Adivasi Mahila Sashaktikaran Yojana (AMSY)

The Adivasi Mahila Sashaktikaran Yojana (AMSY) is a loan scheme launched by the Ministry of Tribal Affairs to empower tribal women in India. It provides financial assistance at concessional rates to help them start income-generating activities.

What is the AMSY?

The AMSY is a loan scheme designed to support tribal women (Adivasi Mahila) in India by providing them with financial aid to initiate income-generating activities.

Key Objectives of the AMSY

· Enhance Tribal Women's Livelihood: Empower tribal women by enabling financial independence through income-generating activities.

· Education and Economic Participation: Provide better educational opportunities and encourage participation in the national economic development process.

· Employment and Family Support: Extend employment opportunities for tribal women to support themselves and their families.

· Community Development: Bridge infrastructural gaps by supporting education, employment, skill development, and basic necessities within the communities.

· Cultural Preservation: Support tribal women in protecting their traditions and cultural heritage.

Eligibility Criteria for the AMSY

· Tribal Community Membership: The applicant must belong to a Scheduled Tribe community.

· Annual Income Limit: The applicant's family's annual income should not exceed Rs. 98,000 (rural) or Rs. 1,20,000 (urban).

· Age Requirement: Applicants above 18 years old are eligible.

Benefits of the AMSY

· Subsidized Loans: Get loans up to Rs. 2 lakh at an interest rate of 4% per annum.

· No Margin Required: No mandatory margin contribution is required for the loan.

· Income Generation: Start or expand income-generating activities to achieve financial independence.

· Empowerment: Gain skills and confidence to participate actively in the economy.

How to Apply for the AMSY?

1. Contact State Channelising Agency (SCA): Approach the district office of the State Channelising Agency (SCA) of NSTFDC for guidance and application forms.

2. Udyami Helpline: For any queries related to the AMSY scheme, you can call the Udyami Helpline at 1800-180-6763 (toll-free).

Documents Required for Application

· Proof of Business: Udyam Registration, Business Plan.

· Proof of Identity: Aadhar Card, Voter ID, Pan Card, Driving License (any one).

· Proof of Residence: Aadhar Card, Voter ID (any one).

· Proof of Caste: Caste Certificate.

· Filled Scheme Application Form: Completed application form.

FAQs About the AMSY

1. Who is eligible for the AMSY loan?
Tribal women above 18 years old belonging to a Scheduled Tribe community with a family income within the specified limits.

2. What is the maximum loan amount under AMSY?
Rs. 2 lakh.

3. What is the interest rate on the AMSY loan?
4% per annum.

4. How to apply for the AMSY loan?
Contact the district office of the State Channelising Agency (SCA) of NSTFDC.

Why Should You Apply for the AMSY?

The AMSY offers a unique opportunity for tribal women to gain financial independence and contribute to their families' well-being. By providing subsidized loans and removing the barrier of margin contribution, the scheme empowers women to take charge of their economic lives and actively participate in the development process.

Conclusion

The Adivasi Mahila Sashaktikaran Yojana (AMSY) is a commendable initiative by the Government of India to bridge the economic gap and empower tribal women in India. By offering financial support and promoting income generation, the AMSY paves the way for a brighter future for tribal communities.