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Guideline For BEST Scheme

1) The Brahmin Entrepreneurship Development of Telangana (BEST) scheme provides financial assistance to young Brahmin entrepreneurs in Telangana. 2) Eligible applicants must be from BPL families with annual income less than Rs. 2 lakhs in urban areas or Rs. 1.5 lakhs in rural areas. They must be between 21-55 years old. 3) The scheme provides subsidies of 80%, 70%, or 60% of the unit cost depending on the cost, with a maximum subsidy of Rs. 5 lakhs. Preference is given to proposals with smaller unit costs.

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Prithvi Raj
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236 views3 pages

Guideline For BEST Scheme

1) The Brahmin Entrepreneurship Development of Telangana (BEST) scheme provides financial assistance to young Brahmin entrepreneurs in Telangana. 2) Eligible applicants must be from BPL families with annual income less than Rs. 2 lakhs in urban areas or Rs. 1.5 lakhs in rural areas. They must be between 21-55 years old. 3) The scheme provides subsidies of 80%, 70%, or 60% of the unit cost depending on the cost, with a maximum subsidy of Rs. 5 lakhs. Preference is given to proposals with smaller unit costs.

Uploaded by

Prithvi Raj
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© © All Rights Reserved
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Telangana Brahmin Samkshema Parishad

Brahmin Entrepreneurship Development of Telangana (BEST)

Objective:

To provide financial assistance to young entrepreneurs of Brahmin


community.

Eligibility, Subsidy Amount, Selection Process, Disbursement of Subsidy:

The eligibility and other criteria shall be as prescribed by the Government


in BC Welfare Department to similar scheme in the following G.O.s guidelines.

As referred in Letter No.118/Cabinet/A2/2018, dated 18/07/2018,


1) G.O.Ms.No.13 BC Welfare (B) Department, dated. 20.01.2015
2) G.O.Rt.No.50 BC Welfare (B) department, dated 09-03-2018

Salient Features:

1) Subsidy Amount:
a) As per G.O.Rt.No.50 BC Welfare (B) department, dated 09-03-2018 and as
per Letter No.118/Cabinet/A2/2018, dated 18/07/2018 the subsidy
amount is fixed as follows.

Subsidy Bank loan / others


80% (for unit cost upto Rs. 1.00 Lakh) Balance as bank loan /
individual contribution.
70% (for unit cost upto Rs. 2.00 Lakh)
60% (Limited to Rs.5.00 Lakhs for unit cost
from Rs.2.01 Lakh upto Rs.12.00 Lakhs,
with the stipulation that, the unit cost
should not exceed Rs.12.00 Lakhs)

b) The objective of the scheme is to help the poorest of the poor among
Telangana Brahmin Community. Preference will be given for selection of
small unit costs to cover maximum number of beneficiaries.

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2) Selection Process:
The committee with serving officers from relevant department and
Administrator of the Parishad as Member Convener will be constituted for
the scrutiny of the application and selection of the beneficiaries. Scrutiny
will be made about the reasonableness of unit cost.
3) Eligibility Criteria for the beneficiaries:
a) Applicants should be from family belonging to BPL category i.e., Rs.2.00
Lakhs per annum in urban areas and Rs.1.50 Lakh per annum in rural
areas. (As per Letter No.118/Cabinet/A2/2018, dated 18/07/2018)
b) The applicant in proof of BPL category, shall submit appropriate proof
preferably Food Security Card obtained from Civil Supplies Department,
Government of Telangana and Meeseva Income Certificate.

c) Age 21 to 55 years which is relaxable for up to 60 years for agriculture and


allied sectors. There will not be any age limit for the group activities.

d) The applicant should produce Caste, Income and Nativity / Residence


certificates issued by Government of Telangana at the time of selection
itself.

e) Employees and students are not eligible for financial assistance under this
scheme.

f) Activities under agriculture, industries, small businesses, service,


transport sectors etc., will be provided with this financial assistance.

g) As is the practice in other departments, only new Enterprises and Micro


Enterprises will be supported.

h) The applicants shall submit the project report and the details of
expenditure to be incurred out of subsidy amount for launching the
project. A brief write-up covering applicants profile, project scope and cost,
expected revenues and profits.

i) The subsidy will be transferred to the Bank account.

4) Preference shall be given to:

i) Candidate with higher qualification or requisite qualification required for


skill.

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ii) Candidates who are trained under any skill improvement programme of
the Government or Welfare Corporation either in the current year or
earlier.

iii)Beneficiaries who are availing the economic support scheme for the first
time.

5) 33.33% women beneficiaries should be covered in the above scheme at the


District level at the time grounding of units.

6) Only one economic support scheme shall be granted to one family as defined
in the food security card by the Government of Telangana.

7) The project / activity of the applicant should be technically feasible and


financially viable. He / she can choose the project / activity as per the list
enclosed.

The applicant should upload the scanned copies (in .pdf format maximum of
250kb size each) of the following documents

Applicant’s Photo (.jpg format)


Proposed enterprise photo (.jpg format)
Caste Certificate from Meeseva
Income Certificate from Meeseva
Certificate of Education Qualification
Applicant Aadhar Card
Project Profile
How to Apply:

Visit the website www.brahminparishad.telangana.gov.in

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