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Samiridhi Scheme for SC/ST Students for Setting Start-Ups (2023)

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All India Council for Technical Education (AICTE) invites online applications from AICTE-approved institutes / Universities / Departments eligible for assistance under the following schemes of quality improvement during the academic year 2022-23.

Employment has become increasingly poor these days, especially for freshers. They do have a degree in the end, but many students still remain jobless. Some of the students either end up having a low-paying job or a business.

That is why it is mandatory to have the provision of business and enterprise opportunities for SC/ST students. The Samridhi scheme has thus been introduced to encourage financially backward students to make the future bright and full of opportunities.

The primary aim of the Samiridhi scheme for SC/ST students for setting up start-ups is to be a helping hand to those SC/ST students who are jobless. Under this scheme, the students will learn many things such as designing their business, launching their enterprise, running it successfully, and further support with respect to business.

This scheme will also provide them with a variety of training to start up their own business and enterprise. This scheme will be provided to the students who are either studying or passed out from their colleges.

Samiridhi Scheme

Samiridhi Scheme Details:

Organization:All India Council for Technical Education (AICTE)
Scheme Name:Samiridhi Scheme for SC/ST Students for Setting Start-Ups
Website:https://www.aicte-india.org
Applying Mode:Online
Last Date:N/A

Eligibility Criteria:

  • Applicant must be in SC/ST caste.
  • The candidate should be studying/passed out from an AICTE-approved institute or university.
  • There should be a better incubation center in the institute or university.
  • The institute or university should at least be in existence for a minimum of 5 years.
  • There should be a minimum of 50 minimum candidates under the SC/ST category of caste.
  • Applicant must be there at the Institute for the past 3 years.
  • Institutions or universities should be following the guidelines of the scheduled caste sub-plan or tribal sub-plan of the Indian government.

Eligible and Not Eligible Institutes:

AICTE Approved Courses:

Engineering, MCA, Architecture, Management (MBA/PGDM), Pharmacy, Hotel Management & Catering Technologies, Applied Arts & Crafts. AICTE approved Diploma / Post Diploma / Degree / Post Graduate Degree / Post Graduate Diploma Level Courses.

Not Eligible Institutes:

Institutes / Deemed Universities / State Universities / Constituent Colleges of Universities not approved by AICTE.

Funding Limit:

The policy states that there would be an amount of 20 lakh rupees maximum to be given to the respective institute or university. About 1 lakh will be granted on a per-year basis.

Fund Disbursement:

The release of this funding should take place at the awarding time of this scholarship scheme.

Methodology and Processing:

  • There should be a proposal for this scholarship scheme by the institute or the university. The committee of experts will be taking care of the assessment of the proposal.
  • The experts should be having at least an associate professor rank in their profession.
  • There should be at least 3 such associate professors for assessing the scheme proposal.

Duration:

According to this scholarship scheme, the program duration should be at least 2 years.

Terms and Conditions:

  • The amount would be no more than 20 lakhs for financial assistance.
  • The total number of startups for SC/ST students would be 9 maximum.
  • Those students should have their registration done.
  • According to this scheme, the seed money should be provided further to the students belonging to the SC/ST caste and they should be passed out/still studying.
  • After the students have completed their education at an institute or university, they should be able to jump-start their business. For this reason, they should be given proper training, workshop, development sessions, and support from a recognized institute or university.
  • There should be a feedback system should be there for students after each program from every individual SC/ST student.
  • Applicants who are getting the benefit of the startup scheme under other GOI or AICTE schemes are too eligible for this scheme.

How to Apply for Samiridhi Scheme Online?

Interested and eligible students may visit the official website www.aicte-india.org to apply for the Samiridhi scheme for SC/ST students for setting up start-ups online.

Important links:

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Schemes

Atal Pension Yojana (APY) For Unorganised Sector [2024]

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Atal Pension Yojana
Atal Pension Yojana for Unorganised Sector

The Atal Pension Yojana (APY) is a government-backed pension scheme designed for workers in the unorganized sector who lack statutory pension plans. The scheme, launched in 2015, encourages people to save for their retirement and provides financial stability in old age. It offers a guaranteed pension, tax benefits, death benefits, and an exit option, making it an attractive option for those in the informal sector.

