Sant Ravidas Swarojgar Yojana is a self-employment scheme launched by the Government of Madhya Pradesh on 16 February 2022 that provides bank loans from Rs. 1 lakh to Rs. 50 lakh to Scheduled Caste applicants aged 18 to 45 years for setting up manufacturing, service, or retail enterprises, along with a 5% annual interest subsidy for up to 7 years. Apply at samast.mponline.gov.in.
Madhya Pradesh Sant Ravidas Swarojgar Yojana Highlights | |
|---|---|
| Scheme Name | Sant Ravidas Swarojgar Yojana |
| Launch Date | 16 February 2022 |
| Nodal Department | Scheduled Caste Welfare Department, Government of Madhya Pradesh |
| Implementing Agency | District Antyavasayi Cooperative Development Committee |
| Target Beneficiaries | Scheduled Caste (SC) applicants of Madhya Pradesh |
| Age Limit | 18 to 45 years |
| Minimum Qualification | Class 8 pass |
| Loan for Manufacturing Units | Rs. 1 lakh to Rs. 50 lakh |
| Loan for Service and Retail Units | Rs. 1 lakh to Rs. 25 lakh |
| Interest Subsidy | 5% per annum for up to 7 years |
| Bank Guarantee Fee | Borne by the Government for up to 7 years |
| Entrepreneurship Training | 12-day online training module |
| Enterprises Covered | New enterprises only |
| Scheme Benefit Per Applicant | Only once |
| Application Mode | Online only |
| Official Application Portal | samast.mponline.gov.in |
Introduction of Madhya Pradesh Sant Ravidas Swarojgar Yojana: A Brief Insight
Many talented young men and women from Scheduled Caste communities in Madhya Pradesh have the skills and the drive to start their own business, but lack the capital to take the first step. Banks often hesitate to give loans without strong collateral, and the dream of self-employment stays out of reach. To break this barrier and create genuine economic opportunities for SC entrepreneurs, the Government of Madhya Pradesh launched the Sant Ravidas Swarojgar Yojana on Sant Ravidas Jayanti on 16 February 2022.
The Scheduled Caste Welfare Department, Government of Madhya Pradesh, implements the scheme through the District Antyavasayi Cooperative Development Committee. Applications are submitted online through the official SAMAST Portal at samast.mponline.gov.in, the single-window system for all bank-financed government schemes in Madhya Pradesh.
Under the Sant Ravidas Swarojgar Yojana of the Madhya Pradesh Government, eligible SC applicants aged 18 to 45 years can avail bank loans from Rs. 1 lakh to Rs. 50 lakh for manufacturing and industrial units, and from Rs. 1 lakh to Rs. 25 lakh for service and retail trade enterprises. The government provides a 5% annual interest subsidy on the loan for up to 7 years and also bears the bank loan guarantee fee for the same period. The scheme covers new enterprises only. Along with financial support, beneficiaries receive a 12-day online entrepreneurship development training to help them successfully establish and run their business.
After applying on the SAMAST Portal, the district authority verifies eligibility and forwards the application to the bank for loan appraisal. The bank evaluates the project report and sanctions the loan based on business viability. The interest subsidy continues for 7 years, subject to regular and timely loan repayment.
SC applicants in Madhya Pradesh who want additional financial support for starting or expanding their business can also explore the Pradhan Mantri Mudra Yojana (PMMY), which provides collateral-free business loans to micro and small entrepreneurs. Those planning to establish a larger manufacturing, service, or trading enterprise may check the Prime Minister’s Employment Generation Programme (PMEGP), which provides bank-linked loans along with government subsidy for setting up new self-employment ventures. Candidates looking for more entrepreneurship and self-employment opportunities can also explore various schemes available under the Madhya Pradesh Government.
Scheduled Caste entrepreneurs and anyone looking for more self-employment and welfare schemes available under the Madhya Pradesh Government can explore all available programmes on our Madhya Pradesh Government Welfare Schemes page.
