RBI/2018-19/89
FIDD.GSSD.CO.BC.No.11/09.16.03/2018-19
December
06, 2018
The Chairman/ Managing Director
& CEO
All Scheduled Commercial Banks &
Small Finance banks
Madam/Dear Sir,
Deendayal Antyodaya Yojana –
National Urban Livelihoods Mission (DAY-NULM)
Reserve Bank of India has
periodically issued instructions to banks with regard to operationalisation
of the Government of India’s National Urban Livelihoods Mission (DAY-NULM).
The Ministry of Housing & Urban Affairs, Government of India has
amended the operational guidelines of Self-Employment Programme (SEP) under
DAY-NULM. The revised Master Circular is
being issued by incorporating amendments as effected by the Ministry of
Housing & Urban Affairs and has been placed on the RBI website www.rbi.org.in.
Yours faithfully,
(Sonali Sen Gupta)
Chief General Manager
Encl: As above
Master Circular: Deendayal
Antyodaya Yojana- National Urban Livelihoods Mission (DAY-NULM)
Background
The Government of India,
Ministry of Housing and Urban Poverty Alleviation (MoHUPA), restructured
the existing Swarna Jayanti Shahari Rozgar Yojana (SJSRY) and launched the
National Urban Livelihoods Mission (NULM) in 2013. NULM has been under
implementation w.e.f. September 24, 2013 in all district headquarters
(irrespective of population) and all the cities with population of 1 lakh
or more.
The Self Employment Program
(SEP) of NULM focuses on providing financial assistance through provision
of interest subsidy on loans to support establishment of Individual &
Group Enterprises and Self-Help Groups (SHGs) of urban poor. The erstwhile
provision of capital subsidy for USEP (Urban Self Employment Program) and
UWSP (Urban Women Self-Help Program) under SJSRY has been replaced by
interest subsidy for loans to Individual enterprise (SEP-I), Group
enterprise (SEP-G) and Self Help Groups (SEP-SHGs). With a view to
improving the livelihood opportunities for the poor in urban areas,
Ministry of Housing and Urban Poverty Alleviation (UPA Division),
Government of India vide their Office Memorandum
No.K-14011/2/2012-UPA/FTS-5196 dated February 19, 2016 has decided to
enhance the scope of National Urban Livelihoods Mission. The Mission with
enhanced scope was renamed as “Deendayal
Antyodaya Yojana -National Urban Livelihoods Mission (DAY-NULM)”.
The operational guidelines of
the Self Employment Program (SEP) component of DAY-NULM are as under:
1. Introduction:
1.1 The SEP provides financial
assistance to individuals/groups including street venders/hawkers of urban
poor for setting up gainful self-employment ventures/ micro-enterprises,
suited to their skills, training, aptitude and local conditions. The
programme also supports Self Help Groups (SHGs) of urban poor to access
easy credit from bank and avail interest subsidy on SHG loans. The SEP will
also focus on technology, marketing and other support services to the above
beneficiaries engaged in micro enterprises for their livelihoods and will
also facilitate issuance of credit cards for working capital requirement of
the entrepreneurs.
1.2 The underemployed and
unemployed urban poor will be encouraged to set up small enterprises
relating to manufacturing, service and small business for which there is
considerable local demand. Local skills and local crafts should be
particularly encouraged. Each Urban Local Body (ULB) should develop a
compendium of such activities/projects keeping in view skills available,
marketability of products, costs, economic viability etc.
1.3 The percentage of women
beneficiaries under SEP shall not be less than 30 percent. SCs and STs must
be benefited at least to the extent of the proportion of their strength in
the city/town population of poor. A special provision of 3 percent reservation
should be made for the differently-abled under this program. In view of the
Prime Minister’s 15-Point Program for the Welfare of Minorities, at least
15 percent of the physical and financial targets under this component shall
be earmarked for the minority communities.
