Kapu corporation loans
#1

In Apply online ,there is not mention for kapu corporation registration.
And also ,inform me last date for apply
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#2
This program is applicable to members of the Kapu Community of Andhra Pradesh who meet as a group of 3 to 5 members and wish to start a unit of MSMEs in Andhra Pradesh. 1000 units are proposed to be configured during fiscal year 2016-17 through this program. Under the program, the following financial model is proposed: 1. The cost for the proposed project will be a minimum of Rs. 2,500,000 (Twenty-five Lakh Rupees Only). 2. A grant of Rs 1,000,000 (Ten Lakh Rupees Only) will be provided by the corporation. 3. The beneficiary's contribution in terms of the money margin for the project will be a minimum of Rs. 500,000 (Rupees Five Lakh only). 4. The remaining balance required after the contribution of the subsidy and the beneficiary will be used as a loan from the Bank and will be at least equivalent to 1,000,000 rupees. (Ten Lakh Rupiah only) The corporation will propose a shelf of projects / activities, although the applicant can propose any viable project / activity and can be considered by the corporation on its merits. The government would allocate developed infrastructure for entrepreneurs in MSMEs parks throughout the state. Detailed guidelines will be issued in consultation with the Industries Department. In the case of entrepreneurs who wish to install the unit in their own land, the same will be considered.
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