Benefits Provided to Eligible Beneficiaries
The Scheduled Caste Welfare Department, Government of Madhya Pradesh, provides the following financial benefits to eligible SC applicants under the Sant Ravidas Swarojgar Yojana through bank-financed loans and government support:
Loan Assistance
| Project Type | Loan Amount |
|---|---|
| Manufacturing and Industrial Units | Rs. 1 lakh to Rs. 50 lakh |
| Service and Retail Trade Units | Rs. 1 lakh to Rs. 25 lakh |
Interest Subsidy
- 5% per annum interest subsidy on Term Loan and Working Capital Loan
- Subsidy available for a maximum period of 7 years, including the moratorium period
- Subsidy provided on the condition of regular loan repayment as per the prescribed schedule
- Subsidy may stop in case of loan default or irregular repayment
Bank Guarantee Fee
- The government bears the bank loan guarantee fee at the prevailing rate
- Guarantee fee support available for a maximum period of 7 years
Entrepreneurship Training
- 12-day entrepreneurship development training provided through an online training module
- Training helps beneficiaries develop business management and entrepreneurship skills before starting their enterprise
Eligibility Conditions Required to be Fulfilled
The Scheduled Caste Welfare Department, Government of Madhya Pradesh, has defined the following eligibility conditions for the Sant Ravidas Swarojgar Yojana. Applicants must fulfil all conditions before applying through the SAMAST Portal:
- The applicant must belong to the Scheduled Caste (SC) category
- The applicant must be a permanent resident of Madhya Pradesh
- The age of the applicant must be between 18 and 45 years
- The applicant must have passed a minimum of Class 8
- The applicant must not be a defaulter of any bank, financial institution, or cooperative bank
- The benefit under this scheme is available only once per applicant
- The scheme covers new enterprises only – existing businesses are not eligible
- The applicant must not have received benefits under any other government self-employment scheme
Who Is Not Eligible
- Applicants who do not belong to the Scheduled Caste category
- Non-residents of Madhya Pradesh
- Applicants below 18 years or above 45 years of age
- Applicants who are bank defaulters
- Applicants who have already received benefits under any government self-employment scheme
- Applicants seeking a loan for an existing business rather than a new enterprise
Documents Required to be Attached
Scheduled Caste applicants must submit the following documents while applying for the Sant Ravidas Swarojgar Yojana through the SAMAST Portal. Keep all documents ready before starting the online application:
- Permanent Caste Certificate confirming the Scheduled Caste category
- Minimum Class 8 pass marksheet as educational qualification proof
- Aadhaar Card of the applicant
- PAN Card of the applicant
- Domicile or Residence Certificate confirming permanent residency in Madhya Pradesh
- Samagra ID
- Bank passbook with account number and IFSC code
- Project report or business proposal describing the proposed self-employment venture
- Passport size photograph of the applicant
How Beneficiaries Can Apply to Avail the Benefit of this Scheme
Sant Ravidas Swarojgar Yojana accepts applications through the SAMAST Portal, the Government of Madhya Pradesh’s unified platform for self-employment and entrepreneurship schemes. Applicants should prepare all required documents before beginning the online application process, including their permanent Scheduled Caste certificate, Aadhaar Card, PAN Card, Samagra ID, bank account details, educational qualification certificate, and a detailed project report. The project report is one of the most important documents because it helps the bank assess the feasibility and sustainability of the proposed enterprise.
Step 1: Visit the SAMAST Portal and create a user profile if you have not registered earlier. Complete Aadhaar-based e-KYC verification using the OTP sent to your Aadhaar-linked mobile number.
Step 2: After successful registration, access your dashboard and locate Sant Ravidas Swarojgar Yojana from the list of available schemes. Read the scheme details carefully and proceed to the online application form.
Step 3: Enter your personal and residential information, including your name, date of birth, district, address, Aadhaar number, Samagra ID, and contact details. Ensure that all information matches your supporting documents.
Step 4: Provide details of your Scheduled Caste category and educational qualification. Applicants must satisfy the minimum educational requirement prescribed under the scheme. Select the bank through which you wish to obtain financial assistance.
