NRLM Funding and SHGs Overview

Questions and Answers

What is the funding ratio between the Centre and the States for the DAY-NRLM program?

50:50

70:30

90:10

60:40 (correct)

Which of the following groups can include men under DAY-NRLM?

All Self-Help Groups

Groups with disabled persons (correct)

Federations of Self-Help Groups

Women Self-Help Groups only

What is the minimum and maximum amount for the Revolving Fund provided to SHGs?

₹10,000 - ₹40,000

₹20,000 - ₹30,000 (correct)

₹15,000 - ₹35,000

₹25,000 - ₹50,000

What is the primary purpose of the Revolving Fund provided to SHGs?

To strengthen institutional and financial management capacity Signup and view all the answers

Which financial assistance does NOT exist under DAY-NRLM?

Capital Subsidy Signup and view all the answers

What is the maximum allowable loan amount for women SHGs to benefit from the interest subvention scheme?

₹3 lakh Signup and view all the answers

What must SHGs follow in order to qualify for the Revolving Fund under DAY-NRLM?

Follow the norm of 'Panchasutra' Signup and view all the answers

Which of the following statements about the interest subvention scheme is true?

It is limited to women SHGs in rural areas. Signup and view all the answers

What is the maximum amount of loan eligible for interest subsidy?

Rs.2,00,000 Signup and view all the answers

What is the maximum subsidy amount for a beneficiary under this scheme?

Rs.38,359 Signup and view all the answers

What is the processing charge for housing loans under this scheme?

Rs.2,000 per sanctioned application Signup and view all the answers

What is the tenure of the housing loan eligible for interest subsidy?

20 Years Signup and view all the answers

Which institution operates as the Central Nodal Agency for channelizing the subsidy?

National Housing Bank Signup and view all the answers

What is one of the objectives of the Agri-Clinics program?

Supplementing agricultural extension services Signup and view all the answers

What is the minimum age requirement to participate in the Agri-Business Centres scheme?

18 years Signup and view all the answers

Which of the following qualifications is NOT recognized for eligibility under the Agri-Clinics and Agri-Business Centres scheme?

Graduates in Computer Science Signup and view all the answers

What is the maximum project cost eligible for subsidy under PMEGP units engaged in animal husbandry?

Rs. 20 Lakhs Signup and view all the answers

What percentage of project cost must beneficiaries contribute under PMEGP?

10% Signup and view all the answers

What is the claim process for Margin Money subsidy by financing Banks under PMEGP?

Banks must follow the procedure for PMEGP units prevailing for the first loan. Signup and view all the answers

In which areas is a higher rate of subsidy applicable under PMEGP?

NE States and hilly areas Signup and view all the answers

What is the status of the Credit Linked Subsidy Scheme under PMAY-Urban?

It was discontinued after 31st March 2022. Signup and view all the answers

Which categories of urban households does PMAY-U aim to serve?

EWS/LIG and MIG categories Signup and view all the answers

By what year does the PMAY mission aim to provide houses to all eligible families in urban areas?

2022 Signup and view all the answers

What does the term 'lock-in period' refer to in the context of financing Bank claims under PMEGP?

Duration where funds are inaccessible for loan adjustments. Signup and view all the answers

What is the minimum percentage of the Total Financial Outlay that must be in Capital form for a project?

10% Signup and view all the answers

What is the maximum grace period allowed for the loan repayment schedule?

2 years Signup and view all the answers

Which individuals are eligible for a maximum subsidy of 44% on project costs?

Women, SC/ST, and beneficiaries from specific regions Signup and view all the answers

What is the maximum loan amount that can be secured against the hypothecation of assets without needing further security?

Rs. 5 lakh Signup and view all the answers

What is the maximum service charge that banks may levy on borrowers per annum?

2% Signup and view all the answers

How is the subsidy calculated for group projects under the scheme?

Per trained person with a ceiling on financial outlay Signup and view all the answers

What is the percentage of project cost for subsidy available to individuals other than women, SC/ST, and NE beneficiaries?

36% Signup and view all the answers

How many times can a candidate extend the benefit of subsidy under the scheme?

