Shahari Waqf Sampatti Vikas Yojana(SWSVY)
With a view to improving the financial position of the auqaf and the Waqf Boards and to enable them to enlarge the area of their welfare work, this yojana has been formulated with a view to protect vacant Waqf land from encorachers and to develop economically viable projects on these properties for generating more income and/or to which welfare activities. Under the yojana, interest free loan is advanced to various Waqf Boards and Waqf institutions in the country for construction of economically viable buildings on the Waqf land, such as commercial complex, marriage halls, hospitals, cold storage etc.
Beneficiary:
Minority Community
Benefits:
Minority Community
How To Apply
Every SWB or Mutawalli of a waqf requiring an interest free loan shall submit the proposal in the prescribed application form . ewe will also develop a Web Portal containing details of not only process of submission of online applications but also indicating details relating to status of processing of applications, details of project sanctioned, funds released, target date of completion, monitoring of project by Project Development Committee, physical progress of the project along with site photos/video from the inspecting team loan installment received, etc.