The Kalaignar Kaivinai Thittam scheme was recently launched in Tamil Nadu. The Kalaignar Kaivinai Thittam aims to assist artisans and craftspersons aged 35 and above with relevant experience by providing loan assistance of up to ₹3 lakh, along with a 25% subsidy capped at ₹50,000. Subsidy is granted after completing skill and entrepreneurship training and is proportional to loan tranches. Loans have a 90% credit guarantee cover and 5% interest subvention reimbursement. The scheme targets new or diversified activities, not business expansions, and has no income ceiling. Applicants must not have received a subsidy exceeding ₹1.5 lakh from Tamil Nadu schemes in the past five years.
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