Lok Sabha Question No. 3459 (UNSTARRED), answered on 2016-08-08
Subject: Scheme for Business Initiatives
Ministry: TRIBAL AFFAIRS
Asked by: P.K.SREEMATHI TEACHER

GOVERNMENT OF INDIA (MINISTRY OF TRIBAL AFFAIRS) LOK SABHA QUESTION NO 3459 ANSWERED ON 08.08.2016

## SCHEME FOR BUSINESS INITIATIVES

## 3459. SHRIMATI P.K. SREEMATHI TEACHER:

Will the Minister of TRIBAL AFFAIRS be pleased to state:

- (a) Whether  the  Government  is  implementing/proposes  to  implement  any scheme  for  providing  financial  assistance  to  the  tribals  for  business initiatives;
- (b) If so, the details thereof and the number of beneficiaries therefrom during the last three years and the current year State/UT-wise; and
- (c) the  steps  being  taken  by  the  Government  for  overall  development  of entrepreneurship among the tribals in the country?

## ANSWER

## MINISTER OF STATE IN THE MINISTRY OF TRIBAL AFFAIRS (SHRI JASWANTSINH SUMANBHAI BHABHOR)

(a)  to  (c)  National  Scheduled  Tribes  Finance  and  Development  Corporation (NSTFDC),  under  the  Ministry  of  Tribal  Affairs,  extends  concessional  financial assistance to individuals or group of STs for undertaking income generation/ business activities for their economic empowerment. The financial assistance is extended through State Channelising Agencies and certain PSU Banks/ RRBs and National Cooperative Development Corporation (NCDC) having refinance agreements with NSTFDC for eligible STs upto Double the Poverty Line Income limit which is ₹ 98,000/- p.a. for rural areas and ₹ 1,20,000/- p.a. for urban areas. Some of the prominent schemes of NSTFDC are:

-  Term  Loan  scheme: NSTFDC  provides  Term  Loan  for  any  income generation scheme costing upto ₹ 25.00 lakhs per unit. Financial assistance is extended upto 90% of the cost of the scheme and the balance is met by way of subsidy/ promoter's contribution/ margin money. Interest rate chargeable is 6% p.a. for loan upto ₹ 5 lakhs, 8% p.a. for loans ranging between ₹ 5 lakhs to ₹ 10 lakhs and 10% p.a. for loan exceeding ₹ 10 lakhs on the entire amount of loan.
-  Adivasi  Mahila  Sashaktikaran  Yojana  (AMSY): Under  the  scheme, Scheduled Tribes women can undertake any income generation activity. Loans upto 90% for scheme costing upto ₹ 1 lakh are provided at a concessional rate of interest of 4% p.a.  Micro  Credit  Scheme  for  Self  Help  Groups :  The  Corporation  provides loans  upto ₹ 50,000/-  per  member  and ₹ 5  Lakhs  per  Self  Help  Group  (SHG). Interest rate chargeable is 6% p.a.  Adivasi Shiksha Rrinn Yojana :  Under this  scheme,  financial  assistance upto ₹ 5.00 lakh at concessional rate of interest of 6% per annum is provided to ST  students  for  pursuing  professional/  technical  education  including  Ph.D.  in India. Ministry of Human Resources Development, Govt. of India provides interest subsidy for this scheme, whereby, no interest is payable by a student during the course period and one year or six months after getting the job, as the case may be.  There  is  also  a  provision  for  providing  further  concessional  finance  for undertaking any income generation activity after completion of studies.  Tribal  Forest  Dwellers  Empowerment  Scheme :  Under  the  scheme, NSTFDC provides financial assistance to Scheduled Tribes given land rights under Scheduled Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights) Act, 2006. Loan upto 90% of the scheme costing upto ₹ 1 lakh can be provided  at  rate  of  interest  of  6%  p.a.  This  is  a  new  scheme  introduced  and NSTFDC has requested the SCAs to implement the same. This is a newly launched scheme under which 5 Lakhs per Self Help Group (SHG) through NGOs/ EVAs. The interest rate chargeable is 12% p.a. from members of SHGs against which they will get an interest incentive of 4% on timely
-  Scheme for NGOs/ EVAs: NSTFDC provides loans upto ₹ 50,000/- per member and ₹ payment thus making the effective rate of interest to 8%.

