Virasat - A Credit Scheme for Craftpersons
Posted 01/04/2023
| Description | The purpose of this scheme is to help Artisians and Craftpersons in meeting their working capital (making products as per the demand in the market) and fixed capital requirement (machineries, equipments and tools). |
| Provider Type Central Govt / State Govt / Private Sector | The National Minorities Development & Finance Corporation (NMDFC) |
| Provider Name | Ministry of minority affairs |
| Amount | NA |
| Grant Conditions & Qualifying Criteria | As per the National Commission of Minorities Act, 1992, Artisians in the notified Minorities are Muslims, Christians, Sikhs, Buddhists, and Parsis. Subsequently, Jains community was also added into the list of notified Minority Communities in January, 2014. Additionally1. Artisans covered under Credit line-1 (http://nmdfc.org/Index1.aspx?lid=43&lsid=70&pid=52&lev=3&langid=1) with annual family income of Rs 81,000 in rural areas and Rs 1.03 lacs in the urban areas.2. Preference will be given to artisans participating in Hunar Haat exhibitions organised by MNDFCArtisans already sponsored under the concession credit scheme of the Government will not be eligible to again avail loan under this scheme. |
| Focus Sector (Healthcare, Defense, Agriculture, etc.) | |
| Provider Contact Email | NA |
| Provider Website URL | https://www.startupindia.gov.in/content/sih/en/government-schemes/virasat_credit_scheme_for_craftpersons.html |
| Type of funding (Grant, Loan or Equity) | Grant |
| Process | NA |
| Tips for Winning | NA |
| Provider Indian State | NA |
| Provider Contact Address | |
| Is Active | "Yes" |
| Other Details |
01/04/2023
CIIE (IIM Ahmedabad)
01/04/2023
Nasscom
01/04/2023
Scheme for Funding Industry Relevant R&D
01/04/2023