AP Tailors Scheme 2020: YSR Navodayam Scheme Online Registration, Objectives, Eligibility & Benefits

Of the total 2.47 lakh beneficiaries, 82,347 are washermen, 38,767 are barbers and 1,25,926 are tailors. The government has followed a completely transparent procedure for the selection of beneficiaries through village and ward volunteers. Those who are eligible but couldn’t apply for the scheme can complete the application through village secretariats

• Identity Proof such as-
  • PAN
  • Aadhaar
  • Driving License
  • Voter Identity Card
• Address Proof such as-
  • Aadhar Number
  • Legal Passport
  • Utility bill
  • Property tax bill
• Below Poverty Line Certificate
• Income Certificate
• Passport size photograph
• Bank account details

• Applicants working as Barbers, Tailors, Weavers and MSMEs workers are covered under this scheme.
• The applicant must be a permanent resident of Andra Pradesh.
• The applicant must have a working Aadhaar card and bank account.
• Applicant Should belong to BC community engage in the profession of tailoring
• The beneficiaries must belong to the Below Poverty Line (BPL) population.
• To get the benefits under this scheme, the applicants need a bank account. 
• You should have a white ration card provided by the government of Andhra Pradesh

AP YSR Navodayam Scheme

The Government of AP announced the scheme of AP Tailors Scheme 2020 which is also known to be the YSR Navodayam Scheme 2020. Under this scheme, the beneficiaries are going to get an amount of Rs.10,000/. Through the implementation of the scheme, many incentives will be provided to the small and marginal businessmen. The main benefits and incentives will be provided to the businessmen undertaking the following services-

• Tailors
• Barbers
• Weavers

Assistance

The MSMEs will receive a budget of INR 400 Crore in this financial year of 2019-20 from the State Government. On the other hand, the tailors, weavers and barbers will also get the financial assistance of INR 10000/- under this scheme. MSMEs in the country contribute 8 per cent of the country’s GDP. In Andhra Pradesh, we have 1,00,629 MSMEs with an investment of Rs 30,528 crore and employing 11 lakh people. About 85,070 MSME units are eligible for the OTR that is worth of Rs 3493 crores.

Implementation of the Scheme

AP Tailors Scheme is implemented under the Andhra Pradesh State Kapu Welfare and Development Corporation. The necessary funds to operate this scheme and to meet the financial requirements on behalf of the State Government and its Agencies would also be provided in the budget allocation of the Industries and Commerce Department. In the first phase, around 3600 MSMEs will get benefited out of the total 86,000.

• The main objective under providing financial assistant for each beneficiary to help them to develop their micro, and small scale businesses.
• The aim of this is to provide financial assistance to the MSMEs. The scheme was launched on 17th October 2019. Under this scheme Rs. 3500 crore will be given to 85000 MSMEs under one-time Restructuring (OTR).

• The scheme will benefit the Micro, Small and Medium Enterprises (MSME) sectors.
• All the eligible MSME units are covered for OTR of accounts up to March 31, 2020.
• The state cabinet board has approved a proposal to provide a total of INR 10000 financial aid to weavers, barbers, and tailors.
• The Government in total will spend INR 411 crore for the benefits of the beneficiaries.
• The government will reimburse 50 per cent up to a maximum of Rs 2 lakhs of the auditor’s fee.

• The government has ordered to conduct meetings every month in the districts.
• These meetings will be conducted under the chairmanship of the district collector and includes District Coordination Committee, District Industries Promotion Committee members, and the Bankers and their co-ordination.
• The agenda of these monthly meetings is to individually identify the problems of MSMEs.
• The government will support and monitor the implementation of Reserve Bank of India’s (RBI) One Time Restructuring (OTR) of MSME loans