Lok Sabha Question No. 377 (UNSTARRED), answered on 2017-07-18
Subject: Green Business Scheme
Ministry: SOCIAL JUSTICE AND EMPOWERMENT
Asked by: HARI BABU KAMBHAMPATI

## GOVERNMENT OF INDIA MINISTRY OF SOCIAL JUSTICE AND EMPOWERMENT LOK SABHA

UNSTARRED QUESTION NO. 377 TO BE ANSWERED ON 18.07.2017

## GREEN BUSINESS SCHEME

## 377. DR: KAMBHAMPATI HARIBABU:

## Will the Minister of SOCIAL JUSTICE AND EMPOWERMENT be pleased to state:

- (a) the details of the welfare schemes implemented by the National Scheduled Castes Finance and Development Corporation (NSFDC) including Green Business Scheme; being
- (b) the salient features of the Green Business Scheme along with number of beneficiaries since inception of the scheme;
- whether the Government on the functioning of the National Scheduled Castes Finance and Development Corporation (NSFDC); and
- (d) if the details and outcome thereof? SO,

## ANSWER

## MINISTER OF STATE FOR SOCIAL JUSTICE AND EMPOWERMENT (SHRI VIJAY SAMPLA)

- (a) The details of' the welfare schemes including Green Business Scheme   being implemented by the National Scheduled Castes   Finance   and  Development   Corporation (NSFDC) are at Annexure-[
- (b) The salient features of Green Business Scheme are at Annexure-II. The scheme was launched in 2014-15 and the scheme has covered 2298 beneficiaries as on 30.06.2017 since its inception.
- (c) (d) Yes. In 2014-15,the Ministry had commissioned an External Evaluation Study of National Scheduled West Bengal, Tripura; Himachal Pradesh; Punjab,  Karnataka; Kerala; Tami] Nadu; Gujarat; Maharashtra and Rajasthan. The details and outcome of the study are at Annexure-III:

18.07.2017 Hon'ble MP Dra Kambhampati Haribabu regarding Green Business\_Scheme' for

## SCHEMES MMPLEMENTED THROUGH STATE CHANNELIZING AGENCIES (SCAs) CHANNELIZING AGENCIES(CAs)

The    Scheduled Caste persons  having Annual  Family Income below Double the Poverty Line (DPL) limit [Presently, DPL limits are upto Rs.98,000/- for rural areas & Rs.1,20,000/- for urban areas] are eligible for getting benefit of NSFDC schemes that are implemented through State Channelizing Agencies (SCAs), Public Sector Banks, Regional Rural Banks (RRBs), Non-Banking Financial Institutions Micro Finance Institutions (NBFC-MFIs) and other Institutions.

## Credit Based/Self-Employment Loan Schemes

| Scheme                                  | Unit Cost                     | Maximum Loan limit 90% of Unit Cost upto   | Interest Per Annum   | Repayment Period   |
|-----------------------------------------|-------------------------------|--------------------------------------------|----------------------|--------------------|
| Term Loan (TL)                          | Rs.30.00 lakh Upto            | Rs.27.00 lakh                              | 6-10%                | Within 10 years    |
| Micro-Credit Finance (MCF)              | upto Rs.50,000                | Rs.45,000                                  | 5%                   | Within 3 Years     |
| Mahila Samriddhi Yojana (MSY)           | Rs.50,000 upto                | Rs.45,000                                  | 4%/                  | Within 3 Years     |
| Mahila Kisan Yojana (MK Y)              | upto Rs.50,000                | Rs.45,000                                  | 5%/                  | Within 10 Years    |
| Shilpi Samriddhi Yojana (SSY)           | upto Rs.50,000                | Rs.45,000                                  | 5%                   | Within 5 Years     |
| Laghu Vyavasay Yojana (LVY)             | upto Rs.5.00 lakh             | Rs.4.50 lakh                               | 6%/                  | Within 6 years     |
| Nari Arthik Sashaktikaran Yojana (NASY) | Under any of the above scheme | Under any of the above scheme              | 4%/ (2% handholding  | Within 10 Years    |

|                                                     |                                                                                                                                |                                                                                                                                | grant upto Rs.4,000/ - per unit)   |                                                                      |
|-----------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------|------------------------------------|----------------------------------------------------------------------|
| Green Business Scheme (GBS)                         | Rs.7.50 lakh Above Rs.7.50 lakh upto Rs.15.00 lakh Above Rs.15.00 lakh & upto Rs.30.00 lakh upto                               | Rs.6.75 lakh Rs.13.50 lakh Rs.27.00 lakh                                                                                       | 4%/ 6%/ 7%/                        | Within 10 years                                                      |
| Stand-up India                                      | Above Rs.10.00 lakh upto Rs.30.00 lakh                                                                                         | Rs.27.00 lakh                                                                                                                  | 9-10%/                             | As per the Stand-up India Scheme norm.                               |
| Educational Loan Scheme (ELS)                       | Rs.10.00 lakh or 90%/, whichever is less (Studies in India) Rs.20.00 lakh or 90%, whichever is less (Studies Abroad) upto upto | Rs.10.00 lakh or 90%/, whichever is less (Studies in India) Rs.20.00 lakh or 90%, whichever is less (Studies Abroad) upto upto | 4%/ (0.5% rebate for women)        | Within 10 Years Rs.7.50 lakh Within 15 Years above Rs.7.50 lakh upto |
| Vocational Education & Training Loan Scheme (VETLS) | upto Rs.1.50 lakh (100%)                                                                                                       | upto Rs.1.50 lakh (100%)                                                                                                       | 4%/ (0.5% rebate for women)        | Within 5 Years upto Rs.1.00 lakh Within 7 Years above Rs.1.00 lakh   |

