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What is the maximum loan amount that can be facilitated under the NAVAJEEVAN scheme for self-employment ventures?

ARs 25,000

BRs 50,000

CRs 75,000

DRs 1,00,000

Answer:

B. Rs 50,000

Read Explanation:

  • Implemented by - Department of Employment

  • It is aimed at supporting senior citizens aged 50-65 years to start self-employment ventures.

  • The scheme helps in the economic and social upliftment of beneficiaries.

  • 25% of the total loan amount is reserved exclusively for women.

  • The scheme facilitates bank loans up to Rs 50,000 for starting self-employment ventures, of which 25 per cent would be reimbursed as a Government subsidy, to a maximum of Rs 12,500.


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