Step 5: Present your business proposal by describing the enterprise you intend to establish. Clearly mention whether the project relates to manufacturing, service activities, or retail trade, along with the estimated project cost, expected income generation, and utilisation plan for the loan amount.
Step 6: Upload all supporting documents, including the caste certificate, Class 8 pass certificate, Aadhaar Card, PAN Card, domicile certificate, Samagra ID, bank passbook, project report, and passport-size photograph. Verify that all uploaded documents are complete and clearly visible.
Step 7: Carefully review every section of the application before submission. Check the loan requirement, business proposal details, bank information, and uploaded documents. Submit the application and save the acknowledgement number for future reference.
Step 8: The concerned district-level authority examines the application, verifies the applicant’s eligibility, and evaluates the proposed enterprise. After verification, the application is forwarded to the selected bank for financial appraisal.
Step 9: The bank assesses the commercial viability of the project, repayment potential, and supporting documents before taking a loan sanction decision. Applicants whose proposals receive approval must complete the mandatory 12-day online Entrepreneurship Development Training Programme prescribed under the scheme.
Step 10: Once the loan is disbursed, eligible beneficiaries receive the benefit of a 5% annual interest subsidy for a maximum period of seven years, subject to regular repayment of loan instalments. Timely repayment helps beneficiaries continue receiving the subsidy benefit throughout the eligible period.
Important: Sant Ravidas Swarojgar Yojana supports only new self-employment ventures. Existing businesses cannot receive assistance under the scheme. A beneficiary can avail the scheme benefit only once. Applicants who need assistance may contact the District Antyavasayi Cooperative Development Committee office or their nearest MPOnline centre. For the latest updates and operational guidelines, visit samast.mponline.gov.in.
What Businesses Can Be Started Under Sant Ravidas Swarojgar Yojana
Many SC applicants are unsure which type of business qualifies for a loan under this scheme. The table below lists common business examples under each category to help applicants decide which project suits them best:
| Manufacturing Units (Up to Rs. 50 lakh) | Service Units (Up to Rs. 25 lakh) | Retail Trade Units (Up to Rs. 25 lakh) |
|---|---|---|
| Food processing unit | Computer centre | Grocery store |
| Engineering workshop | Mobile and electronics repair shop | Retail outlet |
| Fabrication unit | Electrical repair centre | Trading business |
| Garment manufacturing unit | Automobile repair shop | Stationery shop |
| Furniture manufacturing | Consultancy service | General merchandise shop |
| Printing unit | Tailoring and embroidery centre | Medical store |
Important: The scheme covers only new enterprises. Applicants must prepare a detailed project report clearly describing their chosen business, estimated cost, and expected income before applying on the SAMAST Portal. The bank evaluates project viability before sanctioning the loan – a well-prepared project report significantly improves the chances of loan approval.
Important Links Available
- SAMAST Portal – Apply for Sant Ravidas Swarojgar Yojana
- Sant Ravidas Swarojgar Yojana – Mera Yuva MP Official Page
Contact Details in Case of Help Needed
- Office: District Antyavasayi Cooperative Development Committee, Room No. 121 and 122, Collectorate Office, concerned district, Madhya Pradesh
Important: For scheme-related queries, application assistance, and loan processing details, contact your nearest District Antyavasayi Cooperative Development Committee office at the Collectorate during working hours. You can also visit the nearest MPOnline centre for help with the online application process at samast.mponline.gov.in.
Frequently Asked Questions (FAQs)
Q. What is Sant Ravidas Swarojgar Yojana?
Ans. Sant Ravidas Swarojgar Yojana is a self-employment promotion scheme launched by the Government of Madhya Pradesh on Sant Ravidas Jayanti on 16 February 2022. It provides bank-financed loans to Scheduled Caste youth and entrepreneurs to establish manufacturing units, service enterprises, and retail businesses, along with 5% annual interest subsidy support and bank guarantee fee coverage for up to 7 years.
