Livelihood Opportunity Promotion Scheme (Disabled)

DETAILS The "Livelihood Opportunity Promotion Scheme (Disabled)" scheme was launched by the Social Welfare Department, Government of Uttarakhand. It aims to empower persons with disabilities by providing financial assistance for sustainable self-employment and livelihood generation. Under this scheme, the beneficiaries are supported with a mix of grants, subsidized loans, and margin money for term loans, shop construction, and bank-linked enterprises. BENEFITS Term Loan Scheme: Project Cost: ₹75,000/- Grant: 20% or ₹10,000/-, whichever is less Term Loan: ₹65,000/- at 6% annual interest rate Shop Construction Scheme: Project Cost: ₹50,000/- Grant: 20% or ₹10,000/-, whichever is less Margin Money Loan: ₹40,000/- at 4% annual interest rate, repayable in 60 monthly installments Margin Money Loan Scheme for Bank Supported Loan: Project Cost: Up to ₹2,00,000/- Grant: 20%, maximum of ₹10,000/- Margin Money: 25% of the project cost at 4% annual interest rate, repayable in 36 monthly installments ELIGIBILITY The applicant must be a permanent resident of Uttarakhand. The applicant must possess a minimum of 40% disability. The applicant’s annual family income must not exceed ₹2,00,000 in urban areas and ₹1,60,000/- in rural areas. The applicant’s age must be between 18 and 50 years.