Twice Signup and view all the answers

What is the subsidy rate for infrastructure projects in North Eastern States for eligible components?

33.33% Signup and view all the answers

What is the maximum subsidy ceiling for projects over 1000 MT in other areas?

1166.55 Rs./MT Signup and view all the answers

Which of the following categories has a subsidy rate of 25%?

All other categories of beneficiaries Signup and view all the answers

What is the subsidy ceiling for North Eastern States, which includes Sikkim?

1333.20 Rs./MT Signup and view all the answers

For registered FPOs, what is the maximum subsidy ceiling provided?

100.00 Rs. Signup and view all the answers

In the context provided, who is eligible to receive a subsidy of 33.33%?

Women entrepreneurs and SC/ST entrepreneurs Signup and view all the answers

What is the subsidy ceiling for projects with a capital cost in just other areas?

875 Rs./MT Signup and view all the answers

What is defined as the basis for calculating the capital cost for subsidy purposes?

Cost as appraised by financial institutions Signup and view all the answers

What is the subsidy rate for all other categories of beneficiaries?

25% Signup and view all the answers

What is the maximum subsidy ceiling for projects costing 50-1000 MT?

1333.20 Rs./MT Signup and view all the answers

Which areas are exempt from the ceiling of financing projects under transport activities?

Goa and Puducherry Signup and view all the answers

What is the minimum score required for project cost above Rs.10.00 Lakhs?

60 out of 100 Signup and view all the answers

What is the second option for individuals without an Aadhaar number in eligible areas?

Alternate means of identification Signup and view all the answers

Who identifies beneficiaries at the district level?

State/District level implementation agencies and Banks Signup and view all the answers

What is the time frame for the nodal officer to interact with the applicant after receiving the application?

Within 5 working days Signup and view all the answers

What is a key function of the District Level Monitoring Committee (DLMC)?

To supervise the performance of PMEGP implementation Signup and view all the answers

How long does the grievance cell take to act upon online complaints?

Within 48 hours Signup and view all the answers

What is the duration of training required for applicants to avoid undergoing EDP training again?

At least 10 days offline or 60 hours online Signup and view all the answers

What is the maximum carpet area permissible under the MIG-II scheme?

200 sq meters Signup and view all the answers

What is the subsidy percentage for loans under the MIG-I scheme?

4% Signup and view all the answers

Which of the following provides assistance for the construction or purchase of houses under the PMAY-U 2.0 scheme?

State Governments Signup and view all the answers

What is the maximum loan amount eligible for interest subsidy under the MIG-II scheme?

Rs.12.00 Lakhs Signup and view all the answers

Until what date has the PMAY-U scheme been extended for the completion of already sanctioned houses?

31st December 2024 Signup and view all the answers

Under which scheme is a separate household status offered to adult earning members not owning a pucca house?

Both MIG-I and MIG-II Signup and view all the answers

What is the minimum number of members required in a group enterprise to qualify for subsidized loans?

3 members Signup and view all the answers

What is the maximum subsidy amount for the MIG-I scheme?

Rs.2,35,068/- Signup and view all the answers

What is the duration of the PMAY-U scheme as mentioned?

01.01.2017 to 31.03.2021 Signup and view all the answers

What is the maximum loan amount a group can receive under the group enterprises scheme?

₹ 10 Lakhs per group or ₹ 2 Lakhs per member, whichever is lower Signup and view all the answers

What is the required margin money for loans exceeding ₹ 50,000?

5% to 10% of the project cost Signup and view all the answers

What type of collateral is required for loans under the group enterprises scheme?

No collateral required Signup and view all the answers

What is the repayment schedule duration for loans under the norm?

5 to 7 years Signup and view all the answers

What is the maximum possible percentage of margin money that can be collected for project costs?

10% Signup and view all the answers

Which loan type is NOT included in the financing options for group enterprises?

Microfinance Loans Signup and view all the answers

What is the minimum age requirement for members of a group enterprise?

18 years Signup and view all the answers

What is the primary focus of the Deendayal Antyodaya Yojana - National Rural Livelihood Mission?

Poverty reduction through building strong institutions of the poor Signup and view all the answers

Which of the following is a key feature of the DAY-NRLM in terms of beneficiary inclusion?