2. Selection of Beneficiary
& Procedure for Sponsoring Applications:
The Community Organizers (COs)
and professionals from Urban Local Body (ULB) will identify the prospective
beneficiaries from among the urban poor. The community structures formed
under Social Mobilization & Institutional Development (SM&ID)
component of DAY- NULM viz. Self Help Groups (SHGs) and Area Level
Federations (ALFs) may also refer prospective individual and group
entrepreneurs for purpose of financial assistance under SEP to ULB. The
beneficiaries may directly approach ULB or its representatives for
assistance. Banks may also identify prospective beneficiaries at their end
and forward such cases directly to ULB. The Banks may also use their
empaneled Business Correspondents (BCs) and Business Facilitators (BFs) to
increase the outreach. Due diligence will be undertaken as per the Banks’
policy, in this regard.
2.1 The application for
individual and group enterprise loans will be sponsored by the Urban Local
Body (ULB) which will be the sponsoring agency for the individual and group
enterprise.
2.2 The ULB will create
awareness regarding SEP to the prospective beneficiaries through mass media
campaigns, Information Education and Communication (IEC) activities,
advertisements in local newspapers, City Livelihoods Centres (CLCs) etc.
The ULB may also disseminate information regarding this component through
active involvement of Resource Organizations and its field staff.
2.3 The beneficiaries desirous
of seeking financial assistance for setting up an enterprise can submit an
application of intent to the concerned ULB officials on a plain paper with
basic details viz: Name, Age, Contact details, Address, Aadhaar details (if
any), amount of loan required, bank account number (if available), type of
enterprise/ activity, category etc. The intent could also be sent by mail
/post to the ULB office. The ULB shall accept such intents throughout the
year.
2.4 The community structures
formed under Social Mobilization & Institutional Development
(SM&ID) component of DAY-NULM viz: Self Help Groups (SHGs)/ Area Level
Federations (ALFs) may also refer prospective individual and group
entrepreneurs for purpose of financial assistance under SEP to ULB.
2.5 On submission/receipt of the
intent from the beneficiary the respective ULB will enter the details in a
register/or MIS if available and hence will generate a waiting list of
beneficiaries. The ULB will issue an acknowledgement to the beneficiary
with a unique registration number, which may be used as a reference number
for tracking the status of application.
2.6 ULB will call the
beneficiaries in order of the waiting list to complete requisite
documentation including filling of Loan Application Form (LAF), activity
details, identity proof, address proof, bank account details etc. To verify
the identity of the beneficiary, her/his Aadhar number will also be brought
on record. If beneficiary does not have Aadhaar card, his/ her any other
unique identification document like voters’ card, driving license etc. will
be taken and s/he will be helped to obtain Aadhar card as soon as possible.
The State Urban Livelihoods Mission (SULM) may develop a Loan Application
Form (LAF) in suitable format in consultation with State Level Bankers
Committee (SLBC) convenor bank. The same LAF may be utilised across the
State/UTs. The Loan Application Form (LAF) will contain basic data in
respect of economic status of the beneficiary and her/his family. This data
will be such that it can be used to analyse impact of the benefits on
her/his economic status at a later stage.
2.7 A Task Force constituted at
ULB level will scrutinize the applications based on experience, skills,
viability of activity, scope of the activity etc. Thereafter, the Task
Force will shortlist the applications and call for interview of the
applicants before recommending or rejecting the application or call for
additional information from the applicant if required.
2.8 The Chief Executive Officer
(CEO)/ Municipal Commissioner of ULB will be responsible to constitute the
Task Force and will be the Chairman of the Task force. There could be more
than 1 task force at ULB level depending upon the size/population of the
ULB.
2.9 The indicative composition
of the Task Force is as follows:
Sr.
No.
|
TASK
Force at ULB level
|
Role
|
1.
|
Chief Executive Officer (CEO)
ULB/Municipal Commissioner of ULB/ or any representative authorized by
CEO ULB
|
Chairman
|
2.
|
Lead District Manager (LDM)
|
Member
|
3.
|
City Project Officer (CPO),
ULB/ or any authorized representative of ULB
|
Member Convenor
|
4.
|
Representative from District
Industries Centre (DIC)
|
Member
|
5.
|
Senior Branch Managers (Max-2)
of banks
|
Member
|
6.
|
Representatives(2) of Area
Level Federation/City Level Federation
|
Member
|
2.10 The task force will then
recommend the applications if found suitable, reject if found unsuitable or
ask the beneficiary to submit further requisite information for
re-examination on case to case basis.
