Navajeevan Project – A Self- Employment Project for Senior Citizens

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Navajeevan Project – A Self-Employment Project for Senior Citizens: Today in many families, senior citizens are suffering a lot. Many are suffering due to negligence from their children themselves. Did you ever think about why they are neglected by their family? The two main reasons are their health and wealth. Do you agree? Most of them were worked hard at their healthy young ages to fulfil their kid’s needs. Many of them forget to have savings for their future lives. They only think of money for their use when they are sick or neglected by their surroundings. The Kerala government has announced a new project for citizens who wish to have an employment time – ‘Navajeevan Project for senior citizens’ – a self-employment project. The project is for citizens whose age is between 50 and 65. The project is under National  Employment Service(Kerala).

This scheme is for Senior Citizens (50-65) Registered in Employment Exchanges, Kerala. The applicants’ Personal annual income should not exceed Rs. 1 lakh. The loan limit is up to Rs. 50,000. The person who receives the funds can begin modest projects such as cattle farming, horticulture, and fish farming, among other things. The projects will not only provide financial assistance but will also provide a way for them to pass the time in their lonely lives.

Navajeevan Project – Eligibility Needed for Self Employment Project

* Must be in Employment registration.

* Age limit should be between 50 and 65 years.

* Personal annual income should not exceed Rs. 1 lakh.

Priority for Navajeevan Project

1.  To those whose employment registration is currently being renewed in a timely manner.

2. 25% of the loan sanctioned will be made available to women. Widows over the age of 55 and persons with disabilities will be considered first.

3. 25% of the loan sanctioned will be made available for those below the poverty line.

Navajeevan Project: Loan / Repayment

* The maximum loan amount is Rs. 50000 / -.

* 25% of the loan will be deposited in the loan account of the entrepreneur as a subsidy.

* Repayments and interest are subject to the rules of financial institutions.

* No collateral as the loan is included in the credit guarantee scheme.

Also Read:

Ente Veedu Housing Scheme in Kerala 2021-2022

Sumitram Loan Scheme for Kerala Minorities

How to Apply Online for The National Old Age Pension Scheme

Implementing financial institutions

Loans are available under the scheme through District Nationalized / Scheduled Banks, State / District Co-operative Banks, Kerala Bank, KSFE, and other Public Sector Financial Institutions.

Name of the scheme Navajeevan Project – A Self-Employment Project for Senior Citizens
Launched by National Employment Service(Kerala)
Work under The Government of Kerala State
Its benefit To provide loans for senior citizens
Main objective Self – Employment
Year 2022
Beneficiaries Senior Citizens ( 50-65 years of old)
Official Website https://employment.kerala.gov.in/2021/01/13/navajeevan/#

Multiple applicants can start a joint venture. Each individual is entitled to a loan and a subsidy. Application forms are available at the nearest Employment Exchanges. It can also be downloaded and used from the Department’s website www.employment.kerala.gov.in

For more information: Phone 0484-2422458

You can download the Application form for Navajeevan Project for Senior Citizens here

Frequently Asked Questions:

What is the age limit to apply for Navajeevan Project Scheme?

Ans:  The age limit to apply for Navajeevan Project Scheme is 50-65 years.

2. How much is the maximum loan amount?

Ans: The maximum loan amount is Rs. 50000 / -.

3. Is multiple applicants can start a joint venture?

Ans: Yes, Multiple applicants can start a joint venture. Each individual is entitled to a loan and a subsidy.

4. From where do we get the application form?

Ans: Application forms are available at the nearest Employment Exchanges. It can also be downloaded and used from the Department’s website www.employment.kerala.gov.in

Also, Read:

Kerala Online Services App

Kerala Covid Loan: How to apply

Best Online Jobs from Home without Investment

Maintenance and Welfare of Parents and Senior Citizens


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