West Bengal Gatidhara Scheme

The West Bengal government introduced the Gatidhara Scheme in August 2014. Families with a monthly income of Rs 25,000 or less are eligible for financial assistance under the initiative. The scheme’s goal is to create self-employment opportunities in the state’s urban and rural areas by promoting transportation services. This initiative has helped West Bengal’s young with food security and helped to improve the state’s transportation system.

Purpose of the Gatidhara Prakalpa

Under the scheme, the West Bengal state government offers a 30% discount for the purchase of commercial cars under this program.  The buyer may take out loans from several institutions to repay the remaining balance. The Gatidhara initiative provides financial help in the form of a loan, which is approved by all Nationalized Banks, Co-operative Banks, and Grameen Banks. Under this initiative, the project cost for the acquisition of a small and medium vehicle shall not exceed Rs.10,000,000.

Benefits of the Scheme

– The government will cover 30% of the cost of a commercial vehicle. The greatest sum of money that can be received in this situation is Rs one lakh. – According to the most recent data, this scheme has already helped over 2.2 lakh applications. – Under this arrangement, loans up to 65% of the total cost can be approved. – The applicant must receive Marzin Money, which is the remaining 5% of the loan amount.

Eligibility Criteria for the Gatidhara Scheme

– The applicant must be a West Bengali citizen. – The applicant’s age range should be from 20 to 45 years old. Candidates who identify as SC, ST, or OBC may have their upper age restriction lowered by up to five, three, or four years, respectively. – The recipient’s total monthly household income cannot be more than Rs. 25,000. – The applicant must hold a current commercial driver’s license. – A family can only have one member eligible for a subsidy. – Candidates who have previously obtained a loan through BSKP, USKP, or any other program are also qualified for this program.

Required Documents

– Driving license – Domicile certificate as residence proof – Unemployment certificate – A birth certificate for age proof – Aadhaar card – Income certificate from the respective authority – Caste certificate – Passport size photograph – Project report – Affidavit as per mentioned format

Apply for the Gatidhara Scheme

– Download the application form, affidavit, and income certificate. – Then, take a printout of every PDF file and fill it up carefully. – Attach all the required documents. – Submit them to the office of the Joint Director of Employment Kolkata District in the case of the Kolkata municipal corporation area or to the respective sub-divisional officer (SDO). – Choose a lender for the loan necessary to purchase a car. – The vehicle would registered within one month of receiving the permit and subsidy offer letter from the scheme. – The “Gatidhara Scheme” is facilitated by authorized vehicle dealers.

Funding Pattern

After the entrepreneur’s contribution and the subsidy are received, the loan will be disbursed within 15 days. Five to seven years are allotted for loan payback. – The applicant receives financial help from the State Government in the form of a 30% subsidy of the project cost, as long as the total stays under Rs. 1,00,000. – The entrepreneur is granted a term loan by the bank that covers 65% of the project’s cost. – The remaining 5% of the project’s cost should be provided by the applicant as margin money.

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