With the objective of providing assistance in financing for the overall development of the identified cuisines under the One District One Cuisine Scheme (ODOC), an Assistance Scheme for Financing is to be operated for persons engaged or willing to engage in various activities related to ODOC cuisines, subject to the following guiding principles. The objective of the scheme is to ensure continuous enhancement of value addition, production capacity, quality improvement and competitiveness of the district-specific cuisines in national and international markets. The following main provisions are made for financing under the scheme:
The applicant must be at least 18 years of age.
No minimum educational qualification is required.
The applicant will apply through the e-portal.
Selection will be done on the basis of a scorecard.
| Project Cost | Margin Money Subsidy |
|---|---|
| Up to ₹25.00 lakh | 25% of project cost or ₹6.25 lakh, whichever is lower |
| Above ₹25.00 lakh and up to ₹50.00 lakh | 20% of project cost or ₹6.25 lakh, whichever is higher |
| Above ₹50.00 lakh and up to ₹150.00 lakh | 10% of project cost or ₹10 lakh, whichever is higher |
| Above ₹150.00 lakh | 10% of project cost or ₹50 lakh, whichever is lower |
The selected application will be forwarded by the District Industry and Enterprise Promotion Centre (DIEPC) to the bank branch (within 07 days)
The bank branch will decide on the application | Loan sanction, rejection, or return for reconsideration (within 01 month)
If the loan is sanctioned, the beneficiary will be provided training (minimum 07 days, through Polytechnic/ITI/RSETI/EDI etc. institutions)
The Margin Money Scheme is a financial support initiative that provides subsidy assistance to beneficiaries to help them set up or expand their enterprises.
The objective is to promote self-employment and entrepreneurship by reducing the financial burden of initial investment.
Individuals interested in starting or expanding small businesses or enterprises are eligible to apply, subject to scheme guidelines.
Yes, both new entrepreneurs and existing units planning expansion can benefit under the scheme.
Margin money refers to the subsidy provided by the government to support a portion of the project cost, reducing the applicant’s own financial contribution.
The scheme provides subsidy support linked to the project cost, which helps in reducing the loan burden on the beneficiary.
No, margin money is not a loan; it is a subsidy or financial assistance provided as per scheme norms.
Yes, beneficiaries are required to arrange the remaining amount through their own contribution or bank loan.
Yes, financial incentives are provided in the form of margin money support to encourage entrepreneurship.
Yes, banks play a key role in financing the remaining project cost and processing applications.
Applicants must meet criteria such as age, residency, and involvement in eligible business activities as defined under the scheme.
The business must fall under permissible categories as defined by the scheme guidelines.
Applicants need to apply through the prescribed application process, usually via designated portals or departments.
Applicants typically need identity proof, address proof, project report, and bank-related documents.
The subsidy is released as per the approval process and is generally linked with bank financing.
The scheme reduces initial financial burden, promotes entrepreneurship, and supports business growth.
Benefits can be availed as per scheme rules and limits; duplication beyond allowed limits is not permitted.
After approval, the project is financed, and margin money support is provided as per guidelines.
Yes, the implementation and utilization of funds are monitored by concerned authorities.
In case of violation of scheme conditions, benefits may be withdrawn or recovered as per rules.
Submit your grievance or query directly through the ODOC citizen support portal and track resolution.
After first installment disbursement, the bank will release the first loan installment (within 15 days)
After first installment, the bank will submit margin money (subsidy) claim through the portal (within next 07 days)
Upon receiving the claim, DIEPC will transfer the subsidy amount to the bank (within 07 days)
The subsidy amount will be kept by the bank as TDR (Term Deposit Receipt)
After 02 years of successful operation, joint verification will be conducted (by DIEPC Deputy Commissioner and concerned branch manager)
After verification, decision: if the unit is operating as per scheme → subsidy will be adjusted in loan, if violation is found → subsidy will be returned to the department