Chennai: Employed women aged between 18 and 40, holding a valid driving licence, and working under the limits of Chennai Corporation for an annual income less than Rs 2.5 lakh, can visit the nearest Corporation zonal office, as authorities have started issuing applications to avail subsidy for Amma Two Wheeler Scheme for the financial year 2018-19. The filled-up applications will be accepted till 21 January either in person or by post by the respective Corporation zonal office.
Amma Two Wheeler Scheme was kickstarted by the State government 24 February last year to help improve the mobility of poor working women. Inaugurated by Prime Minister Narendra Modi, the scheme offers a subsidy of 50 per cent of the cost of the two-wheeler or Rs 25,000 whichever is less. For differently-abled women, the subsidy goes up to Rs 31,500.
The beneficiary will be permitted to buy any branded vehicle of her choice from her own funds or by availing loans from banks / non-banking finance companies governed by the rules of the Reserve Bank of India. The vehicle should be subject to the maximum engine capacity of 125 cc, eligible to be registered under the Motor Vehicles Act of 1988. It should have been manufactured on or after 1 January 2018 and comply with the latest emission norms. The beneficiary should be a native of and resident of Tamilnadu.
For the financial year 2017-18, a total of 9,519 subsidies were allocated of which 4 per cent was reserved for differently-abled women. While 9,138 subsidies have already been given, the remaining 4 per cent thats 381 subsidies alone are pending now and will be handed over soon.