2.11 The case duly recommended
by the task force will be forwarded by the ULB to the concerned banks for
further processing. Such cases recommended by task force have to be
processed by concerned banks within a time frame of 15 days. As these cases
are already recommended by the task force, such cases should be rejected by
banks only in exceptional circumstances.
2.12 The banks will send a
periodic report to the ULB on the status of the applications received. In
case of MIS being used, the banks may be allowed to update the status of
application online in addition to manual report.
2.13 Banks may also directly
accept the loan applications of urban poor beneficiaries on the basis of
relevant documents as per the guidelines of Prime Minister MUDRA Yojana
(PMMY) or any other such scheme without the need of having prior sponsoring
from ULB. The banks can send details of such loans sanctioned by them to
ULBs for confirmation of their eligibility for interest subsidy under
DAY-NULM. Task Force constituted for scrutinizing applications should
quickly clear these applications if they otherwise meet the criteria. On
confirmation of their eligibility, interest subsidy may be claimed from
ULBs on the pattern of interest subsidy claim for beneficiaries sponsored
by ULBs. The subsidy will be transferred directly to the loan account of
DAY-NULM beneficiaries. This procedure will also be direct benefit transfer
compliant.
3. Educational Qualifications
and Training Requirement:
No minimum educational
qualification is required for prospective beneficiaries under this component.
However where the identified activity for micro-enterprise development
requires some special skills appropriate training must be provided to the
beneficiaries before extending financial support.
3.1 Employment through Skills Training and Placement (EST&P): Financial assistance should be extended only after
the prospective beneficiary has acquired required skills for running the
proposed micro-enterprise. Such training may not be necessary if the
beneficiary has already undergone training from a known institution,
registered NGO/Voluntary Organization or trained under any government
scheme provided requisite certificate is produced. In case the beneficiary
has acquired requisite skills from family occupation such cases should be
certified by the ULB before extending financial assistance.
3.2 Entrepreneurship Development Program (EDP): In addition to skill training of the beneficiaries, the
ULB will also arrange to conduct Entrepreneurship Development Program for
3-7 days for individual and group entrepreneurs. The EDP will cover basics
of entrepreneurship development such as management of an enterprise, basic
accounting, financial management, marketing, backward and forward linkages,
legal procedures, costing and revenue etc. In addition to above topics the
module should also include group dynamics, allocation of work, profit
sharing mechanism etc. for group enterprises.
3.3 The EDP module may be
developed and finalized by State Urban Livelihoods Mission (SULM) supported
by State Mission Management Unit (SMMU) with assistance of an empaneled
institution/agency or consulting firm and same may be utilized for
conducting training program by the ULB. This EDP training may be arranged
through institutions such as Rural Self Employment Training Institutes
(RSETI), reputed institutions engaged in entrepreneurship development/
training, management/ educational institutes, reputed NGOs engaged in
entrepreneurship development/ training etc.
3.4 Follow-up entrepreneurial support to Individual and
Group entrepreneurs: After
financing to Individual and Group beneficiaries, the ULB will also arrange
to conduct follow-up Entrepreneurship Development Programme (EDP) as and
when required. Such programme should preferably be conducted once in six
months for each beneficiary who has been given a loan. During the follow-up
EDP, problems and issues faced by beneficiaries should also be discussed
and solutions should be given.
4. Pattern of Financial
Assistance:
The financial assistance
available to urban poor in setting up individual and group enterprises will
be in the form of Interest subsidy on the bank loans. Interest subsidy,
over and above 7% rate of interest will be available on a bank loan for
setting up of individual or group enterprises. The difference between 7%
p.a. and the rate of interest charged by the bank will be provided to banks
under DAY-NULM. Interest subsidy will be given only in case of timely
repayment of loan. Suitable certification from banks will be obtained in
this regard. An additional 3 percent interest subvention will be provided
to all Women Self Help Groups (WSHGs) who repay their loan in time. The
Interest subsidy will be subject to timely repayment of the loan (as per
the loan repayment schedule) and suitable certification obtained from banks
by the ULB. The additional 3% interest subvention amount will be reimbursed
to the eligible WSHGs. The banks should credit the amount of 3% interest
subvention to the eligible WHSGs accounts and thereafter seek the
reimbursement.
