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Skills & Employment

Karma Sathi Prakalpa

The scheme aims to help young entrepreneurs in the state establish new manufacturing enterprises and small businesses, including those offering services and trading. The scheme offers soft loans and subsidies for new income-generating projects.

Authority

State/ UT

Region

West Bengal

Status

Verified 2026

Updated

March 2026

What you get

The scheme provides financial assistance in the form of a soft loan and subsidies for new income-generating projects in manufacturing, service, and trading/business sectors. The total financial assistance available is up to ₹2,00,000/-. | - Project Subsidy: A subsidy of 15% of the project cost is provided, with a maximum ceiling of ₹25,000/-.1. Interest Subsidy: This subsidy is paid to the entrepreneur on the annual interest they pay to the Cooperative Bank. | - 50% of the interest is subsidised for timely repayment for a maximum period of 3 years. | - 40% of the interest is subsidised for all other cases for a maximum period of 3 years. | Mode of Disbursement: | Bank Loan: The State-owned Cooperative Bank disburses 95% or 90% of the loan amount as Cash Credit in two installments. | - The first installment, which is 50% of the loan amount, is disbursed and linked to the applicant's Cash Credit Account. | - The second installment is disbursed after the bank receives a certificate confirming the utilization of the first installment. | Subsidies: | - Project Subsidy: Cooperative Banks submit claims for the project subsidy to the District MSME Facilitation Centre (MFC) on a quarterly basis. The MFC then sends a requisition to the Department, which releases the total subsidy amount to the West Bengal State Cooperative Bank Limited.- Interest Subsidy: The Chief Executive Officer of the West Bengal State Cooperative Bank submits a requisition for the interest subsidy on a half-yearly basis. The subsidy is then credited to the sanctioned and disbursed loan's Cash Credit account.- Disbursement for both subsidies happens through the portal, which is linked to the Integrated Financial Management System (IFMS). | Validity: | - The interest subsidy is provided for a maximum period of three years. If the bank agrees to a longer loan repayment period (e.g., 5 years), the government's interest subsidy will still be limited to 50% of the interest paid in the first three years.

Who can apply

**Age:** Any intending or prospective entrepreneur in the age group 18 - 50 years(from the date of notification, September 2020).- **Educational Qualification:** Minimum Class VIII passed. Preference will be given to intending entrepreneurs who are registered with the Employment Bank.- Any new income-generating activity taken up for self-employment in manufacturing, services, and trading will be eligible for assistance under the scheme.

Required Paperwork

  • Aadhaar Card
  • PAN Card
  • Income Certificate
  • Residence Proof (Domicile)

Common Questions

What is Karma Sathi Prakalpa Scheme?

The Government of West Bengal has taken remarkable initiatives in employment generation for the promising youth through opening new doors to help intending or prospective entrepreneurs and make them self-dependent, those who are interested in new ventures. | Employment generation is one of the thrust areas of the State Government and because of that Government of West Bengal has launched and announced the West Bengal Karma Sathi Prakalpa Scheme 2020.

Who are the beneficieries under the scheme?

Any intending or, prospective entrepreneur fulfilling the conditions below can apply. Only one member from a family shall be eligible to apply under this Scheme where "family" means parents and spouse. | - Age: Any intending or prospective entrepreneur in the age group 18 - 50 years(from the date of Notification - Dt. 9th September 2020). | - Educational Qualification: Minimum Class VIII passed. Preference will be given to intending entrepreneurs who are registered with the Employment Bank. | - Any new income-generating activity taken up for self-employment in manufacturing, services, and trading will be eligible for assistance under the scheme.

Who will register through this online system?

Any interesting resident of West Bengal with new income-generating activity taken up for self-employment, age between 18-50 and class VII pass as minimum educational qualification can register through this online portal.

Is there any age criteria?

Yes, any intending or prospective entrepreneur in the age group 18 - 50 years. (from the date of Notification - Dt. 9th September 2020).

What are mandatory information required to fill up during form submission? Or Documents required.

The following information are required to fill up during form submission- Applicant Full Name, Father's / Mother's / Guardian's Name, Applicant Date of Birth, Gender, Full Address for communication and project location, Education Qualification, Applicant Category (SC/ST/PHC/OBC/Minority/General), Project Name, Project Cost, Co-operative Bank Name & Address. Supporting Documents Required to upload for application form submission - Proof of Photo identity of the applicant, Proof of Residence, Educational Qualification Certificate, Detailed Project Report, Recent Passport Size Photograph and Applicant Signature.

Is there any requirement for the submission of fees for online registration?

No, there is no requirement for the submission of fees for online registration.

How to check the status of the Submitted Application?

After successfully logged in, the Applicant can see a link "Details" on the Dashboard of the scheme portal. Click on the "Details" link. An applicant can view the application status after successful submission of online application form.

Can the user apply with more than one application with the same user login credential in this portal?

No, there is no provision to apply more than one application with the same user login credential in this portal.