Scheme for Awards to MSMES 2026

This scheme provides interest-free loans to Waqf Boards and institutions across India for building commercially viable projects Read More... like complexes and hospitals on Waqf land, boosting their financial strength and welfare activities. Read less

Details

The Indian government, through the Ministry of Minority Affairs and implemented by the Central Waqf Council, has a scheme to help Waqf institutions grow. Named the Shahari Waqf Sampatti Vikas Yojana, it has been active since 1974-75. The main goal is to boost the financial health of Waqf bodies and protect valuable Waqf properties from being misused or encroached upon. It focuses on turning vacant Waqf lands in urban areas into income-generating assets, so these institutions can do more for the community.

What Is This Scheme?

The Shahari Waqf Sampatti Vikas Yojana (SWVSY) is designed to help Waqf institutions and Boards in India by providing financial support. It offers interest-free loans to develop Waqf properties, especially those located in urban areas. The idea is to construct buildings or facilities that can generate a steady income, which can then be used to fund welfare and charitable activities. This also helps in securing and making productive use of Waqf land.

Who Can Benefit From This Scheme?

The scheme is primarily for registered Waqf institutions and Waqf Boards (WBs) across India. To be eligible, these entities must have full control over the Waqf property they wish to develop and should not be facing insolvency. The development projects must be located in urban areas, as defined by the government.

Why This Scheme Is Important

SWVSY plays a crucial role in empowering Waqf institutions financially. By facilitating the development of Waqf properties into commercially viable ventures, it creates a sustainable source of revenue. This increased income allows these institutions to expand their charitable work, provide better services, and strengthen their overall operational capacity. It also ensures that Waqf properties are used productively and protected for the benefit of the community.

Objective

This scheme provides interest-free loans to Waqf Boards and institutions across India for building commercially viable projects like complexes and hospitals on Waqf land, boosting their financial strength and 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 have full possession of the property intended for development and are deemed suitable by the Central Waqf Council (CWC).
The loans are specifically for developing Waqf properties situated in urban areas.
Interest-free loan assistance or grants-in-aid can be provided for specific development projects or non-commercial purposes that are approved by the CWC and are considered to be in the public interest.

Note 1: This scheme supports projects involving the construction or reconstruction of economically viable buildings on Waqf lands. The additional income generated will help Waqf Boards and institutions improve their financial status and enhance their welfare and charitable activities, contributing to societal progress.

Note 2: An 'urban area' includes any property within the jurisdiction of a Municipality, Municipal Corporation, Notified Area Committee, Town Area Committee, Town Committee, or Cantonment Board. It also includes areas within an 8-kilometer radius of these municipal or cantonment limits, as specified by the Central or State Government through official notification.

How To Apply

Interested Waqf Boards or institutions should submit their applications to the Secretary, Central Waqf Council.
The application should be accompanied by all required details and supporting documents.

Mailing Address:

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. The specific link for forms is: https://centralwaqfcouncil.gov.in/content/forms

Documents Required

A site plan of the land proposed for development, clearly showing its boundaries.
Construction plans prepared by a qualified Engineer or Architect, which should be duly sanctioned by the Municipal or other Competent Authority. Alternatively, plans prepared by Experts are also accepted.
A detailed item-wise cost estimate for the construction or project.
A statement outlining the projected profitability of the scheme.
A statement showing the market value of the Waqf property, prepared by an Approved Valuer or Revenue Authority.
Copies of ownership documents, 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 Central Waqf Council.

FAQ’s

What is the main purpose of the Shahari Waqf Sampatti Vikas Yojana?

The scheme's main aim is to protect empty Waqf properties from illegal occupation and to develop these lands into projects that can generate income. This helps increase the financial resources of Waqf institutions and allows them to expand their welfare activities.

Who is responsible for running this scheme?

The Central Waqf Council (CWC) is the body that implements this scheme.

What kind of development projects are eligible for interest-free loans?

Projects that involve building or rebuilding economically viable structures on Waqf land are eligible. This includes things like commercial complexes, marriage halls, hospitals, and cold storage facilities.

Can any Waqf institution apply for a loan?

Yes, all Waqf Boards (WBs) and registered Waqf institutions can apply, provided they have full control over the property for development and are financially stable (not insolvent).

Are there any specific location requirements for the development projects?

Yes, the Waqf property that is to be developed must be located within an urban area.

How is an 'urban area' defined for this scheme?

An urban area is defined as any place within the limits of a municipality, municipal corporation, notified area committee, town area committee, town committee, or cantonment board. It also includes any area within 8 kilometers of these boundaries, as decided by the government.

What is the maximum loan amount I can get?

The maximum interest-free loan you can receive is ₹2.00 crore (Two Crore Rupees) or 75% of the project cost (excluding the land cost), whichever is less.

Does the scheme offer grants as well as loans?

Yes, in special circumstances, grants-in-aid can be given to State Waqf Boards or Waqf institutions for social development projects on Waqf land. This requires prior approval from the Ministry.

How does an organization apply for a loan under this scheme?

Organizations need to apply to the relevant Waqf Board using the official application form and provide all necessary details and supporting documents.

Where can I find the application form?

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

To whom should the completed application be sent?

The completed application form, along with all documents, should be sent to the Secretary, Central Waqf Council, at the following address: Central Waqf Bhawan, P-13 & 14, Sector-6, Pushp Vihar, Opposite Family Court, Saket, New Delhi – 110017.

What happens if a loan is not repaid as agreed?

If the loan is not repaid according to the agreed terms, there may be penalties. The Central Waqf Council can also take appropriate legal action.