Financial Assistance for Project Affected Families of Himachal Pradesh

In order to financially aid the Project Affected Families (PAF) as well as Project Affected Persons (PAP), the state government of Himachal Pradesh provides a Scheme for Providing Assistance to Project Affected Families for Self Employment.

Objectives:

The basic agenda of this scheme is to-

• Assist families those were previously self-employed but due to HPPCL (Himachal Pradesh Power Corporation Limited) projects whose occupation or income has been adversely affected.
• Provide assistance for alternative employment including self-employment to PFs and PAPs.
• Motivate and assist the families for starting their own business as well as providing employment to others.

Strategy:

The 2 aspects of this scheme are-

• Orientation and Training
• Setting up and running the micro enterprise/business venture

Financial benefits:

• To set up micro enterprises/business units, a beneficiary is eligible for a financial assistance of ₹ 50,000/-.
• In case of a partnership firm or business venture, the financial assistance gets multiplied according to the beneficiaries. For e.g.- if a joint application consists of 4 applicant, then each one of them will receive an assistance of ₹ 50,000/-. So, it comes as ₹ 2 lakh assistance (4x ₹ 50,000)= ₹ 2 lakh.
• Usually, this assistance is given in 3 to 4 installments but, in exceptional cases, it is given in 1 or 2 installments.
• Generally, the given subsidy is not more than 25% of the total project cost.
• Apart from the basic fiscal incentive of ₹ 50,000/-, cost of training as well as workshops, seminars or training camps related travel expenses etc are also provided in addition by HPPCL.

Eligibility criteria:

• A beneficiary has to be from a PAF.
• Should be of 18 years of age.
• No family member of the beneficiary should be a regular employee of HPPCL.
• The beneficiary should be recommended by the head of his/her family.
• The assistance is provided for only once to one member per household.
• Should possess minimum suitable qualification to run the business venture. 

How to avail?

You can get the Application Form from the project site office/Public Information Centre (PIC)/R&R Corporate Office.

For more information visit HPPCL website