Green Business Scheme - Haryana

DETAILS The "Green Business Scheme" is implemented by the Haryana Scheduled Castes Finance and Development Corporation (HSCFDC) in collaboration with the National Safai Karamcharis Finance and Development Corporation (NSFDC) within the state of Haryana. Under this scheme, loans of up to ₹2.00 lakhs are provided to Scheduled Caste residents of Haryana for undertaking income-generating activities such as e-rickshaws, compressed air vehicles, solar energy gadgets, polyhouses, and similar ventures. Activities that contribute to mitigating the greenhouse effect are eligible for assistance under this scheme. BENEFITS The Corporation, in collaboration with NSFDC, provides a loan for various economic development schemes having a unit cost up to ₹2,00,000/-. The Corporation provides margin money @10% of the project cost. The Corporation (HSFDC) provides a subsidy of 50% of the total project cost, with a maximum amount of subsidy being ₹10,000/- of the total project cost. ELIGIBILITY The applicant should be a permanent resident of Haryana. The applicant should be in the age group of 18 to 45 years. The applicant should belong to the Scheduled Caste category. The applicant's annual family income should be up to ₹3,00,000/-. Note: The income ceiling is at least 50% of the beneficiaries having an annual family income up to ₹1,50,000/-, and the balance 50% of the beneficiaries having an annual family income up to ₹3,00,000/-.