LIDCOM 50% Subsidy Scheme
Leather Industries Development Corporation (LIDCOM), Government of Maharashtra · Central government
LIDCOM Maharashtra's scheme funds Scheduled Caste Charmakar members with a 50% subsidy up to ₹10,000 on business loans.
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 Maharashtra government undertaking. It targets members of the Scheduled Caste Charmakar community, with a focus on economically weaker individuals and those living below the poverty line. The scheme aims to support educational, economic, and social advancement, and to help beneficiaries secure a more dignified position in society.
Funding comes entirely from the Government of Maharashtra. The subsidy lowers the capital required to start or expand small businesses, giving beneficiaries access to funds for their ventures. This approach is intended to create entrepreneurial opportunities and improve 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 of the applicant 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 under the LIDCOM 50% Subsidy Scheme are submitted offline. - **Form Collection:** Eligible applicants are required to 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 include proof of residence, caste certificate, age proof, income certificate, bank details, and a concise project report or business plan outlining the proposed venture. - **Submission:** Completed application forms, accompanied by all necessary documents, must be delivered in person to the relevant LIDCOM office or authorised nodal agency. - **Verification and Processing:** LIDCOM officials will review submitted applications to confirm that all eligibility conditions are satisfied. After verification, the application proceeds for subsidy disbursal 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 (including Dhor, Chambhar, Holar, and Mochi), with a family annual income not exceeding ₹1,00,000. Applicants must also show familiarity with 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—so 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 of 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 beyond leather industries. Applicants must demonstrate knowledge of their chosen business.
Do I need to provide any co-financing?
Yes, you will need to arrange the remaining 50% of the loan amount from a bank, as the subsidy covers only half. This means you are responsible for repaying the full loan, with the subsidy acting as co-financing.
Is there an age limit for applicants?
Applicants must be between 18 and 50 years of age when they apply.
Sectors
- Subsidy
- Microenterprise
- Scheduledcaste
- Maharashtra
- Smallbusiness
Intended beneficiaries
- Sc
Details last verified on 7 September 2026. Source: the issuer's published information.