What you get
Subsidy: | - Beneficiaries can get 50% of the unit cost of new handloom/equipment/machinery. | Disbursement of Subsidy: | - 50% after initial verification and the remaining 50% after confirming the purchase of equipment. | NOTE: The remaining 50% can be financed by the beneficiary from a financial institution/bank loan or through the beneficiary's own capital.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the Kaimagga Vikasa Yojana?
It is a scheme by the Karnataka Government to support handloom weavers by providing subsidies for purchasing new handlooms and equipment.
Who is eligible for this scheme?
Eligibility includes weavers who are members of Handloom Weaver Cooperative Societies, Handloom Associations, Karnataka Development Corporation, or individual weavers.
What is the subsidy amount provided under this scheme?
The scheme provides a subsidy of 50% of the unit cost for new handlooms and necessary equipment.
Can new weavers apply for this scheme?
Yes, new weavers who have completed handloom weaving training under any government scheme can apply.
Is there any age limit for applying to this scheme?
There is no specific age limit mentioned; however, young men and women entering the weaving profession can apply.
What kind of equipment can be purchased under this scheme?
Equipment such as handlooms, electronic jacquards, pre-loom facilities like knotting machines, and warping machines are covered under the scheme.
How is the subsidy disbursed to the beneficiaries?
The subsidy is disbursed in two installments: 50% after initial verification and the remaining 50% after confirming the purchase of equipment.
What is the role of district-level officials in this scheme?
District-level officials are responsible for identifying eligible beneficiaries, scrutinizing applications, and ensuring proper disbursement of subsidies.
Can beneficiaries receive additional loans under this scheme?
Yes, beneficiaries can avail themselves of loans under the Weavers Credit Card Scheme for additional working capital.
What should be done if the equipment is damaged after purchase?
Beneficiaries should report any damage to the district-level officers, who will provide further guidance based on the scheme rules.