3.3.7. Specific Schemes for Other Backward Classes

New Swarnima Special Scheme for Women

Under the scheme women are given loan to make their financial condition strong by finding some source of employment in the form of any small scale business. The objective of this

scheme is to inculcate the spirit of self-dependence among the eligible Women of Backward Classes living below double the poverty line. The salient features of the "New Swarnima” are:

♤ Maximum Loan limit is Rs. 1,00,000/- per beneficiary and interest will be charged@5% p.a.

♤ The beneficiary woman is not required to invest any amount of her own on the projects.