The objective of the scheme is to encourage unemployed person to take up self-employment ventures through industry, service and business, by providing soft loans to meet part of the margin money to avail institutional finance.
Scope of the scheme:
As per Govt. G.R. dated 18 May 2007, the Govt. of Maharashtra has made the following changes in the earlier Seed Money Scheme:
The repayment of loan starts after three years in four yearly installments. However for vehicle cases repayment starts after six months of loan availment.
Local unemployed person or group of persons fulfilling:
The statement showing outlay and expenditure since 2011-12 upto 2014-15 under Revised Seed Money Scheme is as shown below (₹ in Lakhs):
General | |||||
Year | Target | Provision | Expenditure | Target | Achievement |
2011-12 | 871.20 | 871.20 | 896.45 | 1452 | 1257 |
2012-13 | 345.56 | 833.00 | 996.39 | 1388 | 1430 |
2013-14 | 985.57 | 985.57 | 989.99 | 1643 | 1356 |
2014-15 | 875.50 | 1109.25 | 1111.50 | 1852 | 1249 |
SCP | |||||
Year | Target | Provision | Expenditure | Target | Achievement |
2011-12 | 258.40 | 258.40 | 232.56 | 431 | 370 |
2012-13 | 445.50 | 445.50 | 384.24 | 1000 | 515 |
2013-14 | 386.04 | 386.04 | 381.14 | 643 | 499 |
2014-15 | 470.50 | 470.50 | 433.94 | 786 | 505 |
Tribal Sub-plan (TSP) | |||||
Year | Target | Provision | Expenditure | Target | Achievement |
2011-12 | 24.10 | 24.10 | 20.35 | 41 | 58 |
2012-13 | 22.70 | 22.70 | 19.15 | 39 | 52 |
2013-14 | 24.15 | 24.15 | 18.58 | 41 | 66 |
2014-15 | 26.26 | 26.26 | 18.19 | 44 | 55 |
Other Tribal Sub-plan (OTSP) | |||||
Year | Target | Provision | Expenditure | Target | Achievement |
2011-12 | 15.25 | 15.25 | 12.61 | 27 | 49 |
2012-13 | 12.10 | 11.50 | 10.49 | 21 | 31 |
2013-14 | 15.70 | 15.70 | 15.70 | 28 | 35 |
2014-15 | 17.04 | 17.04 | 9.34 | 29 | 26 |
GR's and Notifications | |
GR Seed Money Scheme 2007 - 18.05.2007 | View Details |
GR Seed Money Scheme 2003 - 15.09.2003 | View Details |
GR Seed Money Scheme 1993 - 30.09.1993 | View Details |