Q. Who can apply under this scheme?
Ans. Scheduled Caste applicants aged between 18 and 45 years who are permanent residents of Madhya Pradesh, have passed a minimum of Class 8, are not bank defaulters, and have not previously received benefits under any government self-employment scheme can apply.
Q. What is the maximum loan amount under the scheme?
Ans. For manufacturing and industrial projects, loans from Rs. 1 lakh to Rs. 50 lakh is available. For service and retail trade projects, loans from Rs. 1 lakh to Rs. 25 lakh are available. Only new enterprises are covered – existing businesses are not eligible.
Q. How much loan is available for manufacturing projects?
Ans. Manufacturing and industrial unit projects are eligible for bank loans ranging from Rs. 1 lakh to Rs. 50 lakh under this scheme. Examples include food processing units, engineering workshops, fabrication businesses, and other industrial enterprises.
Q. How much loan is available for service and retail businesses?
Ans. Service and retail trade projects are eligible for bank loans ranging from Rs. 1 lakh to Rs. 25 lakh. Examples include computer centres, repair shops, retail outlets, consultancy services, and other service-based enterprises.
Q. What is the interest subsidy under the scheme?
Ans. The Government of Madhya Pradesh provides a 5% per annum interest subsidy on Term Loan and Working Capital Loan for a maximum period of 7 years, including the moratorium period. The subsidy is provided on the condition of regular loan repayment as per the prescribed schedule. The subsidy stops if the beneficiary defaults on loan repayment.
Q. How does the 5% interest subsidy work?
Ans. The government does not pay the subsidy up front. After the bank disburses the loan, the government bears 5% of the annual interest burden on behalf of the beneficiary for up to 7 years. The beneficiary pays the remaining interest to the bank. If the beneficiary misses loan repayments or defaults, the interest subsidy stops. Regular and timely repayment is essential to continue receiving the subsidy benefit throughout the 7 years.
Q. What is the age limit for this scheme?
Ans. The applicant must be between 18 years and 45 years of age at the time of application.
Q. Is a Class 8 pass qualification mandatory?
Ans. Yes. The applicant must have passed a minimum of Class 8 to be eligible for the scheme. The Class 8 pass marksheet is a mandatory document at the time of application.
Q. Can women apply under this scheme?
Ans. Yes. The scheme is open to both men and women belonging to the Scheduled Caste category. Women SC applicants who meet all eligibility conditions can apply for loans under both the manufacturing and service categories.
Q. How can I apply for this scheme?
Ans. Applications are accepted online only through the SAMAST Portal at samast.mponline.gov.in. Register on the portal, complete e-KYC, select Sant Ravidas Swarojgar Yojana, fill in all details, upload the required documents, and submit the application. You can also visit the nearest MPOnline centre for assistance.
Q. What documents are required to apply?
Ans. Required documents include a permanent caste certificate, Class 8 pass marksheet, Aadhaar card, PAN card, domicile certificate, Samagra ID, bank passbook, project report describing the proposed business, and a passport-size photograph.
Q. What happens after submitting the application?
Ans. After submission, the district authority verifies eligibility and caste records. The verified application is forwarded to the concerned bank for loan appraisal. The bank evaluates the project report and business viability before sanctioning the loan. After loan disbursement, the 5% interest subsidy is processed for up to 7 years, subject to regular repayment.
Q. Can I avail this scheme benefit more than once?
Ans. No. The benefit under the Sant Ravidas Swarojgar Yojana is available only once per applicant. An applicant who has already received the benefit cannot apply again under this scheme.
Q. What is the 12-day entrepreneurship training under this scheme?
Ans. The scheme provides a 12-day online entrepreneurship development training module to beneficiaries. This training covers business management, financial planning, and entrepreneurship skills to help SC beneficiaries successfully establish and run their new enterprise after receiving the loan.
Tabassum is a government schemes researcher and writer with 5 years of experience tracking Central and State welfare scheme programmes across India. She has covered 500+ schemes spanning agriculture, women welfare, education, and housing, helping lakhs of beneficiaries understand their entitlements in simple language.