- Older people can find work themselves
- The government will provide loans with subsidy
- The loan will be Rs 50,000
No job during the Kovid era? Self-employed loan for seniors through labor exchange. The loan will be provided under the Navajeevan scheme. Candidates must be registered with the Labor Exchange.
The annual income limit should not exceed Rs. 1 lakh. The loan amount is up to Rs 50,000. 25% of the loan is subsidized. For more information, please contact the Employment Office.
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Assistance will be provided through District Cooperative Banks, Scheduled Banks, KSFE and other financial institutions. Priority will be given to individual companies that help you find your own income, even if you are registered with the Employment Exchange.
The grant amounts to 25 percent of the bank loan, up to a maximum of Rs 12,500. Applications must be submitted through employment offices. With this financial aid scheme, a turnkey store or grocery store can be started.