Amma Two Wheeler Scheme for Working Women in Tamilnadu
Tamilnadu Government announced Amma Two Wheeler Scheme for Working Women, this scheme is to empower working women by enabling them to purchase women friendly two wheelers to ease their commute to their enterprises, places of employment, engagements with banks and community based institutions. Ease of use is a key consideration and therefore the vehicle is gearless / auto-geared.
This Scheme is also applicable to Differently Abled may avail retro-fitted three wheeler scooters. As per the source, each year one lakh working women will be benefited through this scheme. The Scheme will be in operation from 2017-18 onwards.
A maximum subsidy of 50% of the cost of the two wheeler or Rs.25,000/, whichever is less, will be provided.
This scheme will be applicable for All Rural and Urban areas of Tamil Nadu
50 % Subsidy :
A beneficiary under this scheme will be provided with a maximum subsidy of 50% of the cost of the vehicle or Rs.25,000, whichever is less, to purchase a brand new motorized gearless / auto-geared two wheeler whose engine capacity should not exceed 125cc. The balance cost, over and above the subsidy amount, has to be borne by the beneficiary through a bank/institutional loan or through her own funds.
Loan Facilities :
The beneficiary can buy the vehicle of her choice from her own funds or by availing loans from Banks/Non-Banking Finance Companies (NBFCs) governed by the rules of the Reserve Bank of India (RBI). Reimbursement of subsidy to the beneficiary will be permitted in case the vehicle is purchased from her own funds, subject to the fulfillment of the other conditions specified for eligibility.
Choice of vehicle :
The beneficiary can choose any brand new motorized gearless/auto-geared vehicle of their choice subject to the maximum engine capacity of 125cc and which is eligible to be registered under the Motor Vehicles Act of 1988. The vehicle should have been manufactured on after 01.01.2018 and comply with the latest emission norms. Details of all the vehicles provided under this scheme will be collated/gathered by the Project Director (PD), Tamilnadu State Rural Livelihoods Mission (TNSRLM) of the respective District and shared with the Transport department who shall not permit change in registration of ownership due to sale or other considerations without the prior permission of the PD, TNSRLM for a period of 3 years.
Source : Gschemes.com