5. Procedure for interest subsidy
to Banks:
5.1 All scheduled commercial
banks (SCBs) and Small Finance Banks which are on the Core Banking Solution
(CBS) platform would be eligible for getting interest subvention under the
scheme.
5.2 After disbursement of loan
to the beneficiaries, the concerned branch of the bank will send details of
disbursed loan cases to ULB along with details of interest subsidy amount.
Procedure I
5.3 The settlement of claims
made by banks would be done on quarterly basis by the ULBs, however the
submission of claims should be monthly. The ULB will check the data at
their end and will release the interest subsidy amount (difference between
7% p.a. and prevailing rate of interest) to the banks.
5.4 A prescribed format for
interest subsidy claims for loans under this component is enclosed at (Annex-I)
5.5 The claims should not be
pending more than a quarter. In case the claims of the banks are not
settled for a period of 6 months, SLBC is empowered to stop the scheme
temporarily in selected cities subject to clearance of claims by such ULBs.
In such eventualities, the claims settlement should prospectively be given
to the Lead District Bank.
Procedure - II
5.6 Settlement of Claims: Nodal Agency for releasing interest subsidy: A public
sector bank may be engaged by each State as nodal bank in consultation with
the convener of the respective State Level Bankers’ Committee (SLBC). All
the Banks will consolidate data regarding interest subsidy from their
branches and upload on the portal of Nodal Bank. The nodal bank, after
verification, will transfer the interest subsidy to the bank branches. The
State/UT will deposit some funds in advance with the nodal bank, which will
release funds to the bank branches as per guidelines of the DAY-NULM. Nodal
bank will regularly render account of reimbursement to the SULM. This procedure
will be followed in all three types of loans i.e. SEP (I), SEP (G) and
SHG-Bank Linkage.
6. Individual Enterprises
(SEP-I)-Loan & Subsidy
An urban poor individual
beneficiary desirous of setting up an individual micro-enterprise for
self-employment can avail benefit of subsidized loan under this component
from any bank. The norms/ specifications for individual micro-enterprise
loans are as follows:
6.1 Age: The
prospective beneficiary should have attained the age of 18 Years at the
time of applying for loan.
6.2 Project Cost (PC): The
Maximum unit Project Cost for an individual micro-enterprise is ? 2,00,000
(? Two Lakhs).
6.3 Collateral Guarantee on Bank Loan: No collateral required. As per RBI Circular RPCD.SME & NFS.BC.No.79/06.02.31/2009-10
dated May 6, 2010 banks are mandated not to accept collateral
security in the case of loans up to ? 10 lakhs extended to units in the MSE
sector. Therefore, only the assets created would be hypothecated/
mortgaged/ pledged to banks for advancing loans. The banks may approach
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) setup
by Small Industries Development Bank (SIDBI) or any other appropriate guarantee
fund for the purpose of availing guarantee cover for SEP loans as per the
eligibility of the activity for guarantee cover.
6.4 Repayment: Repayment
schedule would range between 5 to 7 Years after initial moratorium of 6-18
months as per norms of the banks.
6.5 Margin Money: No
margin money should be taken for a loan up to ? 50,000 and for higher
amount loans, preferably 5% should be taken as margin money and it should
in no case be more than 10% of the project cost.
6.6 Type of Loan Facility: Banks
may extend finance to individuals for capital expenditure in the form of
Term Loan and Working Capital loans through Cash Credit. Banks may also
extend Composite Loans consisting of Capital Expenditure and Working
Capital components, depending upon individual borrower’s requirement.
7. Group Enterprises (SEP-G)
-Loan & Subsidy
A Self Help Group (SHG) or
members of an SHG constituted under DAY-NULM or a group of urban poor for
self-employment can avail benefit of subsidized loans under this component
from any bank. The norms/ specifications for group based micro-enterprise
loans are as follows:
7.1 Eligibility Criteria: The
group enterprises should have minimum of Three (3) members with a minimum
of 70% of the members from urban poor families. More than one person from
the same family should not be included in the same group.
7.2 Age: All
members of the group enterprise should have attained an age of 18 years at
the time of applying for bank loan.
