West Bengal Karma Sathi Prakalpa Scheme
Objective
The primary goal is to transform “job seekers” into “job creators.” The state government provides soft loans and subsidies to help young entrepreneurs set up new manufacturing, service, or trading/business enterprises.
Key Benefits & Financial Assistance
- Maximum Loan Amount: Up to ₹2,00,000/- per beneficiary.
- Project Subsidy: The government provides a subsidy of 15% of the total project cost, with a maximum limit of ₹25,000/-.
- Interest Subsidy:
- 50% Subsidy on interest for timely repayments (for up to 3 years).
- 40% Subsidy on interest for all other cases (for up to 3 years).
- Loan Source: Loans are provided by State-owned Cooperative Banks on soft terms.
| Feature | Importance |
|---|---|
| Pension | Your pension and gratuity are calculated solely based on the entries in this book. Any missing entry can delay your retirement benefits. |
| Promotions | It confirms your eligibility for Career Advancement Schemes (CAS) and departmental promotions. |
| Legal Proof | In case of any dispute regarding seniority or pay scales, the Service Book serves as the final authority. |
| Annual Increments | Verification of service is required to sanction your yearly pay increments. |
Eligibility Criteria
- Residency: Must be a permanent resident of West Bengal.
- Age Limit: Between 18 and 50 years (at the time of notification in Sept 2020).
- Educational Qualification: Minimum Class VIII (8th) pass.
- Employment Bank: Preference is given to those registered with the West Bengal Employment Bank.
- Family Rule: Only one member from a family (parents and spouse) can apply.
- Project Type: Must be a new income-generating activity in manufacturing, service, or trading sectors.
How to Apply
1. Online Application
- Visit the official portal (usually linked through wbmsme.gov.in).
- Register as a New User and log in.
- Fill in the application details and upload the required documents.
2. Offline Application
The application form is available for free at:
- Block Development Office (BDO) for rural areas.
- Sub-Divisional Office (SDO) for municipal areas.
- Kolkata Municipal Corporation (KMC) for KMC areas.
- MSME Facilitation Centre (MFC) in each district.
Documents Required
- Passport-size photograph.
- Proof of Age (Birth Certificate/Aadhaar/School Certificate).
- Residential Proof (Voter ID/Aadhaar/Ration Card).
- Educational Qualification certificate.
- Detailed Project Report (DPR) outlining the business plan.
- Caste Certificate (if applicable).
- Employment Bank Registration Certificate (if available).