schemes-from-karnataka-schemes

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[schemes-from-karnataka-schemes]

Essential Schemes for Taxi Drivers and Gig Workers

Introduction Taxi drivers and gig workers play a vital role in our modern economy, providing essential services and convenience to people across the globe. However, their work often comes with financial uncertainties and challenges. To address these issues, various governments and organizations have introduced essential schemes to support and protect these workers. In this article, we will explore some of the key schemes designed to assist taxi drivers and gig workers.

Karnataka Driver Scheme The major reason the Karnataka government agencies responsible for the scheme launched it was to provide financial assistance to those most negatively impacted by COVID-19 and the nation's lockdown situation. The Chief Minister of the state of Karnataka has made it plain that in order to aid all of the struggling farmers during this time of hardship, we must pay fair and reasonable prices for their produce in order to enable them to live joyfully and without financial stress.

Swawalambi Sarathi Scheme The Swawalambi Sarathi scheme was launched by the Karnataka government to reduce the state's unemployment rate. The state government will provide financial assistance to the program's recipients through this initiative so they can buy vehicles and expand their companies. Their income will rise as a result, and the young people will be motivated to take advantage of the program.

Airavata Scheme This program aims to help rural youth become self-employed through successful cab transport businesses like Radio Taxi and corporate aggregators like OLA and UBER.To promote stable and improved livelihoods, rural youngsters from SC/ST communities would get training, mentoring, and other financial aid. A subsidy of Rs. 5,00,000 would be provided to the beneficiary in order for them to acquire a light motor vehicle, which not only helps them create income but also lessens their EMI burden.

Gig worker's insurance Scheme The Karnataka government has declared that it will fully pay the cost of the annual premium for gig workers who are eligible for a free accidental and life insurance cover worth Rs. 4 lakh.

Shramashakti scheme Under this program, religious minority community business owners will receive training in artistic and technical skills as well as a loan of Rs. 50,000 with a 4% interest rate, to be paid back over 36 installments, in order to develop their traditional skills, maintain their current businesses, start new ones, or improve their existing ones. The remaining 50% of the loan would be regarded as a back-end subsidy if the beneficiary repays 50% of it within 36 months. 50% of the backend subsidy will be regarded as a loan if the beneficiary does not pay it back within 36 months.

Udyogini Scheme For their care and growth, the Indian government and women entrepreneurs created the Udyogini initiative. The Udyogini Yojana is in place thanks to the Women Development Corporation of India. By providing women with financial assistance for establishing a business, this initiative promotes and supports women's entrepreneurship among the impoverished.