7.3 Project Cost (PC): The
group will be eligible for a maximum loan of Rs. 2 Lakh per member or Rs.
10 Lakh, whichever is lower.
7.4 Type of Loan: Loan
can be extended either as a single loan to the group functioning as one
borrowing unit or each member of the group can be provided individual loans
up to 2 lakhs and an overall cap of 10 lakhs based on the principal of
joint liability of the group. The principles laid down in the RBI circular
on “Budget (2014-15) Announcement Financing of Joint Farming Groups of
‘Bhoomi Heen Kisan’ dated 13th November, 2014” and subsequent revisions
should be followed in case of loans to a group.
7.5 Type of Loan Facility: Banks
may extend finance to groups for capital expenditure in the form of Term
Loan and for Working Capital, through Cash Credit Facility. Banks may also
extend Composite Loans for Capital Expenditure and Working Capital,
depending upon Group’s requirement.
7.6 Loan and Margin Money: The
Project Cost minus the beneficiary contribution (Margin Money) would be
made available as loan amount to the group enterprise by the bank. No
margin money should be taken for loan up to ? 50,000 and for higher amount
loans, preferably 5% should be taken as margin money and it should in no
case be more than 10% of the project cost.
7.7 Collateral Guarantee on Bank Loan: No collateral guarantee is required. Only the
assets created would be hypothecated/ mortgaged/ pledged to banks for
advancing loans. The banks may approach Credit Guarantee Fund Trust for
Micro and Small Enterprises (CGTMSE) or any other appropriate guarantee
fund as detailed in Para-6.3.
7.8 Repayment: Repayment
schedule would range between 5 to 7 Years after initial moratorium of 6-18
months as per the norms of the banks.
8. SHG-Bank Linkage – General
Guidelines
Linking of SHGs with banks have
been emphasized in the Monetary policy of Reserve Bank of India and Union
Budget announcements from time to time and various guidelines in this
regard have been issued by the Reserve Bank of India (RBI) to banks. To
scale up the SHGs linkage program and make it sustainable, banks have been
advised to consider lending to SHGs as part of their mainstream credit
operations both at policy and implementation level.
8.1 Master Circular of RBI on
SHG-Bank Linkage Programme, FIDD.FID.BC.
No.04/12.01.033/2018-19 dated July 02, 2018 contains
instructions on opening of Savings Bank Account of Self Help Groups
(whether registered or unregistered), which are engaged in promoting habit
of savings among their members as a starting point. Thereafter, the SHGs
may be sanctioned Savings Linked Loans (varying from a saving to loan ratio
of 1:1 to 1:4) after due assessment or grading by banks. However, in case
of matured SHGs, loans may be given beyond the limit of four times the
savings as per the discretion of the bank. The Banks have also been
instructed that the advances to SHGs irrespective of the purposes for which
the members of SHGs should be included by the banks as part of their
lending to the weaker sections.
8.2 Under Social Mobilization
& Institution Development (SM&ID) component of DAY-NULM, the ULB
will do necessary groundwork to open bank accounts for SHGs and
facilitating access to Revolving Fund (RF). The ULB may also engage
Resource Organization (RO) for the purpose or may directly facilitate SHGs
through its staff. (Concept & Formation of SHGs, ROs and Revolving Fund
has been detailed out in Social Mobilization & Institutional
Development (SM&ID) component of DAY- NULM).
8.3 The banks will send the
details of disbursed loan cases to the ULB along with the calculation
details of the interest subsidy amount. The ULB will check the data at
their end and will release the interest subsidy amount on quarterly basis
to the banks following a similar procedure as mentioned in Para 5.The
prescribed format for claiming the additional interest subvention is
enclosed at (Annex –II).
8.4 The ULB through its field
staff or Resource Organization (ROs) will facilitate filling of loan
applications for eligible SHGs to access credit from the banks. The ULB
will be responsible to forward the Loan application of the SHGs to the
concerned banks with requisite documentation. The ULB will maintain area
wise, bank-wise, ROs/ Staff wise data of SHGs loan applications forwarded
to the banks. The same will be sent to SULM on a monthly basis.
