Government Sponsored Schemes

The salient features of the scheme are:

  • Implemented through the apex corporations of the Ministry of Social Justice and Empowerment through State Channelising Agencies.
  • The identified scavengers will be provided training, loan, and subsidy.
  • Banks will provide loans to candidates sponsored by State Channelising agencies only. After sanction of the loan, bank will claim amount of capital subsidy from the State Channelising Agencies who in turn will provide admissible capital subsidy, which will be disbursed to the beneficiary along with the loan amount.
  • Credit will be provided by the banks, which will charge interest from the beneficiaries at the rates prescribed under the scheme.
  • National Safai Karmacharis Finance and Development Corporation (NSKFDC) or any other identified agency at the apex level, will provide interest subsidy to the banks through its State Channelising Agencies (SCAs)

Funding

  • The Scheme provides for projects costing upto Rs.5.00 lakhs. The loan amount will be the remaining portion of the project cost, after deducting the admissible capital subsidy.
  • No margin money / promoter's contribution under the scheme.
  • Both, term loan (upto a maximum cost of Rs. 5 lakh) and micro financing (upto a maximum of Rs. 25,000) will be admissible under the Scheme. Micro financing will also be done through Self Help Groups (SHGs) and reputed Non Governmental Organizations (NGOs).

The salient features of the scheme are:

  • Implemented through the apex corporations of the Ministry of Social Justice and Empowerment through State Channelising Agencies.
  • The identified scavengers will be provided training, loan, and subsidy.
  • Banks will provide loans to candidates sponsored by State Channelising agencies only. After sanction of the loan, bank will claim amount of capital subsidy from the State Channelising Agencies who in turn will provide admissible capital subsidy, which will be disbursed to the beneficiary along with the loan amount.
  • Credit will be provided by the banks, which will charge interest from the beneficiaries at the rates prescribed under the scheme.
  • National Safai Karmacharis Finance and Development Corporation (NSKFDC) or any other identified agency at the apex level, will provide interest subsidy to the banks through its State Channelising Agencies (SCAs)

Funding

  • The Scheme provides for projects costing upto Rs.5.00 lakhs. The loan amount will be the remaining portion of the project cost, after deducting the admissible capital subsidy.
  • No margin money / promoter's contribution under the scheme.
  • Both, term loan (upto a maximum cost of Rs. 5 lakh) and micro financing (upto a maximum of Rs. 25,000) will be admissible under the Scheme. Micro financing will also be done through Self Help Groups (SHGs) and reputed Non Governmental Organizations (NGOs).
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