation of funds within the maximum permissible period, loan amount will be treated as mis-utilized and DKVI Board will be liable to make recovery of entire amount alongwith 18% interest or as prescribed from time to time by Delhi Govt.

     (ii) If the borrower utilizes the financial assistance received from the DKVI Board in violation of the provisions of  these loan rules or instructions of the DKVI Board, the amout of loan shall be treated as mis-utilised and shall invite interest @18% along with principal amount may be recovered.

8.   Security of Loan: -

           The applicant shall furnish a surety/security of one Govt. Servant may be either of the employee of GNCTD or of its autonomous bodies or Central Govt. Employees, working in Delhi.

9.  Training Details: - 

      Since the scheme envisages conversion of energy of school dropouts or those who have not gone beyond school education as well as of college dropouts, emphasis would be on skill formation/enhancement of the selected candidates selected by the Board. The primary purpose of imparting skills to the candidates is for enabling them to take up self-employment. The focus, therefore, will be on skill formation and entrepreneur development, basic component of which would be: -

         i.   Skill formation.

         ii.   Elements of book keeping.

         iii.   Simple knowledge of marketing.

         iv.  Acquaintance with product costing.

         v.   Familiarization with project financing by banks and other financial institutions.

 

10.  Marketing Support:-

            Under this scheme the following arrangements are proposed for extending marketing support to the beneficiaries who avail financial assistance under this Scheme. 

i)      Display of their products in Delhi Emporium as per availability of space.

ii)     DSIIDC/ Cooperative Stores can get the products manufactured by the selected  entrepreneurs and market the same in their own brand name.

ii)    Allowing such entrepreneur to participate in trade fairs particularly in Delhi Pavilion and in the exhibitions organized by Board or any other Govt. Organization.

iv)     Issue of certificate to the beneficiary unit to get the recognition in the market/society.

11.  Submission of  Application :-

            The applicant shall submit the application to the DKVI Board on the prescribed Loan Application Form. The loan application can also be downloaded from the website of  the Board and now available free of cost by the Board. 

12. Area of Implementation:-

           Under Rajiv Gandhi Swavlamban Yojna industrial/professional unit can be set up in any area comes under preview of Govt. of NCT of Delhi. In residential / non conforming areas loan for only those professionals/ industrial activities will be provided which are permitted under the Master Plan of Delhi for those areas. To set up a unit in non-confirming areas, the applicant will also submit  NO OBJECTION CERTIFICATE of High Power Committee constituted by Industries  Department, Govt. of Delhi and Municipal Corporation License (MCL), for the respective industry. In the case of professional / commercial activities the applicant should also submit  Registration Certificate from MCD for the concerned trade.

13.  Processing of Application:- 

          Applications received under the scheme will be dealt on First Come First Serve basis.   

 

14.  Facilitation Center:-

         Public relation officer/ Development officer will be available daily for inquiry about the scheme. 

 

  The list of Documents required along with the loan application form:

   a. Electoral photo,Identity Card,copy of valid passport/Aadhar card   

   b. Passport size attested photographs :two

   c. Education 

   d. Work Site detail

   e.  Electricity Bill(Residence)

   f.   (i) For Shop/ Business/Professions:Registration Certification from MCD

        (ii) Industrial unit in non-confirming area:  noc of  HPC & MCL 

   g. Affidavit in prescribed format, duly attested by the NOTARY PUBLIC.

 

PROFORMA

AFFIDAVIT FOR LOAN DECLARATION

     (To be typed on Non-Judicial Stamp Paper of Rs 10/- duly attested by Notary Public with Rs. 5/- Notarial stamp.) 

I---------------------------------------------- W/o S/o D/o Sh. -----------------------------------aged------------------( years) R/O-----------------------------------------------------------------do hereby solemnly affirm and declare as under:  

1. (a) That neither I nor my spouse or any member of my family, including adult children have token loan or applied for any financial assistance from either of the following department:-

A.  Department of Industries, Govt. of Delhi

B.  Khadi & Village Industries Commission, Govt. of India

C.  Dehi Khadi & Village Industries Board, Govt. of Delhi.

D. District Rural Development Agency, Delhi.

E.  Delhi Scheduled Caste, Scheduled Tribe and OBC Development and Financial Corporation Ltd. Delhi.

F.  Delhi Financial Corporation.

G.  Any Nationalized/ Scheduled Bank.

H. Delhi State Co-operative Bank Ltd. Delhi

I. Any other Govt./Non Govt. Financial Agency / Institution

OR

(b). That I have taken the loan of Rs...........for the purpose of.. ………from …………     Its latest outstanding amount is Rs ……….           .

2.That my date of Birth is ........................................     .

3.That my Education is .......................            .

4.  That neither I, nor any member of my family is a member of any Co-operative Society, Registered Institution which have applied or taken any loan from the departments mentioned in para one above.

5.  I,....................................... ...S/o/D/o/W /0 Sh....................aged...... ............... R/o..................................Delhi/ New Delhi, do hereby affirm and declare that the information given above and in the enclosed documents is true and correct to the best of my knowledge and belief and nothing material has been concealed therein. I am well aware that concealment of facts and giving false information is punishable offence and in case I am guilty of giving false information or concealment of facts herein, I will be liable to be punished with imprisonment and/or fine as per the relevant provisions of law. I also undertake that the benefits availed by me by furnishing such false information or concealment of the facts shall be liable to be summarily withdrawn.
 

Self-attested photo of applicant
with half signature on the paragraph and half on the
paper

 

DEPONENT
(Name:........................................)
_________________________________________________________________________
For office use only
Identity and photograph of the applicant verified by the undersigned.
(Signature and stamp of ADO/Supervisor)

 

 

 PROJECT AT A GLANCE

1. About the Applicant/beneficiary ........................................
(Please give detail of education, experience, related to the project applied)

2. About the project (Brief about the project, product, business etc. alongwith the market demand etc.)

3. Total cost of Project:Rs...... ......... ........

a. Fixed investment Rs............·...........

b: Working Capital Rs............·...........

 4. Machinetv/Furniture to be purchased   ................................
(Please enclose list with cost)

5. Detail of Raw Material................................

6. Manpower Required..........Nos.

7. Profitability

a. Production cost calculation (pa)
         i           Raw Material                          Rs ......................
         ii          Electricity & Water                 Rs ......................
         iii         Transport                                Rs ......................
         iv         Rent on Building                     Rs ......................
         v         Interest on Loan                      Rs ......................
         vi        Telephone                               Rs ......................
         vii        Packaging                              Rs ......................
         viii       Misc. Expenditure                  Rs ......................

                                       Total                   Rs.................... .

b. Estirnated Annual Sale                           Rs... ...... ................

c.Estimated Annual Profit(b-a)                   Rs......... ...............

 

Signature of Applicant/Promoter
   

Click below on the following link to see the details :


 Rajiv Gandhi Swavlamban Rojgar Yojna (RGSRY) 


Click to download the loan application form under RGSRY scheme

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Last Updated : 16 Aug,2016