8.5 In order to ensure effective
SHG-Bank Linkage under DAY-NULM, the SULM will monitor and review the
progress with banks on regular basis and co-ordinate with SLBC for interest
subsidy/ subvention on SHG Loans in the state. Active involvement of State
level Bankers’ Committee (SLBC) and lead banks may be ensured for sensitization
of bank and branch staff for financial inclusion of urban poor.
8.6 It may be noted that the
identification, selection, formation and monitoring of SHGs who are to get
interest subvention would be the responsibility of State/ ULBs and banks
would not be liable for wrong identification of SHGs who get interest
subvention.
8.7 Type of Loan Facility: SHGs
can avail either Term loan or a Cash Credit Limit (CCL) loan or both based
on their needs. In case of need, additional loan can be sanctioned even though
the previous loan is outstanding.
8.8 RBI guidelines for prompt
repayment are as follows:
a. For Cash Credit Limit to
SHGs:
i) Outstanding balance shall not
have remained in excess of the sanctioned limit/drawing power continuously
for more than 30 days.
ii) There shall be regular
credits and debits in the account. In any case there shall be at least one
customer induced credit during the month.
iii) Customer induced Credits
during a month shall be sufficient to cover the interest debited during the
month.
b. For Term Loan to SHGs: A term loan account where all of the interest
payments and/or instalments of principal were paid within 30 days of the
due date during the entire tenure of the loans would be considered as an
account having prompt payment. The prompt payment guidelines will continue
to be guided by RBI guidelines on the subject in future.
9. Progress Reporting for SEP-I,
SEP-G & SEP-SHG
9.1 The ULB will prepare a data
sheet of the applications recommended by the TASK force along with their
status details of the sanction, disbursement and rejection (along with
reasons) after validating the same with the respective banks. This data
sheet will be sent to SULM on a monthly basis.
9.2 The SULM will compile all
the reports received from respective ULBs and will communicate to M/o HUPA
on a monthly basis.
9.3 SULM must ensure that
progress under SEP is reviewed in every SLBC and District Consultative
Committee (DCC) meetings. Any other important issue with regard to SEP may
be taken up by SULM with SLBC convener bank for effective coordination and
implementation.
10. Credit Card for enterprise
development
10.1 The financial assistance to
the individual entrepreneurs though subsidized loan for setting up of
enterprises under DAY-NULM could be viewed as initial impetus to facilitate
livelihood support to the urban poor. However the individual entrepreneurs
require further financial support in terms of working capital to make the
enterprise economically sustainable. This may include immediate and short
term monthly requirement of cash for meeting expenses for purchase of
goods, raw materials and other miscellaneous expenditures etc. The
micro-entrepreneur does not have a regular fixed monthly cash inflow/income
to meet expenses arising out of entrepreneurial activities. To approach a
financial institution for such immediate credit requirement, it requires
procedural documentation and consumes a lot of time. This need for working
capital credit is generally met from informal sources of credit (including
money lenders) which is typically available at high rate of interest.
10.2 In order to support the
micro-entrepreneurs to meet their working capital and miscellaneous credit
needs, DAY-NULM will facilitate access to Credit Cards or MUDRA Card
through banks.
10.3 The SULM in consultation
with the State Level Bankers Committee (SLBC) will finalize the norms,
limits and specifications for issuance of Credit Card (or) MUDRA Card to
the individual entrepreneurs. The General Credit Card Scheme (GCC), which
is being implemented by all scheduled commercial banks or any other variant
of credit cards for enterprise development of banks in urban areas, may be
explored by SULM and SLBC for the same. The Circular on revised GCC scheme
has been issued by RBI notification vide RPCD.MSME&
NFS.BC.No.61/06.02.31/2013-14 dated December 02, 2013 available
on RBI web-site ‘www.rbi.org.in’.
10.4 The ULB will identify the
prospective beneficiaries and will facilitate linkages with banks for
issuance of credit cards. The focus is to initially facilitate issuance of
credit card to cover all the beneficiaries who have availed financial
assistance under SEP. Additionally, other beneficiaries who are running
their own business but have not availed assistance under SEP may also be
covered if they satisfy the norms of issuance of credit cards.
10.5 The targets for the same
may be decided at ULB level and the progress under this component is
aggregated at SULM level and communicated to M/o HUPA periodically.
