WB Karma Sathi Prakalpa Scheme online application form invited at karmasathi.wb.gov.in. Karma Sathi Prakalpa has been launched by the West Bengal government to generate employment opportunities for youth. The new scheme will open new doors for those who are interested in new ventures by helping intending or prospective entrepreneurs and make them self-dependent,
Chief Minister Banerjee wrote on her twitter, “Today is International Youth Day. The government of West Bengal is committed to empowering the youth. A new scheme ‘Karma Sathi Prakalpa’ has been by West Bengal Government. 1 lakh launched youth will be provided soft loans and subsidies to make them self-reliant.”
West Bengal Karma Sathi Prakalpa Scheme 2022
The state government of West Bengal has taken remarkable initiatives in employment generation for the promising youth through opening new doors to help intending or prospective entrepreneurs and make them self-dependent, those who are interested in new ventures. Employment generation is one of the thrust areas of the State Government and because of that Government of West Bengal has launched and announced the West Bengal Karma Sathi Prakalpa Scheme 2022.
WB Govt. will provide financial assistance and help enthusiastic intending or prospective entrepreneurs to start their own business as a self-employed youth who will become an employer in upcoming days and generate more employment. Under the scheme, the state government has set a target of providing loans to one lakh youths every year. Each beneficiary can avail of a loan up to Rs 2 lakh under the scheme. Apart from loans, the state government will also provide subsidies for taking up new projects.
Objectives of Karma Sathi Prakalpa
- To facilitate intending or prospective entrepreneurs of the state in setting up new manufacturing enterprises and small businesses including services and trading.
- To create gainful self-employment opportunity in both rural and urban areas of the state.
- This scheme aims to provide financial assistance and help passionate and prospective young entrepreneurs to start their own business as a self-employed youth who will become an employer in the future and generate more employment.
- Under the scheme, soft loan and subsidy will be provided for taking up any new income-generating project in the manufacturing, service, and trading/business sector up to Rs. 2 lakhs.
- The Karma Sathi loan will be provided by the State-owned Cooperative Bank on soft terms.
- The scheme will commence from the date of Gazette Notification and shall remain in force for a period of three years thereafter.
Eligibility Criteria for Karma Sathi Prakalpa
Any intending or, prospective entrepreneur fulfilling the conditions below can apply. Only one member from a family shall be eligible to apply under this Scheme where “family” means parents and spouse.
- Age: Any intending or prospective entrepreneur in the age group 18 – 50 years (from the date of Notification – Dt. 9th September 2020).
- Educational Qualification: Minimum Class VIII passed. Preference will be given to intending entrepreneurs who are registered with the Employment Bank.
- Any new income-generating activity taken up for self-employment in manufacturing, services, and trading will be eligible for assistance under the scheme.
WB Karma Sathi Prakalpa Scheme 2022 Registration
When the unemployment rate in India is at an all time high of 24%, the unemployment rate in West Bengal is reduced by 40%. The youths of WB state has led the entire nation many times in the past and will continue to do so in the future. The state govt. is proud of its youth and the new generation will take Indian nation forward. The youths are talented, skillful, hardworking and their dreams of today will become a reality tomorrow.
So to get benefits of WB Karma Sathi Prakalpa Scheme, any applicant will have to apply online at karmasathi.wb.gov.in. Only those applicants who completes the Karma Sathi Prakalpa Scheme registration process will get scheme benefits.
Karma Sathi Prakalpa Application Form PDF
- Then WB Karma Sathi Prakalpa application form PDF will open.
- Fill up and submit it to concerned authorities to get approval for incentives under WB Karma Sathi Prakalpa Scheme.
List of Documents to Apply Online for Karma Sathi Prakalpa
The following documents are important in order to apply online for the West Bengal Self Employment Loan Scheme:-
- Voter ID card
- aadhar card
- passport size photograph
- Address proof
- educational certificate
All these documents are essential as the details are required to be entered at the WB Karma Sathi Prakalpa portal and complete the application process.
Features & Major Benefits of WB Karma Sathi Prakalpa Scheme
As announced by the CM Mamata Banerjee, the state govt. will provide soft loans and subsidies to jobless youth. In this scheme, any unemployed youth can get self employment loans upto Rs. 2,00,000. Through these loans and subsidy, the young generation of West Bengal will be able to gain some employment opportunities based on their interest and desire.
The main aim is to create an environment of jobs for the unemployed youth and to turn them from job seekers to job creators. Young jobless candidates can even start their own business with the money received as loan or subsidy. The concerned authorities of the government. of WB state will appreciate and support the youths.
Incentives under WB Karma Sathi Prokolpo Scheme
CM mentioned that around Rs. 2 lakh loans would be provided every year as incentives under WB Karma Sathi Prakalpa Scheme. Around 1 lakh beneficiaries would be selected from the implementation process of the Karma Sathi Prakolpo Scheme. CM Mamata Banerjee has allocated Rs. 500 crore for the implementation of the scheme. The scheme is a great initiative for the youth of the West Bengal State.
Need for Karma Sathi Prakalpa Yojana
It is of common concern that the youths are finding it difficult to find a job to sustain their life. So, the govt. has announced WB Karma Sathi Prakalpa Scheme and govt. will share important details about the scheme soon. Here we have shared eligibility criteria, the application process and all of the other details which are essential in knowing about the Karma Sathi Prakolpo Scheme. The official notification and implementation process of the scheme would be released soon.
In order to figure out the unemployment statistic of the West Bengal, the state govt. has launched this self employment loan scheme. Various incentives will be provided to the young generation of WB state who is not able to gain employment opportunities.