If you’re looking to start or expand your business, there’s great news! The Central and Uttar Pradesh governments are offering loans of up to ₹2 crore through the ‘One District, One Product’ (ODOP) scheme.
This initiative supports local industries, crafts, and businesses by focusing on unique products from each district. The aim is to promote local entrepreneurship and boost economic growth.
Easy Loan Access for Small Business Owners
Under the ODOP scheme, small business owners can easily access loans of up to ₹2 crore.
The scheme also includes a subsidy component, making it more affordable to start a business and helping entrepreneurs get the financial support they need.
Financial Benefits of the ODOP Scheme
Loan Amount: Up to ₹2 crore
Subsidy: ₹20 lakh to support small businesses
Special Focus: Unique products from each district
For instance, Mathura Deputy Commissioner (Industry) Ramendra Kumar highlights that this scheme is highly beneficial for those aiming to start their own business. It is designed to promote local industries by providing easy access to funds.
How to Apply for the ODOP Scheme
- Register on the ODOP Portal: First, visit the official portal of the Uttar Pradesh government’s ODOP initiative: ODOP Portal.
- Submit Application: After registering online, submit a hard copy of your application to the concerned office.
- Documents Required: You’ll need to provide documents such as your Aadhaar card, PAN card, and a detailed project report.
- Verification Process: After submitting your application, the authorities will conduct a survey and verification before processing the loan.
For more information or to apply, visit the ODOP website.
