AI SummaryDattopant Thengadi Artisan Interest Subsidy Scheme supports handloom and handicraft artisans in Gujarat with financial support of up to ₹1,00,000 for working capital or machinery. The scheme offers a margin money subsidy of 20% to 25% along with a 7% interest subsidy to help artisans grow their craft business.
Government of Gujarat runs this scheme through its Industries and Mines Department to give affordable capital to artisans in both urban and rural areas. Applications are accepted through the District Industries Centre of the concerned district, and the scheme is open for artisans of Gujarat.
Dattopant Thengadi Artisan Interest Subsidy Scheme - Introduction
Dattopant Thengadi Artisan Interest Subsidy Scheme helps handloom and handicraft artisans across Gujarat achieve financial independence. The Government of Gujarat, through its Industries and Mines Department, created this scheme to provide affordable capital to craftsmen in both urban and rural areas.
This scheme offers financial support of up to ₹1,00,000 to cover the costs of raw materials, tools, and machinery. By providing a 7% interest subsidy and additional margin money support, it helps local artisans expand their workshops. For example, a weaver looking to upgrade a loom can apply through the local District Industries Centre to benefit from this low-interest credit.
Key Information
| Scheme Name | Dattopant Thengadi Artisan Interest Subsidy Scheme |
|---|---|
| Level | State |
| Scheme For | Individual |
| Beneficiary State | Gujarat |
| Category | Business & Entrepreneurship |
| Benefit Type | Cash |
| DBT Scheme | No |
| Nodal Department | Industries and Mines Department |
Benefits
Financial Support Details
An artisan can receive a maximum loan of ₹1,00,000 to invest in machinery, equipment, or essential raw materials for the business. This financial support makes sure the artisan has the required tools to grow operations.
Margin Money Subsidy Breakdown
| Category | Subsidy Percentage |
|---|---|
| General Category (Male) | 20% |
| Reserved (SC/ST), Women, and PwD (40%+) | 25% |
The margin money subsidy is credited to the bank account after loan disbursement. This benefit is valid for a maximum loan amount of ₹1,00,000 over a three year period.
Interest Subsidy
Artisans receive a 7% interest subsidy credited to their bank account on a half-yearly basis for up to three years. The bank claims this on behalf of the artisan, so paying installments on time is required to stay eligible.
Conditions for Continued Support
If an artisan keeps a good repayment record, the benefits can be extended for a maximum of three terms upon the recommendation of the bank.
Payment Guidelines
All subsidies are processed through RTGS or e-Payment. Artisans should provide their account details, IFSC code, and Aadhaar number to their bank to make sure transfers happen smoothly.
Eligibility
To qualify for this support, an artisan should meet the following criteria:
- Must be at least 18 years old and a skilled artisan in the field of handloom or handicraft.
- Must be registered as an artisan with the Indext-C of the Cottage and Rural Industries Department.
- Must hold a valid Identity Card issued by the Development Commissioner (Handloom/Handicraft) or Indext-C, or a Provisional Certificate from the General Manager of the District Industries Centre.
- Artisans with disabilities, including blind individuals, are encouraged to apply.
Application Process
STEP 1 - Download the prescribed application form from the official portal of the Commissioner of Cottage and Rural Industries.
STEP 2 - Fill out two copies of the form with personal and business details, and affix two passport-sized photographs on each copy.
STEP 3 - Attach all required documents with certified copies and submit the completed application to the District Industries Centre of the concerned district.
After Submission
Once the application is approved, the selected bank sanctions and disburses the loan. The bank then submits the subsidy claims to the government so the credits reach the artisan account. An on-site visit may be conducted to verify that the loan has been used for the intended purpose.
Documents
Following documents are required with the application:
- Two passport-sized photographs.
- Certified copy of Voter ID or Aadhaar Card.
- Certified copy of Artisan Identity Card or Provisional Certificate.
- Proof of birth (Birth Certificate or School Leaving Certificate).
- Price quotation for the equipment or tools to be purchased (including TIN/VAT number).
- Business location proof (such as a rent agreement or property tax receipt).
- Electricity authority letter, if the business uses electricity.
- Certified copy of Ration Card.
For subsidy claims, the following are needed:
- Loan account details and branch IFSC/TAN numbers.
- Bank account details and Aadhaar number.
- Required forms: Annexure A (Bank Certificate) and Annexure B (Subsidy Claim Form).
References
Official Guidelines | Application Form (PDF) | Bank Certificate Format | Interest Subsidy Form
FAQ's
What is the minimum age to apply?
An applicant must be at least 18 years of age.
Do I need an official artisan ID card?
Yes, an ID from the Development Commissioner or Indext-C is needed. If an artisan lacks one, a Provisional Certificate from the District Industries Centre works too.
Can I apply if I live in a rural area?
Yes, artisans from both urban and rural areas in Gujarat are eligible.
Are there specific artistic skills required?
Yes, an applicant must be skilled in handloom or handicraft work.
Is there an income limit for this scheme?
No, there are no specific income criteria for this scheme.
What happens if I use the loan for other purposes?
The loan must be used only for the approved business purpose. If the funds are misused, the full amount including government support must be repaid immediately.