For the upliftment of the downtrodden in society, the Government of India has implemented financial assistance in the form of subsidized loans.

1. Government Sponsored Schemes

2. Government Sponsored
Schemes
● For the upliftment of the downtrodden in
society, the Government of India has
implemented financial assistance in the form
of subsidized loans.
● The individuals/ group of individuals who are
eligible for these schemes are selected by
various channelizing agencies and banks
provide loans to these candidates sponsored
by these agencies.

3. General guidelines
● One family, One Subsidy: For these Government sponsored schemes, only one
candidate/family member from a family is eligible for the subsidy.
● The candidate/ family member should not be a Government or a quasi government
employee.
● Certificate from concerned authorities is required for differently abled candidates.
● These schemes are backed by interest/ capital subsidy from the sponsoring
agencies.
● No interest will be applied for subsidy amount and corresponding loan amount in
case of backend subsidy.

4. Prime Minister's Employment
Generation Programme (PMEGP)
● Objective:
○ To generate opportunities by setting new self-
employment ventures/ projects / micro enterprises.
○ To provide continuous and sustainable employment
to unemployed youth in rural and urban areas.
○ To increase the earning capacity of skilled
workers/artisans.
● Eligibility Criteria:
○ Any individual above 18 years of age.
○ No income ceiling to set up projects mentioned under
this scheme.
○ Educational qualification: Min 8th standard pass for
projects costing Rs.10 lakhs and above in
manufacturing sector and above Rs. 5 lakh in
business /service sector.
○ Financial assistance under this scheme is available
only for new projects (existing units/ units already
availed this subsidy not eligible).

5. Deen Dayal Antyodaya Yojana
National Rural Livelihood Mission
(DAY-NRLM)
● NRLM:
○ DAY-NRLM was launched by replacing the existing Swarnajayanti Gram Swarojgar
Yojana (SGSY) scheme w.e.f 1st April 2013.
○ The aim of this mission is to eliminate poverty by building strong institutions of the poor,
particularly women and enabling these institutions to access a range of financial and
livelihood services.
○ In this mission, women SHGs will be promoted on the basis of affinity unlike common
activity as it was in the SGSY scheme.
○ Under this scheme, compliant women SHGs are eligible for interest subvention.
○ Subvention will be available in two ways across the country:
■ Category I Districts: In 250 identified NRLM intensive Districts, banks lend an
aggregate loan amount up to 3.00lakh @7.00% p.a to all women SHGs. On prompt
payment these SHGs will get additional interest subvention of 3.00%, making the
effective rate of interest to 4.00%.
■ Category II Districts: Interest subvention will be there till the extent of difference
between the lending rates of the Bank and 7.00% for loan up to Rs. 3.00 lakh by the
State Rural Livelihood Mission for all NRLM compliant prompt repaying women
SHGs.

6. Deendayal Antyodaya Yojana-
National Urban Livelihood Mission
(DAY-NULM)
● NULM:
○ This scheme was launched by replacing the existing Swarna Jayanti Shahari Rozgar
Yojana (SJSRY) scheme w.e.f. 24th September 2013.
○ The main Objective of this scheme is to reduce poverty and vulnerability of the poor
households in urban area by providing them access to gainful self-employment and
skilled wage employment opportunities.
○ At least one member (preferably a woman) from each urban poor household should be
brought under the SHG network in a time-bound manner.
● Salient features:
○ For beneficiaries, there is no minimum educational qualification required.
○ For loans up to Rs.10.00 lakhs, no collateral required
○ Repayment is within time period - 5 to 7 years after initial moratorium of 6-18 months.
○ Additional 3.00% interest subvention is available for prompt repaying women SHGs.
○ Maximum project cost covered under this scheme is Rs. 2.00 lakhs for individual micro
enterprise and Rs. 10.00 lakhs for Group micro enterprise.

7. Self Employment Scheme for
Rehabilitation for Manual
Scavengers (SRMS)
● “Manual scavenger” are those persons who are
engaged/employed for manually cleaning, carrying,
disposing of, or otherwise handling human excreta
in any manner.
● Maximum Project Cost allotted is Rs. 10.00 lakhs
and it is Rs.15 lakh in case of sanitation related
projects like Vacuum loader, Suction Machine with
vehicle, Garbage disposal vehicle, Pay & Use toilets
etc.
● Interest: 4 to 6% p.a under interest subvention
scheme.
● Repayment: Within 5 to 7 years including
moratorium.

8. Differential Rate of Interest (DRI)
Scheme
● Under this scheme need based financial assistance
is offered to all those who intend to take up any
productive activity.
● Eligibility Criteria: Family income not exceeding
○ Rs.24,000/- p.a in metropolitan/ urban/ semi-
urban areas
○ Rs.18,000/- p.a. in rural areas.
● Loan Limit:
○ Rs.15000 for any productive activity
○ Rs. 20000/- for housing loan.
● Interest: 4% p.a
● Repayment: Within 5 years for term loan.

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10. THANK-YOU