Karnataka Namo Stree Yojana 2023: Registration | Application Process

Karnataka Namo Stree Yojana 2023 Online Registration | Karnataka Namo Stree Yojana Application Process | Karnataka Namo Stree Yojana Form PDF

In this post, we will discuss the Karnataka Namo Stree Yojana, a women empowerment initiative introduced by the Karnataka government in 2023. The initiative aims to empower women in the state by offering financial aid and other tools to help them launch their own companies. This Yojana is named after Prime Minister Narendra Modi, sometimes known as “NaMo.” The initiative is part of the wider NaMo Bharat Abhiyan, which aspires to make India self-sufficient and affluent. In this article, we will provide you with all the important detailed information which includes, eligibility criteria, benefits, features, registration procedure, and many more.

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Karnataka Namo Stree Yojana 2023

The Karnataka Namo Stree Yojana 2023 is a new welfare plan introduced by the Karnataka government with the goal of empowering women in the state. The initiative is named after India’s current Prime Minister, Narendra Modi, and the word “Stree” means “women” in Hindi. The initiative is intended to help women entrepreneurs develop and grow their enterprises by providing financial aid and support. It also aims to increase female labor-force participation and promote gender equality in the state. this yojana is a key project that aims to empower women and make them self-sufficient, therefore contributing to the state’s overall growth.

Karnataka Namo Stree Yojana

Overview Details of Karnataka Namo Stree Yojana 2023

Name of the YojanaKarnataka Namo Sthree Yojana  
Introduced byChief Minister Basavaraj Bommai
Introduced onInternational Women’s Day
ObjectiveTo encourage women’s self-help groups (SHGs).
BudgetRs. 500 crore
Official Website

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Objective of Karnataka Namo Stree Yojana

To empower women in Karnataka by providing financial support through this yojana, fostering socioeconomic growth, and assuring active involvement in the state’s advancement. The program’s goal is to give inexpensive loans to women entrepreneurs and self-help organizations in order to encourage them to create enterprises and earn revenue. The goal is to foster economic independence for women while also encouraging gender equality and women’s empowerment in the state.

Benefits and Features of Karnataka Namo Stree Yojana

  • Women’s welfare schemes, such as the Karnataka Namo Stree Yojana 2023, can assist women in becoming self-sufficient and financially independent. This can lead to increased empowerment, allowing people to make choices and decisions that are beneficial to themselves and their families.
  • Such programs can help women enhance their financial stability and security by offering financial support and subsidies. This can help people manage their spending more effectively and save money for the future.
  • Women’s health programs can assist to enhance their general health and well-being. Women may benefit from increased productivity and quality of life as a result of this.
  • Poverty alleviation programs may assist in lifting families out of poverty, increasing their standard of life, and eliminating social inequality.
  • Under this plan, qualifying women would get up to Rs. 25,000 in financial aid to start their own enterprises. The support will be in the form of a loan that may be repaid over a two-year period.
  • The initiative also intends to give women entrepreneurs with training and skill development to help them establish and operate their firms successfully.
  • Women must be between the ages of 18 and 45 and have finished at least Class 8 schooling to be eligible for the scheme. They should also be Karnataka citizens from rural regions.
  • The plan will be conducted by the Government of Karnataka’s Department of Women and Child Development. The department will identify qualified individuals and give them the help and support they require.
  • In addition to financial aid, the plan provides access to market connections, support for technology adoption, and two years of hand-holding support.

Eligibility Criteria

  • Applicant must be a Karnataka resident.
  • The candidate must be a female entrepreneur who owns and runs a business in the state.
  • The company must register with the Department of Industry and Commerce.
  • Applicant’s company must have been in existence for at least a year.
  • The applicant’s company must not engage in any unlawful or immoral activities.
  • The applicant’s company should not have fallen behind on any loans or payments to financial institutions.
  • Applicant’s company should have a minimum annual revenue of Rs. 10 lakhs.
  • The applicant must have a current bank account in her name.
  • The applicant must not have used any other government program for the same reason.
  • Candidate must be between the ages of 18 and 55.
  • The candidate must have a strong credit history and have never been declared bankrupt.

Required Documents List

  • Aadhaar Card
  • Domicile Certificate
  • Income Certificate
  • Bank Account Details
  • Passport Size Photograph
  • Mobile Number
  • Gender Certificate
  • Educational Qualification Certificate
  • Marital Status Certificate
  • Self-declaration form

Registration Procedure Under Karnataka Namo Stree Yojana 2023

  • Visit the official website of the Karnataka State Government.
  • Look for the Karnataka Namo Stree Yojana 2023 page and click on it.
  • Once you are on the scheme’s page, look for the “Register Now” button and click on it.
  • Fill in the registration form with all the required details such as your name, age, address, Aadhaar number, contact number, bank account details, and other necessary information.
  • Upload the required documents such as your Aadhaar card, bank passbook, and other necessary documents.
  • After filling in all the required details, double-check them for accuracy and click on the “Submit” button.
  • Once you submit the registration form, a confirmation message will be displayed on the screen, and you will receive an SMS/email confirming your registration.
  • Your application will now be reviewed by the Karnataka State Government officials, and if your application is approved, you will be notified through SMS or email.
  • Once your application is approved, the benefits of the scheme will be transferred to your bank account.

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