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West Bengal

Karma Sathi Prakalpa

Employment
Entrepreneur
Loan
Subsidy
West Bengal
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The Government of West Bengal has taken remarkable initiatives in employment generation for the promising youth by 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.
Objectives:
  1. To facilitate intending or prospective entrepreneurs of the state in setting up new manufacturing enterprises and small businesses, including services and trading.
  2. To create gainful self-employment opportunities in both rural and urban areas of the state.
  3. This scheme aims to provide financial assistance and help passionate and prospective young entrepreneurs to start their own businesses as self-employed youth who will become employers in the future and generate more employment.
  4. Under the scheme, soft loans and subsidies will be provided for taking up any new income-generating project in the manufacturing, service, and trading/business sectors up to ₹2,00,000/-.
  5. The Karma Sathi loan will be provided by the State-owned Cooperative Bank on soft terms.
  6. The scheme will commence from the date of the Gazette Notification and shall remain in force for a period of three years thereafter.
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