11. Technology, Marketing and
Other Support
11.1 Micro entrepreneurs often
need support in order to grow and sustain their businesses. Support needed
may be for establishment, technology, marketing, and other services. Micro
entrepreneurs who run very small businesses may need to gain a better
understanding of what the market needs, demand of the products produced by
them, prices, where to sell, etc. Support services under this component are
envisaged with a view to provide an encouraging environment for development
of micro enterprises.
11.2 The City Livelihoods
Centers (CLCs) established under DAY-NULM will offer services to the
micro-enterprises such as in establishment (licenses, certificates
registration, legal services etc.), production, procurement, technology,
processing, marketing, sales, packaging, accounting etc. for long term
sustainability. CLCs will also provide support in taking up feasibility/
assessment studies on market demand and market strategy for products and
services of micro-enterprises.
11.3 All SEP individual and
groups enterprises can avail the services from CLCs as per the norms of
CLCs. The CLCs with support of ULB may also tie up with various other
government schemes which offer services and benefits for micro-enterprise
development for the benefit of prospective beneficiaries.
11.4 The SULM may arrange for
additional funds/professional assistance for the purpose of providing above
services to CLCs.
12. Funding Pattern of SEP of
DAY-NULM
12.1 Funding under this
component will be shared between the Centre and the States as per the
general norms under DAY-NULM.
12.2 The Ministry will allocate
funds to the states on annual basis based on the targets assigned to the
states. The states in consultation with the respective SLBCs and ULBs will
decide the targets and corresponding funds will be allocated to ULBs so that
full reimbursement to the banks on account of Interest subvention is
settled during the financial year and no subvention amount remain overdue
or pending with the States.
13. Monitoring and Evaluation
13.1 The State Mission
management Unit (SMMU) at the State level and City Mission Management Unit
(CMMU) at the ULB level will closely monitor progress of activities /
targets under this component, undertake reporting and evaluation. The SULM
and the ULB/executing agencies shall report timely progress in formats
prescribed by the Mission Directorate from time-to-time, indicating the
cumulative achievement monthly and up to the end of the quarter and key
issues in implementation.
13.2 In addition, under
DAY-NULM, a comprehensive and robust IT-enabled DAY-NULM MIS will be
established for tracking targets and achievements. States and ULBs will be
required to submit their progress reports online and may also use this tool
to monitor progress on the ground. In the spirit of proactive disclosure of
information and ensuring transparency under DAY-NULM, key progress reports
under SEP will also be made available in the public domain in a timely
manner.
13.3 All the SEP beneficiaries
should be visited periodically to assess the impact of the benefit and also
to know any problem being faced by them. The Community Organisers (COs)
should visit all the beneficiaries in their jurisdiction at least once in
three months. The project officer/ technical experts at CMMU level should
visit at least 50% beneficiaries once in three months. The observations
during the field visit should be kept in record and be uploaded on MIS
also.
13.4 During the field visit
mentioned above data on economic status of the beneficiaries should be
collected and be compared with similar data given in loan application form,
to know the impact of the benefit on the economic conditions of the
beneficiaries.
13.5 Impact analysis studies may
also be conducted at suitable interval to assess the impact of benefit
under SEP on the economic status of the beneficiaries.
13.6 To monitor progress of the
targets vis-a-vis achievement under DAY-NULM, Banks are advised to furnish
cumulative progress reports on quarterly basis as per enclosed proforma (Annex III & IV) to the Director, UPA at dupa-mhupa@nic.in as
well as to RBI on email latest by
the end of next month of the quarter to which they relate.
13.7 Unique Code for loans under NULM: Banks are advised to categorise these loans under
Non-Farm sector and use unique sub-code in their database for loans granted
under NULM. Further, separate sub-sub-codes may also be assigned for SEP-I,
SEP-G, SHG and WSHGs. Proper care must be taken while classifying loans
under NULM particularly relating to SHG and WSHGs to enable distinct
identification of these loans vis-à-vis NRLM loans as WSHGs are eligible
for additional 3 percent interest subvention.
