The government of West Bengal introduces a scheme Karma Sathi Prakalpa. This scheme focuses on making West Bengal’s unemployed young people self-reliant. So, a target is set to make 1 lakh unemployed young people self-sufficient each year through the Karmasathi project (karma sathi prokalpo). The project provides loans of up to Rs 2 lakh via cooperative banks that operate by the State. Also, the subsidy opportunities associated with the loan and the opportunity to repay the loan in installments.

Objectives of Karma Sathi Prakalpa Scheme 2020
  • In the new scheme “Karma Sathi Prakalpa” one jobless youth who is not paid provides loans and grants. So they can become self-sufficient.
  • Also, to help young entrepreneurs of the State in setting up new manufacturing enterprises. And small companies including services and trading.
  • To build gainful self-employment opportunities in both rural and urban areas of the State.
What are the Eligibility criteria for the Karma Sathi Prakalpa Scheme?
  • Firstly, candidates must remain permanent residents of West Bengal.
  • Secondly, only permanent candidates of West Bengal are eligible for this scheme.
  • Educational Qualification for the scheme implies minimum Class VIII qualifying. Also, the preference provides intending business people who register with the Employment Bank.
  • The loan is by the state-owned co-operative bank to support “prospective entrepreneurs”. In the age group within 18-50 years. In setting up “new manufacturing enterprises and small businesses”
What are the Documents required to apply online?

The duly filled-in application form must be submitted along with the following duly signed documents.

  • Passport Size Photo
  • Adhaar Card
  • Project report -(Finline can help you with the project report)
  • Proof of address& ID
  • 10th or 12th Market Sheet
  • Certificate of education
  • Voting ID Card
  • Copy of SC / ST / OBC / Minority / Certificate issued separately, if applicable

For more details about this scheme visit govt website 

About Finline!

Finline is an online platform for creating financial reports for getting bank loans and investments. It’s like ‘Canva’ but for financials. If you are an entrepreneur looking for a bank loan, you need to have a well-crafted project report. We, at Finline will help you with that. Our team will help you create a powerful business plan in ten minutes. That too in your language. All public and private sector banks working in India accept our project report. Click to create your report.