Scheme for Financial Assistance for Skill and Entrepreneurial Development

Procedure for Obtaining Financial Assistance -

• The training proposal is to be submitted to National Handicapped Finance and Development Corporation by the State Channelising Agency/Bank implementing NHFDC schemes; wherever, such agencies sponsor the training.
• Reputed National/State level training organizations may also directly approach NHFDC with their training proposal.
• The training proposal is to be prepared in accordance with the guidelines for the preparation of a training proposal under the scheme. 

Eligibility -

The beneficiaries should be in the age group of 15-50 years and fulfill the other eligibility criteria for availing loan from NHFDC. 

Amount of Grant -

i) 100% of the total recurring cost of the training programme is provided by NHFDC.

ii) Stipend - The recurring training cost shall include a stipend of Rs. 500/- per week per trainee i.e Rs 2000/- per month to the trainee to cover the cost of transportation and other incidental expenses. The training institute/SCA shall release the stipend in favour of the trainee through A/c payee cheque only.