Green Business Scheme
Climate change, which has become one of the greatest challenges for the world, is the consequence of unchecked pollution. With a view to mitigate the impact of climate change on human beings, it is necessary to bring down pollution level, for which it is necessary to promote such business activities which can tackle the climate change and also help in income generating.
| Objective | To provide financial assistance in the form of loan for the activities which could tackle the climate change alongwith income generation. The income generating activities which could mitigate the Green House effect or could be classified under adaptation initiatives, would be covered under the scheme. |
|---|---|
| Eligibility | Safai Karamcharis, Scavengers and their dependants |
| Indicative schemes | Battery electric vehicle(E-rickshaw), Compressed air vehicle, Solar energy gadgets, Poly houses |
| Quantum of loan | 90% of the Unit cost with a maximum of Rs. 2 lac. Quantum of loan shall, however, be reduced to the extent of the amount of subsidy available, if any. |
| Promoters’ contribution | 10% of the unit cost |
| Interest | From NSKFDC to SCAs : 4% p.a. From SCAs to beneficiaries : 7% p.a. *(1% Rebate from NSKFDC share of interest in case of Female Beneficiaries.) |
| Repayment | The loan under the scheme shall be repaid in quarterly instalments, within a maximum period of 6 years including moratorium period of 6 months. |