At least 50% of beneficiaries should be SC/STs Signup and view all the answers

What process is utilized to identify the beneficiaries for the DAY-NRLM?

Community-based Participatory Identification of the poor (PIP) Signup and view all the answers

What is the targeted gender focus for the membership in Self-Help Groups (SHGs) under DAY-NRLM?

At least one member from every household, preferably a woman Signup and view all the answers

What percentage of the total membership of SHGs can come from households marginally above the poverty line?

Up to 30% Signup and view all the answers

What is one of the objectives of the universal financial inclusion aspect of DAY-NRLM?

Ensuring marginalized groups can access financial services Signup and view all the answers

How does the DAY-NRLM address the needs of persons with disabilities?

By ensuring at least 3% of beneficiaries are persons with disabilities Signup and view all the answers

What is emphasized as a necessary component for reducing the dependence of the poor on external agencies under DAY-NRLM?

Establishment of strong institutions of the poor Signup and view all the answers

What maximum subsidy amount can beneficiaries receive under the Interest Subsidy Scheme?

₹1.80 lakh Signup and view all the answers

What is the maximum interest subsidy rate for home loans under the ISS for eligible beneficiaries?

4 percent Signup and view all the answers

Which organization is responsible for channelizing the assistance in the AHP/BLC vertical under PMAY-U 2.0?

Central Government Signup and view all the answers

In the context of PMAY-U, what is the sharing pattern between Central and State Governments for other states?

60:40 Signup and view all the answers

What amount of assistance does the government provide per unit in the AHP/BLC vertical under PMAY-U 2.0?

₹2.50 lakh Signup and view all the answers

Which of the following groups is primarily targeted for the Affordable Rental Housing (ARH) initiative?

Homeless individuals Signup and view all the answers

What is the expected year by which the Housing for All commitment aims to be fulfilled?

2022 Signup and view all the answers

What is the maximum house value for beneficiaries to be eligible for the Interest Subsidy Scheme?

₹35 lakh Signup and view all the answers

Study Notes

DAY-NRLM Funding

Centrally Sponsored Scheme with funding shared between Centre and States at a 60:40 ratio, increasing to 90:10 for North Eastern States and fully Centre-funded for Union Territories.
Focuses on Women Self-Help Groups (SHGs) primarily, with provision for mixed groups in special categories including persons with disabilities and other marginalized groups.
SHGs consist of 10-20 members; exceptions allow groups of a minimum of 5 persons in difficult regions or special consideration cases.

SHGs Structure and Financial Assistance

Registration for SHGs is informal and non-mandatory; Federations at higher levels may register under local laws.
Revolving Fund (RF): MoRD allocates ₹20,000 - ₹30,000 to eligible SHGs that follow good practices (Panchasutra).
No capital subsidy is available under DAY-NRLM; instead, the Community Investment Support Fund (CIF) aids SHGs via loans and collective economic activities.

Interest Subvention Scheme

Interest subvention of 7% per annum available for loans up to ₹3 lakh for Women SHGs during 2024-25 across all banking sectors.
Loans exceeding ₹3 lakh will not qualify for government subsidy; these can be financed solely by banks.

PMEGP Criteria and Benefits

PMEGP offers a 15% subsidy on project costs, with increased benefits for North Eastern States and hilly areas.
Beneficiary contribution mandated at 10% of total project costs.

Financing and Subsidy Claims

Financing banks claim and manage margin money subsidies as per PMEGP procedures, ensuring standard practices are followed.

PMAY-U Overview

The Pradhan Mantri Awas Yojana - Urban (PMAY-U) aims to ensure housing for all by 2022, addressing the shortage for economically weaker sections, lower-income groups, and slum dwellers.
Discontinued credit-linked subsidy scheme post March 31, 2022; other components extended until December 31, 2024.

Loan and Subsidy Details under PMAY-U

Maximum loan for interest subsidy set at ₹2,00,000 with a 3% annual interest subsidy.
Beneficiaries can receive a maximum subsidy of ₹38,359 to assist in EMI payments.

