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Skills & EmploymentState/ UT Level

Chanakya Swayam Upadhi Scheme for Micro Entrepreneurship - Transport Operator

The "Chanakya Swayam Upadhi Scheme for Micro Entrepreneurship - Transport Operator" provides subsidies for the purchase of Four-wheelers to unemployed youth for their livelihood. This scheme is applicable for economically weak Brahmins of Andhra Pradesh, who want to settle as transport operators.

Authority

State/ UT

Region

Andhra Pradesh

Status

Active / Open

Updated

Recently Verified

What are the Benefits?

Following are the subsidy/funding patterns: | S. No.ParticularsTaxi (Swift Dezire Tour) in ₹ PetrolDezire Tour S(O) CNG BS – VI in ₹ CNG & Petrol1Approximate Unit (Vehicle) Cost ₹7,25,000/-₹8,25,000/-2Corporation’s backend subsidy (25% of the vehicle cost)Not more than ₹2,00,000/-Not more than ₹2,00,000/-3Beneficiary Contribution (min. of 10% of the vehicle cost)₹72,500/-₹82,500/-4Loan from AP Brahmin Cooperative Credit Society repayable in monthly installments as per the ABC-CS guidelines)Initially ₹6,25,500/- will be provided as a term loan and a 25% subsidy will be released on clearing of ₹4,52,500/- loan amount together with the interest to the society. Initially ₹7,42,500/- will be provided as a term loan and a 25% subsidy will be released on clearing of ₹5,42,500/- loan amount together with the interest to the society.

Who is Eligible?

The applicant should belong to the Brahmin Community and reside in Andhra Pradesh only.; The applicant should be a member of the AP Brahmin Welfare Cooperative Credit Society.; The applicant should be aged between 21 to 50 years as of 01.04.2022.; The applicant should have passed the 10th class.; The present annual income of the applicant and his family from all sources should not exceed ₹1,00,000/-; The applicant should not possess any three/four-wheeler in his/her name.; The applicant should possess a valid permanent driving license as of the date of application.; The applicant should have a valid badge No./valid proof of identity as driver proof as of the date of the application.; The applicant should not have availed himself/herself of any financial assistance under other government schemes/programs for the same purpose.; The applicant and his/ her family members who have availed financial assistance under Chanakya Swayam Upadhi Schemes earlier from AP Brahmin Welfare Corporation are not eligible under this scheme.

Required Documents

Aadhaar Card
PAN Card
Income Certificate
Residence Proof (Domicile)

Common Questions

Who is eligible to apply for CS-METO?

Economically weak Brahmin youth residing in Andhra Pradesh.

How much subsidy is provided by APBWC?

25% of the vehicle cost, up to Rs. 2,00,000.

What are the vehicle options available under CS-METO?

Swift Dezire Tour (Petrol) and Swift Dezire Tour S(O) CNG (BS-VI).

What is the minimum beneficiary contribution?

The minimum contribution a 10% of the vehicle cost.

Can a beneficiary already owning a vehicle apply?

No, they should not own any three or four-wheeler.

How are applications processed?

Applications are scrutinized by the Andhra Pradesh Brahmin Welfare Corporation (APBWC) and forwarded to the AP Brahmin Co-operative Credit Society (ABC-CS) for further processing.

What role does AP Brahmin Co-operative Credit Society play in the scheme?

It provides loans to beneficiaries and manages subsidy disbursement.

What happens after loan clearance?

ABC-CS transfers the backend subsidy amount to the beneficiary.

How is the subsidy funded?

From dividends/interest on share capital received by the Society.

How many districts are covered under CS-METO?

All 26 districts of Andhra Pradesh.

Can family members of previous beneficiaries apply?

No, only one economic support scheme per family is allowed.