LIDCOM 50% Subsidy Scheme
Leather Industries Development Corporation (LIDCOM), Government of Maharashtra · Central government
LIDCOM Maharashtra offers a 50% subsidy, up to ₹10,000, on business loans for Scheduled Caste Charmakar community members.
Open, rolling. Applications are accepted continuously — there is no deadline.
Key facts
- Subsidy amount
- Up to ₹10,000
- Instrument
- Subsidy
- Deadline
- Rolling
- Disbursement
- Reimbursed after spend
About this scheme
The LIDCOM 50% Subsidy Scheme is an initiative of the Leather Industries Development Corporation (LIDCOM), a government undertaking of Maharashtra. It targets members of the Scheduled Caste Charmakar community, with a focus on economically weak individuals and those below the poverty line. The scheme aims to support educational, economic, and social advancement, helping beneficiaries gain a more secure position in society.
Funding comes entirely from the Government of Maharashtra. The subsidy lowers the cost of starting or expanding small businesses, giving beneficiaries access to capital for their ventures. This supports the creation of entrepreneurial opportunities and contributes to improving livelihoods within the Charmakar community.
Who can apply
- Eligible business forms
- Sole proprietorship
- Udyam registration
- Not specified
- MSME registration
- Not required
- DPIIT startup recognition
- Not required
- GST registration
- Not specified
- Where the business may be based
- Maharashtra
- Applicant must be an Indian citizen and a permanent resident of Maharashtra State. - Applicant's age must be between 18 and 50 years. - Applicant must belong to the Charmakar Community (including Dhor, Chambhar, Holar, Mochi, etc.). - Family annual income must not exceed ₹1,00,000. - Applicant must possess adequate knowledge of the business for which the loan is sought.
How to apply
- **Application Mode:** Applications for the LIDCOM 50% Subsidy Scheme are submitted offline. - **Form Collection:** Eligible applicants must obtain the prescribed application form from designated LIDCOM offices or district-level Charmakar community development centres in Maharashtra. - **Document Preparation:** Assemble all required supporting documents, which generally comprise proof of residence, caste certificate, age proof, income certificate, bank details, and a concise project report or business plan showing familiarity with the proposed venture. - **Submission:** Completed application forms, together with all supporting documents, must be handed over in person to the relevant LIDCOM office or authorised nodal agency. - **Verification and Processing:** LIDCOM officials will scrutinise submitted applications to confirm that all eligibility conditions are satisfied. Once verification is complete, the application moves forward for subsidy disbursement alongside the bank loan.
Frequently asked questions
Who is eligible for the LIDCOM 50% Subsidy Scheme?
The scheme is open to Indian citizens aged 18–50 who are permanent residents of Maharashtra and belong to the Charmakar community (Dhor, Chambhar, Holar, Mochi, etc.), with a family annual income not exceeding ₹1,00,000. Applicants must also show knowledge of the business for which they seek the loan.
What is the maximum subsidy amount I can receive?
The subsidy covers 50% of the loan amount, capped at ₹10,000; for instance, a ₹20,000 loan yields a ₹10,000 subsidy, while a ₹50,000 loan still receives only the ₹10,000 maximum.
Is this a loan or a grant?
The subsidy component, up to ₹10,000, is non-repayable, but the bank loan itself must be repaid with interest according to the lender's terms.
What types of businesses are supported under this scheme?
The scheme supports micro-enterprises and small businesses run by individuals from the Charmakar community, covering both traditional and contemporary ventures relevant to the community. Applicants must demonstrate knowledge of their chosen business.
Do I need to provide any co-financing?
Yes, you will be responsible for repaying the remaining 50% of the loan amount, which is financed by a bank, as the subsidy covers only half of the total. This arrangement constitutes co-financing, with the loan repayment managed by you.
Is there an age limit for applicants?
Applicants must be between 18 and 50 years of age at the time of applying.
Sectors
- Subsidy
- Microenterprise
- Scheduledcaste
- Maharashtra
- Smallbusiness
Intended beneficiaries
- Sc
Details last verified on 3 August 2026. Source: the issuer's published information.