Nodal Agency and Processing

National Housing Bank (NHB) acts as the central body overseeing and channeling PMAY-U subsidies.
Processing fees for housing loans eliminated; lenders receive ₹2000 per sanctioned application.

ACABC Scheme Objectives

Aims to enhance agricultural services and provide employment for graduates in agriculture and related fields.
Agri-Clinics offer services like soil health assessment and crop management; Agri-Business Centres focus on agricultural ventures.

Eligibility and Financing Terms for ACABC

Applicants must be aged 18-60 years, with a degree in agriculture or related fields.
Minimum 10% of the project’s financial outlay is required as capital; repayment terms vary from 5 to 10 years.
No margin is needed for loans up to ₹5 lakh, while other borrowers may avail financial support from NABARD.

Subsidy Structure for ACABC

Back-ended Composite Subsidy of 44% for women, SC/ST; 36% for others, based on project cost ceilings.
Applicants can leverage subsidy support up to two times for different phases of project expansion.

Infrastructure Subsidy Patterns

Capital expenditure determined based on financial institution appraisals or actual costs certified by a Chartered Accountant.
Different subsidy rates and ceilings based on beneficiary categories and specific project requirements.

Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY-NRLM)

Launched by the Ministry of Rural Development, Government of India, in April 2013, restructured from Swarnajayanti Gram Swarojgar Yojana (SGSY).
Renamed DAY-NRLM on March 29, 2016, aiming to reduce poverty through strong institutions for the poor, focusing on women.
Universal social mobilization seeks to include at least one member from every rural poor household in Self-Help Groups (SHGs).
Target population includes 50% SC/STs, 15% minorities, and 3% persons with disabilities, aiming for 100% household coverage.
The Participatory Identification of Poor (PIP) process involves community participation in selecting beneficiaries.
Institutions like SHGs provide resources and reduce dependency on external agencies.
Focus on universal financial inclusion for all poor households and institutions.
Loans have a repayment schedule of 5 to 7 years after a moratorium of 6-18 months.
Margin money requirements are waived for loans up to ₹50,000, and capped between 5% to 10% for larger loans.

Group Enterprises (SEP-G) - Loan & Subsidy

Eligibility requires a minimum of 3 members from urban poor families, with no two from the same family.
All members must be at least 18 years old.
Maximum loan eligibility is ₹2 lakh per member or ₹10 lakh per group, whichever is lower.
Loans may be provided as a collective or individual loans based on joint liability principles.
Margin money follows similar rules as the DAY-NRLM scheme.
No collateral is required; only assets created are hypothecated for loans.
Repayment terms are similar to DAY-NRLM, with a 5 to 7-year schedule post-moratorium.
Projects related to transport are capped at 10% of financing in specific regions.

Identification of Beneficiaries

Beneficiaries identified at the district level by state agencies and banks.
Individuals with prior training in Entrepreneurship Development Programs are exempt from retraining.
Applications are submitted online, with mandatory Aadhaar numbers for individuals; alternate ID methods are available in areas without Aadhaar.
Applications are processed within 5 working days, with scoring criteria for project feasibility.

Pradhan Mantri Awas Yojana - Urban (PMAY-U)

Continuation approved until December 31, 2024, focusing on completing over 122 lakh houses.
PMAY-U 2.0 aims to assist 1 crore urban poor through various housing options including purchase, rental, and construction.
Affordable Rental Housing (ARH) will be developed for diverse groups like women workers and migrants via PPP models.
Interest Subsidy Scheme (ISS) offers a 4% interest subsidy on loans up to ₹25 lakh for eligible beneficiaries.
Maximum subsidy capped at ₹1.80 lakh and is disbursed over 5 years.
The scheme varies in funding sources among different states, ensuring shared financial responsibility between central and state governments.

Pradhan Mantri Awas Yojana - Gramin (PMAY-G)

Restructured from Indira Awas Yojana to provide housing for all by 2022, effective from April 1, 2016.
Scheme focuses on rural housing to ensure shelter for underserved communities.

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Description

This quiz covers the funding patterns of the DAY-NRLM scheme, highlighting the financial contributions from the Centre and States, as well as the specific focus on Women SHGs and other special categories. Test your knowledge on the program's funding allocations and structure.