NSFDC provides loans upto 90% of unit cost (except that in VETLS where it is 100%) and remaining share is provided by Channelizing Agencies and in some cases partly by promoters as per the Lending Policy. Except in ELS and VETLS, in all other schemes, subsidy Rs.10,000/- or 50%/ of the unit cost; whichever is per unit is provided by State Channelizing Agencies from Special Central Assistance to Scheduled Caste Sub-Plan (SCSP) to the Below Poverty Line (BPL) beneficiaries. less,

## SCHEME IMPLEMENTED THROUGH NBFC-MFI

| Scheme                              | Unit Cost      | Maximum Loan limit upto 90% of Unit Cost   | Interest Per Annum         | Repayment Period   |
|-------------------------------------|----------------|--------------------------------------------|----------------------------|--------------------|
| Aajeevika Microfinance Yojana (AMY) | Rs.60,000 upto | Rs.54,000                                  | 13%/ (1% rebate for women) | Within 3 Years     |

Under AMY, the beneficiaries shall be eligible to interest subvention 2%/ per annum from NSFDC o timely full repayment of dues on yearly basis. The amount shall be credited  by NSFDC   directly to the account of the beneficiaries by Direct Benefit Transfer (DBT) after receiving information from NBFC-MFIs about prompt repayment made by the beneficiaries subject to full repayment made by NBFC-MFIs. get

## Skill Development Training Programmes

- 100% Course fee and Stipend Rs.1,500/- per month per trainee provided as Grants,
- NSFDC  s Skill Development   Training   Programmes are National Skill Qualification Framework (NSQF) compliant and in line with the Common Norms for Skill Training of Ministry of Skill Training and Entrepreneurship:
- Short term Skill Development Training Programme in job oriented areas such as Apparel  Technology, Computer Technology, Mobile Repair and Automobile Repair etc. organized for   unemployed youths of the target group through Government/Semi Government/Autonomous Training Institutions/Universities/Deemed Universities/Sector Skill Councils/ Sector Skill Council affiliated Training Providers.

## Annexure-ILin Reply to Part (b)of\_Lok Sabha Unstarred Question No377 for\_18.07.2017 by Hon'ble MP Dr: Kambhampati Haribabu\_regarding

## Green Business \_Scheme

The scheme was introduced on 04.12.2014 and revised on 14.01.2016 & 17.04.2017.

## Objective

To provide financial assistance in the form of loan for the activities which could tackle the climate change alongwith income generation. The income generating activities which could mitigate the Green House effect or could be classified under   adaptation initiatives would be   covered under the scheme.

## (ii)  Indicative Schemes

- Battery/Electric Vehicle (E-rickshaw)
- Compressed air vehicle
- Solar energy gadgets
- Poly houses

## (iii) Unit Cost

NSFDC provides loan for project(syunit (s) costing up to Rs.30.00 lakh.

## (iv) Quantum of Assistance

- NSFDC shall provide need based as permissible under NSFDC Term Loan Lending Policy. loans
- Subsidy provided by other Government agencies and subsidy provided to Below Poverty Line (BPL) beneficiaries under the Central-Sector Scheme of Special Central Assistance to the Scheduled Castes Sub-Plan to the extent of Rs.10,000/- or 50% of the unit cost; whichever is less.
- Promoter   contribution and after   taking   into consideration the  margin money provided SCAS/CAs. by being

## Interest Rates

| SL No.   | Unit Cost                                | Interest Per Annum chargeable to   | Interest Per Annum chargeable to   |
|----------|------------------------------------------|------------------------------------|------------------------------------|
|          |                                          | SCAs                               | Beneficiaries                      |
|          | Upto Rs.7.50 lakh                        | 2%/                                | 4%/                                |
|          | Above Rs.7.50 lakh & upto Rs.15.00 lakh  | 3%                                 | 6%                                 |
|          | Above Rs.15.00 lakh & upto Rs.30.00 lakh | 4%                                 | 7%/                                |

## (vi) Repayment Period

The loan shall be in quarterly installments, within a maximum period of 10 years including moratorium period. repaid

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## No377 for 1807.2017 by Hon'ble MP Dr: Kambhampati Haribabu regarding 'Green Business\_Scheme'

## Details and Qutcome of external evaluation study of NSFDC commissioned by Ministry

The   Ministry had commissioned an external evaluation study of  National Scheduled Castes Finance and Development Corporation in the States of West Gujarat; and Maharashtra Rajasthan   during 2014-15\_ The study was conducted by Mls Haryali Centre for Rural Development, New Delhi.

The broad objective of the evaluation study was to evaluate the functioning of NSFDC and its impact on the economic development of its target group\_ The study covered the beneficiaries who had availed loan during 2010-11,2011-12 & 2012-13 under NSFDC Schemes.

The outcomes of the study are given as under;

| Financial Year   | StatelUT                                                                                                      | Sample Size   | Outcome (Major Findings)                                                                                                                                                                                                                                                    |
|------------------|---------------------------------------------------------------------------------------------------------------|---------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2014-15          | Gujarat; Kerala, Punjab, Himachal Pradesh, Karnataka; Maharashtra, Rajasthan, Tamil Nadu; Tripura West Bengal | 5,041         | a) 87%/ beneficiaries were found to have utilized the funds for the intended purpose_ b) 66% beneficiaries were found to be women. c) 78%/ beneficiaries were found to be residing in rural areas. d) 70% beneficiaries were found to have income upto Rs.4,800/- per month |

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