Scheme for Awards to MSMES 2026

This scheme provides interest-free loans to Waqf Boards and institutions to develop their properties in urban areas Read More... into income-generating assets like commercial complexes or hospitals, thereby strengthening their finances and expanding welfare activities. Read less

Details

The Shahari Waqf Sampatti Vikas Yojana is a vital initiative by the Indian government to empower Waqf institutions. Launched to boost the financial health of these bodies, it focuses on utilizing vacant Waqf properties effectively.

What Is This Scheme?

Implemented by the Central Waqf Council (CWC) since 1974-75, with support from the Ministry of Minority Affairs, this scheme aims to make Waqf properties more productive. It's designed to protect unused Waqf land from encroachment and develop it into income-generating assets. This helps Waqf institutions grow their resources and increase their capacity for social welfare activities.

Who Can Benefit From This Scheme?

The primary beneficiaries are Waqf Boards (WBs) and registered Waqf institutions across India. These entities must have full possession of the Waqf property they wish to develop.

Why This Scheme Is Important

This scheme plays a crucial role in the sustainable development of Waqf properties. By providing financial assistance for commercial projects, it ensures that Waqf assets contribute more significantly to society through enhanced income, improved financial stability for Waqf institutions, and expanded charitable and welfare programs.

Objective

This scheme provides interest-free loans to Waqf Boards and institutions to develop their properties in urban areas into income-generating assets like commercial complexes or hospitals, thereby strengthening their finances and expanding welfare activities.

Benefits

1. Separate awards to be given for Micro, Small and Medium category:

Category:Three awards to be awarded in each category-

Growth in production and profit
Quality and environment improvement measures
Innovation in technology for new product or process development

Award Money:Amount of ₹2,00,000/-, Trophy and Appreciation letter to each winner.

2. Awards to Best MSEs Entrepreneur in the following category one to each:

Category:One award to be awarded in each category-

Woman Entrepreneur
Young Entrepreneurs (first generation Entrepreneurs below 35 year age)
SC Entrepreneur
ST Entrepreneur

Award Money:Amount of ₹2,00,000/-, Trophy and Appreciation letter to each winner..

3. Awards for Commercially Successful Best MSME Start-up:

Award Money:Amount of ₹2,00,000/-, Trophy and Appreciation letter to each winner.

Sources and references

Guidelines

Eligibility Criteria

All Waqf Boards (WBs) and registered Waqf institutions are eligible if they possess the property intended for development and are deemed financially sound by the Central Waqf Council (CWC).
The scheme's benefits are applicable only for the development of Waqf properties located within urban areas.
Interest-free loans or grants-in-aid can be provided for specific development projects or non-commercial purposes that are approved by the CWC and serve the public interest.

Note 1: The scheme supports projects for constructing or reconstructing economically viable buildings on Waqf lands. The income generated from these developments will help Waqf Boards and institutions strengthen their finances and expand their welfare and charitable activities, ultimately contributing to societal progress.

Note 2: An 'Urban Area' refers to any property situated within the jurisdiction of a Municipality, Municipal Corporation, Notified Area Committee, Town Area Committee, Town Committee, or any similar body. It also includes areas within an 8-kilometer radius of these municipal limits, as specified by the Central/State Government notifications, considering urbanization trends.

How To Apply

Prepare a detailed project proposal including site plans, construction plans by qualified professionals, cost estimates, profitability statements, and property valuation.
Gather all required ownership and property documents.
Submit the completed application form along with all supporting documents to the Central Waqf Council.
The official address for submission is:
To,
The Secretary,
Central Waqf Council,
Central Waqf Bhawan,
P-13 & 14, Sector-6, Pushp Vihar,
Opposite Family Court, Saket,
New Delhi – 110017.
Application forms can be downloaded from the official website of the Central Waqf Council or obtained from the relevant Waqf Board office.

Documents Required

Site plan showing boundaries of the land to be developed.
Construction plan prepared by a qualified Engineer/Architect, duly approved by the Municipal or competent authority, or plans drafted by experts.
Detailed item-wise cost estimate for construction or other project expenses.
A statement projecting the profitability of the proposed scheme.
A statement detailing the market value of the Waqf property proposed for development, prepared by an Approved Valuer or Revenue Authority.
Copies of documents proving ownership, such as the Waqf deed, revenue records, municipal records, and Waqf register of the Board.
A non-encumbrance certificate from the competent authority or the State Waqf Board where the property is located.
Any other documents that may be requested by the authorities.

FAQ’s

What's the main goal of the Shahari Waqf Sampatti Vikas Yojana?

The primary aim is to protect vacant Waqf properties from illegal occupation and develop them into profitable ventures. This helps Waqf institutions earn more and expand their social service activities.

Which projects are eligible for interest-free loans under this scheme?

Projects that involve constructing or renovating economically viable buildings on Waqf land are eligible. Examples include commercial complexes, halls for events, hospitals, and cold storage units.

Who is eligible to apply for the interest-free loan?

Any Waqf Board or registered Waqf institution can apply if they fully own the property intended for development and are financially stable, as assessed by the Central Waqf Council.

Does the scheme have any geographical restrictions for development?

Yes, the Waqf property intended for development must be located within an 'urban area' as defined by the scheme guidelines.

How is 'urban area' defined for this scheme?

'Urban area' includes properties within the jurisdiction of any municipality or cantonment board, and also extends up to 8 kilometers from these limits, as specified by the government.

What is the maximum loan amount I can get?

You can get an interest-free loan up to ₹2.00 crore, or 75% of the project cost (not including land cost), whichever amount is smaller.

Are there any provisions for grants?

Yes, in special circumstances, grants-in-aid can be provided for social development projects on Waqf land. This requires prior approval from the Ministry of Minority Affairs.

What if an applicant fails to repay the loan?

Failure to repay the loan as per the agreed terms can lead to penalties and potential legal action, as determined by the Central Waqf Council.

Who is responsible for running this scheme?

The Central Waqf Council (CWC) is the agency responsible for implementing this scheme.

Where can I find the application form?

You can download the application form from the official website of the Central Waqf Council or pick it up from your local Waqf Board office. The link for forms is: https://centralwaqfcouncil.gov.in/content/forms

What documents do I need to submit with my application?

You'll need documents like the site plan, construction plan, cost estimates, profitability statements, proof of property ownership (Waqf deed, revenue records), and a non-encumbrance certificate, among others.

What is the main objective of the scheme?

The scheme aims to protect vacant waqf land from encroachers and develop economically viable projects on these properties to generate more income and expand welfare activities.