Atal Pension Yojana Eligibility, and Benefits:

  • The Atal Pension Yojana is a pension scheme for employees in the unorganized sector who do not have statutory pension plans.
  • The scheme is open to Indian citizens between 18 and 40 years old who have a savings account and an Aadhaar card.
  • APY offers a guaranteed pension of Rs.1,000-5,000 per month from age 60, based on the contributor’s monthly payment.
  • The scheme provides death benefits, where the spouse receives the pension, and the nominee gets the corpus if both subscriber and spouse pass away.
  • There is an option for early exit after 10 years with accumulated corpus and interest.
  • APY is also available to private sector employees, and contributions can be made through automatic debit from the linked bank account.
  • Failure to contribute regularly results in penalties, ranging from Re. 1 to Rs. 10 per month, depending on the contribution amount.

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Namo Drone Didi Yojana Provides 15,000 Women-led Self Help Groups (SHGs)

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Namo Drone Didi Yojana

Namo Drone Didi Yojana, launched by the Government of India, aims to empower rural women by providing them with agricultural drones and the necessary training to operate them. This initiative under the Sashakt Nari Viksit Bharat program seeks to modernize agricultural practices, increase productivity, and contribute to the new agricultural revolution in India. The scheme focuses on enhancing the financial autonomy and economic empowerment of women, especially those from lower economic groups, through the use of drone technology.

  • Objective:
  • Help rural women by giving them agricultural drones and training.
  • Update farming methods to boost productivity.
  • The Namo Drone Didi scheme provides 15,000 women-led Self Help Groups (SHGs) with agricultural drones and training to perform tasks such as crop monitoring, fertilizer spraying, and seed sowing.
  • The scheme is a collaborative effort involving the Ministry of Agriculture and Farmers Welfare, Rural Development, and the Department of Fertilizers to ensure holistic interventions and efficient implementation.
  • The selection of eligible SHGs and feasible clusters is based on criteria to maximize the impact of the scheme, with financial assistance and loans provided to the SHGs for drone purchases.
  • Lead Fertilizer Companies act as intermediaries, procuring drones and transferring ownership to the SHGs, while also promoting the use of Nano Fertilizers.
  • Drone technology is transforming the Indian agriculture sector, enabling precision agriculture, resource optimization, and improved efficiency and safety for farmers.
  • The integration of drones in agriculture represents a significant step towards a more sustainable, efficient, and data-driven agricultural future in India.
  • Prime Minister Narendra Modi has interacted with the Namo Drone Didis and distributed drones to 1,000 beneficiaries.

Beneficiaries:

  • 15,000 women-led Self Help Groups (SHGs).
  • Only SHGs women from lower economic groups can participate.

Activities Covered:

  • Crop monitoring.
  • Fertilizer spraying.
  • Seed sowing.
  • Other crucial agricultural tasks

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Schemes

PM-Surya Ghar: Muft Bijli Yojana 2024 – Sustainable Energy to Every Household

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PM Surya Ghar Muft Bijli Yojana

In order to further sustainable development and people’s well-being the PM Surya Ghar: Muft Bijli Yojana, aims to light up 1 crore households by providing up to 300 units of free electricity every month.

The Government of India launched the PM Surya Ghar: Muft Bijli Yojana (Prime Minister’s Solar Home: Free Electricity Scheme) on February 13, 2024. The objective of this scheme is to install rooftop solar power plants in one crore (10 million) households across the country. The total financial outlay for this initiative is Rs. 75,021 crore (approximately $10.3 billion).

The PM Surya Ghar: Muft Bijli Yojana is a significant step towards the Government of India’s goal of promoting renewable energy and reducing the country’s reliance on fossil fuels. By installing rooftop solar plants in one crore households, the scheme aims to increase the adoption of clean energy and improve the energy access for millions of people across India.

The scheme is designed to provide free electricity to the beneficiary households, making it accessible and affordable for a large section of the population. The scheme would be implemented through the National Portal https://pmsuryaghar.gov.in. The subsidy/CFA under the PM Surya Ghar: Muft Bijli Yojana would be applicable to all applications submitted on the portal on or after 13-02-2024.

Objective of PM – Surya Ghar Muft Bijli Yojana:

Goal: Get 1 crore (100 million) homes to use solar power on their roofs.

Help: Provide free or low-cost electricity to 1 crore (100 million) homes, up to 300 units of electricity per month, by installing solar panels on their roofs.

Electricity Generation: The installed solar power will produce 1,000 billion units of renewable electricity. This will help reduce 720 million tons of carbon dioxide (a harmful gas) over the 25-year lifetime of the solar projects.

Building the Solar Ecosystem: Develop everything needed to make solar power work, like new laws, factories to make solar parts, a network of suppliers, and places to maintain and repair the solar systems.

Benefits: Boost the local economy, create more jobs, and make the country’s energy supply more secure.

How to Apply for PM – Surya Ghar Muft Bijli Yojana?

Online Applications may be submitted on the National Portal at
https://pmsuryaghar.gov.in.

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