Karnataka Minorities Development
Corporation Limited

Government of Karnataka


Shramashakthi Scheme 

Under this scheme, to develop the traditional skills, to continue in the same business or to start a small business or to improve their businesses, religious minority community entrepreneurs will be trained in artistic and technical skills, and provided a loan of Rs. 50,000/- with 4% rate of interest, to be paid in 36 instalments.  If the beneficiary repays 50% of the loan within 36 months, the remaining 50% of the loan would be considered a back-end subsidy.  If the beneficiary fails to repay the loan within 36 months, 50% of the backend subsidy will be considered as a loan.


(A)    Applicants must belong to the State Religious Minority Community.

(B)    The applicant must be a permanent resident of the State.

(C)    The age limit of the applicant is 18 between to 55 years.

(D)   The annual income of the family from all sources shall not exceed Rs. 6.00 lakh per annum

(E)    No member of the applicant's family shall be an employee of the State/Central/ Government PSU

(F)    The applicant should not have availed any loan from KMDC.


Documents to be submitted:

  1. Online application
  2. Beneficiary's latest 2 passport size photos
  3. Caste and income certificate
  4. Copy of Aadhaar card
  5. Project report of the business


Selection Panel

  1. Concerned MLA of the respective Assembly Constituency - Chairman
  2. Member of the Legislative Council who is permanent resident in the Taluk – Vice-Chairman.
  3. Concerned Taluk Tahsildar - Member
  4. Executive Officer of the concerned Taluk Panchayat - Member
  5. Concerned District’s Lead Bank Manager - Member
  6. Concerned District Joint Director, Commerce and Industry - Member
  7. Concerned District Deputy Directors, Women and Child Welfare Department- Member
  8. Concerned District Manager, Karnataka Minority Development Corporation- Member Secretary