AI SummaryMinistry of Social Justice and Empowerment has launched Green Business Scheme 2026 for Safai Karamcharis, Scavengers, and their dependents. This scheme gives loans at low interest rates to help them start eco-friendly businesses. People can get loans up to Rs 30 lakh for buying E-rickshaws, solar gadgets, or setting up poly houses.
The scheme is run by National Safai Karamcharis Finance and Development Corporation (NSKFDC). It helps people start businesses that are good for the environment while earning a steady income. Whether someone wants to buy a battery-operated E-rickshaw or set up a poly house for farming, this scheme gives the money help they need.
For example, if Ravi, a Safai Karamchari, wants to buy an E-rickshaw to increase his monthly earnings, he can apply for this loan. He will need to give 10% of the unit cost as his share, and the scheme covers the remaining amount as a loan.
Green Business Scheme Details
Benefits
This scheme offers need-based loans with low interest rates. After accounting for available subsidies and the 10% promoter contribution, NSKFDC gives the remaining balance as a loan.
Interest Rate Structure:
| Loan Amount | Interest per Annum (SCA/CA) | Interest per Annum (Beneficiary) |
|---|---|---|
| Up to Rs 7.50 Lakh | 2% | 4% |
| Above Rs 7.50 Lakh - Rs 15.00 Lakh | 3% | 6% |
| Above Rs 15.00 Lakh - Rs 30.00 Lakh | 4% | 7% |
Female eligible people get a 1% rebate on the interest. The loan must be repaid in quarterly installments over a maximum of 10 years, which includes a 6 month moratorium period.
Eligibility
Safai Karamcharis, Scavengers, and their dependents can apply for this scheme.
Required Documents
Keep these documents ready when applying:
- Aadhaar Card - for identity proof
- Driving License - another valid ID proof
- Bank Account Details - for getting the loan amount
- Caste Certificate - to prove eligibility as Safai Karamchari or Scavenger
- Income Certificate - to show family income status
- Domicile Certificate - to prove residence
How to Apply
People can apply through offline and online methods.
Offline Application
Visit the local District Offices of State Channelizing Agencies (SCAs), Regional Rural Banks (RRBs), or Nationalized Banks. These offices will check the project proposal and forward the application to NSKFDC with their recommendations.
Online Application
STEP 1 - Go to the official NSKFDC website.
STEP 2 - Click on the 'How to Apply' section on the homepage.
STEP 3 - Select the 'Loan Application Form' and fill in all required details.
STEP 4 - Click on 'Save' to submit the application form.
| Detail | Information |
|---|---|
| Scheme Name | Green Business Scheme |
| Launched By | Ministry of Social Justice and Empowerment |
| Beneficiaries | Safai Karamcharis, Scavengers and their dependents |
| Benefit Amount | Up to Rs 30 Lakh (90% of unit cost) |
| Application Mode | Online and Offline |
| Official Website | nskfdc.nic.in |
References
FAQ's
What is the interest rate offered by this scheme?
The interest rate is as low as 2% per annum for the agency, with an effective rate for eligible people starting at 4%. The rate depends on the loan amount.
What is the maximum loan amount?
People can get loans up to Rs 30 lakh depending on their project needs. The scheme gives 90% of the unit cost as loan.
What is the repayment period?
The loan must be repaid within 10 years, which includes a 6 month moratorium period to help people get started.
What activities are covered?
The loan can be used for climate-friendly projects like buying battery-electric vehicles (E-rickshaws), compressed air vehicles, solar energy gadgets, or building poly houses.
Is there any benefit for women?
Yes, female eligible people get a 1% rebate on the interest rate.