ANNEX-I
INTEREST
SUBSIDY CLAIMS UNDER DEENDAYAL ANTYODAYA YOJANA - NATIONAL URBAN
LIVELIHOODS MISSION (DAY-NULM)
1. Name of the Bank:
Submission of Interest subsidy
claims to lend @ 7% p.a. to SEP-I, SEP-G and SHGs under DAY-NULM for
quarter ending (Figs in Rupees):
We hereby apply for sanction and
release of interest subsidy aggregating to
?……………………..
(Rupees……………………………………………………………………………………………………)
covering …………………………………….. Accounts in respect of financial assistance
sanctioned to following constituent accounts numbers as per the details
given below
A) SEP- I (Individual
Enterprise)
No
|
Branch
|
Name
of the borrower
|
Loan
Account No
|
Loan
Amount (?)
|
Interest
(?)
|
|
|
|
|
Sanctioned
|
Disbursed
|
Charged
|
Subsidy
Claimed
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
1
|
|
|
|
|
|
|
|
2
|
|
|
|
|
|
|
|
3
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
B) SEP- G (Group Enterprise)
No
|
Branch
|
Name
of the Group
|
Loan
Account No
|
Loan
Amount (?)
|
Interest
(?)
|
|
|
|
|
Sanctioned
|
Disbursed
|
Charged
|
Subsidy
Claimed
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
1
|
|
|
|
|
|
|
|
2
|
|
|
|
|
|
|
|
3
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
C) SEP-SHG (Self Help Group -
Bank Linkage)
No
|
Branch
|
Name
of the SHG
|
Loan
Account No
|
Loan
Amount (?)
|
Interest
(?)
|
|
|
|
|
Sanctioned
|
Disbursed
|
Charged
|
Subsidy
Claimed
|
1
|
2
|
3
|
4
|
5
|
6
|
7
|
8
|
1
|
|
|
|
|
|
|
|
2
|
|
|
|
|
|
|
|
3
|
|
|
|
|
|
|
|
|
Total
|
|
|
|
|
|
|
(Signature
of the Authorized Officer of the Bank)
Place:
Date and Seal of the Bank
ANNEX-II
Submission
of claims for additional Interest Subvention to lend SEP-Women Self Help
Groups (SEP-WSHGs) at 3% pa under DAY-NULM for the quarter ending:
Name of the Bank:
Statement for the quarterly
claims: Loans disbursed/outstanding (Figs in Rupees)
No
|
Branch
|
Name
of the WSHG
|
Loan
Account No
|
Loan
Amount Disbursed (?)
|
Amount
of Interest subvention (?)
|
1
|
2
|
3
|
4
|
5
|
6
|
1
|
|
|
|
|
|
2
|
|
|
|
|
|
3
|
|
|
|
|
|
|
Total
|
|
|
|
|
We hereby certify that above
loans were repaid on time and the benefit of additional interest subvention
has been passed on to the WSHG’s account, reducing effective rate of
interest to 4% for the prompt payee WSHGs
(Signature
of the Authorised Officer of the Bank)
Place:
Date and Seal of the Bank
Appendix
No.
|
Circular
No.
|
Date
|
Subject
|
1.
|
RPCD.GSSD.CO.BC.NO.26/09.16.03/2014-15
|
14.08.2014
|
2014 Restructuring of SJSRY as
National Urban Livelihoods Mission (NULM)
|
2.
|
FIDD.GSSD.CO.BC.No.57/09.16.003/2014-15
|
28.05.2015
|
National Urban Livelihoods
Mission (NULM)-Reporting Format
|
3.
|
FIDD.GSSD.CO.BC.No.22/09.16.03/2015-16
|
07.04.2016
|
Deendayal Antyodaya Yojana
(DAY)-National Urban Livelihoods Mission (NULM)-renaming of NULM
|
4.
|
FIDD.GSSD.CO.BC.No.04/09.16.03/2016-17
|
01.07.2016
|
Deendayal Antyodaya Yojana
(DAY)-National Urban Livelihoods Mission (NULM)
|
5.
|
FIDD.GSSD.CO.BC.No.03/09.16.03/2017-18
|
01.07.2017
|
Deendayal Antyodaya Yojana
(DAY)-National Urban Livelihoods Mission (NULM)
|
|