Entrepreneurship Development and Communication Skills

7.1.1.11. Special Concessions to Scheduled Caste and Scheduled Tribe Entrepreneurs

As per current provisions,  SC/ST entrepreneurs need not pay 25% of the margin money requirements. They have to pay just 10% as margin money for availing the financial assistance. There is also reduction in the rate of interest to the extent of 1.5% provided the units are started in the notified backward areas.