{Jagananna} YSR Badugu Vikasam Scheme 2023 SC ST Entrepreneurs Application Form

Jagananna YSR Badugu Vikasam Scheme 2023 Andhra Pradesh SC-ST Entrepreneurs Support Application Form, YSR Badugu Vikasam Pathakam Benefits How to Apply Online? Documents Required

Jagananna YSR Badugu Vikasam Scheme 2020 is launched by the Andhra Pradesh government. Chief Minister YS Jagan Mohan Reddy stated that the remaining SC and ST days as workers are long gone and time is fast approaching for them to grow as industrialists. Now state tourism projects. He started a new program Jagananna YSR Badugu Vikasam in his office at the camp. In this article, we will tell you the full details of the scheme.

This program is mainly for boosting the SC and ST entrepreneurs to come up and set up new industrial units in the state. It aims at the overall development of the SC and ST category people in the state. Many schemes, initiatives, and incentives are constantly rolled out in the state for the development of SC, ST, BC, OBC category as well as economically weaker people from upper caste.

YSR Badugu Vikasam Scheme

Even in the secretariats, around 82% of the jobs were held by SC, ST, BC and minorities. AP state govt. is already implementing full fee reimbursement to help parents from falling into a debt trap. Moreover, govt. has set up a system of village, ward and volunteers to provide schemes to everyone. The main aim is to make things better for all irrespective of caste, creed, creed and political party without corruption bias.

The scheme is going to help the poor people of the state. Due to pandemic and prolonged lockdown people have lost jobs, several businesses are shut down. And that is the reason Andhra Pradesh government is trying to bring back normalcy to the state’s economy. there are several people who are in debt right now, and in such scenario this scheme will help a large section of the society.

Jagananna YSR Badugu Vikasam Scheme Benefits

1. Andhra Pradesh Government wants to encourage Scs/STs industrialist to start their own industries.
2. Under this program government were allocated 16.2% land to SCs and 6% land to STs in industrial parks.
3. Those who wants to start an industry government is going to help them by providing awareness.
4. Andhra Pradesh government has announced 2020-23 special industrial policy for SC and ST entrepreneurs.

Documents Needed

• The applicant has to submit address proof at the time of the application.
• In order to become the beneficiary the candidate has to have ID proof like Adhaar and Voter ID card.
• You need to have caste certificate and at the time of application you need to submit the proof.

Sectors Those are Eligible with Subsidy Rates

According to the official announcement, Manufacturing sector, Service sector and Transport sector are eligible to get the subsidy from the govt. The subsidy are as follows.

1. Manufacturing sector 45% subsidy on fixed capital investment (Rs. 1 Crore limit).
2. Service sector 45% subsidy on fixed capital investment (Rs. 75 Lakhs limit).
3. Transport sector.

YSR Badugu Vikasam Application Form

As it is a newly launched scheme so government has not released the application process yet; once it is declared, you will be notified. Read More please Click Here.

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