IMSUPY

The Indira Mahila Shakti Udyam Protsahan Yojana (IMSUPY) is an initiative by the Government of Rajasthan aimed at empowering women by providing financial assistance to establish their own enterprises. Below are the key details of the scheme:

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Benefits

  • Financial Assistance: Women entrepreneurs can avail loans up to ₹50 lakh. For Self-Help Groups (SHGs) operating as clusters or federations, the loan amount can extend up to ₹1 crore.
  • Subsidy Provision: A subsidy ranging from 25% to 30% is provided on the loan amount, reducing the financial burden on the beneficiaries.

Eligibility Criteria

  • Age Requirement: Applicants must be at least 18 years old.
  • Residency: The scheme is exclusively for women who are permanent residents of Rajasthan.
  • Applicant Type: Individual women entrepreneurs and Self-Help Groups (SHGs) are eligible to apply.

Conditions

  • Loan Utilization: The loan amount must be utilized for establishing or expanding enterprises within Rajasthan.
  • Repayment Terms: Beneficiaries are required to adhere to the repayment schedule as stipulated by the financing institution.
  • Documentation: Applicants must provide necessary documents, including proof of residence, identity proof, and detailed project reports outlining the proposed enterprise.

Application Process

  • Online Registration: Applicants need to register through the Rajasthan Single Sign-On (SSO) portal at https://sso.rajasthan.gov.in.
  • Application Form Submission: After registration, fill out the IMSUPY application form available on the portal, providing all required details and uploading necessary documents.
  • Verification Process: Submitted applications and documents will undergo verification by the concerned authorities.
  • Approval and Disbursement: Upon successful verification, the loan amount, along with the applicable subsidy, will be sanctioned and disbursed to the beneficiary's account.