Transgender Utthan Kosh – Self Employment Programme for Transgender

Transgender Utthan Kosh – Self Employment Programme for Transgender

The Transgender Utthan Kosh (ट्रांसजेंडर उत्थान कोष) is a pioneering initiative by the Government of Rajasthan aimed at empowering the transgender community through financial assistance for self-employment ventures. This scheme seeks to foster economic independence among transgender individuals by providing them with the necessary resources to establish their own businesses.

About the Scheme

Launched by the Social Justice and Empowerment Department of Rajasthan, the Transgender Utthan Kosh focuses on facilitating financial support for transgender persons to either start their own businesses or become self-employed. The initiative is designed to uplift the transgender community by enabling them to achieve financial stability and autonomy.

Eligible individuals can receive financial assistance amounting to ₹50,000 or 25% of the total project cost, whichever amount is lower. This scheme is structured to ensure that transgender persons aged between 21 and 50 can access loans from nationalized or cooperative banks to support their entrepreneurial endeavors. It’s important to note that the benefit can only be availed once by each transgender individual.

Benefits of the Scheme

• Financial Assistance: The scheme offers 25% of the total project cost or a maximum of ₹50,000 for self-employment or business setup.
• Loan Support: Beneficiaries are required to obtain a loan from a nationalized or cooperative bank to qualify for the financial assistance.
• One-Time Benefit: Each individual can benefit from this scheme only once, promoting sustainable self-employment.

Note: The financial grant will be disbursed post-verification of business commencement by the lending agency.

Eligibility Criteria

• The applicant must be a resident of Rajasthan.
• The applicant should identify as transgender.
• The age of the applicant must be between 21 and 50 years.
• The applicant must secure a loan from a nationalized or cooperative bank.
• The applicant’s gross annual income should not exceed ₹8,00,000.

<liEach transgender person can avail of this scheme only once.

Application Process

Apply Offline

1. The applicant needs to visit the Social Justice and Empowerment Office during official hours to request a hard copy of the application form.
2. Fill in all required fields in the application form and attach self-attested copies of all necessary documents.
3. Submit the completed form along with the documents to the Social Justice and Empowerment Office.
4. Ensure to request a receipt or acknowledgment upon submission of the application.

Note 1: Once the applicant secures a loan from a nationalized or cooperative bank, the District Magistrate will deposit the grant amount into the applicant’s loan account based on the loan approval.

Note 2: The applicant will receive the financial assistance only after starting the business and completing the physical verification by the concerned lending agency.

Official Source

For more information, visit myScheme.gov.in.