State-wise  funds  disbursed  by  NSTFDC  during  2013-14  to  2016-17  (upto

30.06.2016) and number of beneficiaries is at Annexure-I.

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## Annexure - I

## Annexure referred to in reply to part (b )  of Lok Sabha Unstarred Question No. 3459 for answer on 08 .0 8 .2016 tabled by SHRIMATI P.K. SREEMATHI TEACHER, MP, regarding ' Scheme for Business Initiatives '.

## Statewise Funds Allocated,Released and Utilisation by NSTFDC during the F. Y. 2013-14 to 2016-17 (upto 30.06.2016)

( ₹ in lakhs)

| S.No.   | State             | 2013-14      | 2013-14              | 2014-15      | 2014-15              | 2015-16      | 2015-16              | 2016-17 (upto 30.06.2016)   | 2016-17 (upto 30.06.2016)   |
|---------|-------------------|--------------|----------------------|--------------|----------------------|--------------|----------------------|-----------------------------|-----------------------------|
| S.No.   | State             | Disbursement | No. of Beneficiaries | Disbursement | No. of Beneficiaries | Disbursement | No. of Beneficiaries | Disbursement                | No. of Beneficiaries        |
| 1       | ANDHRA PRADESH    | -            | -                    | -            | -                    | 3313.14      | 1010                 | 691.30                      | 155                         |
| 2       | ARUNACHAL PRADESH | 8.84         | 3                    | 4653.00      | 2350                 | 1863.60      | 36546                | -                           | -                           |
| 3       | ASSAM             | 203.24       | 1087                 | 46.00        | 170                  | 10.00        | 57                   | 172.32                      | 2982                        |
| 4       | CHHATTISGARH      | 1558.97      | 1157                 | 20.53        | 8                    | 933.53       | 344                  | 53.37                       | 67                          |
| 5       | GUJARAT           | 3372.87      | 26850                | 2343.19      | 11885                | 2137.84      | 12192                | 1000.00                     | 10000                       |
| 6       | HIMACHAL PRADESH  | 201.05       | 2219                 | 154.94       | 2866                 | 11.32        | 23                   | 8.50                        | 1                           |
| 7       | JAMMU& KASHMIR    | 0.54         | 1                    | 0.69         | -                    | 271.00       | 169                  | -                           | -                           |
| 8       | JHARKHAND         | 616.32       | 3018                 | 41.67        | 35                   | 204.50       | 606                  | -                           | -                           |
| 9       | KARNATAKA         | 2500.00      | 3267                 | 2500.00      | 1010                 | -            | -                    | -                           | -                           |
| 10      | KERALA            | 76.24        | 88                   | 95.18        | 109                  | 83.92        | 96                   | 17.10                       | 19                          |
| 11      | MANIPUR           | -            | -                    | 200.00       | 1050                 | -            | -                    | -                           | -                           |
| 12      | MAHARASHTRA       | 1027.23      | 1564                 | -            | -                    | -            | -                    | -                           | -                           |
| 13      | MEGHALAYA         | 398.19       | 1252                 | 517.57       | 1973                 | 311.75       | 1287                 | 82.64                       | 263                         |
| 14      | MADHYA PRADESH    | 874.56       | 204348               | 692.99       | 626                  | 687.82       | 537                  | 159.88                      | 137                         |
| 15      | MIZORAM           | 378.15       | 1182                 | 72.00        | 2977                 | 984.72       | 13330                | -                           | -                           |
| 16      | NAGALAND          | 584.01       | 311                  | 210.40       | 46                   | 563.81       | 114                  | -                           | -                           |
| 17      | ODISHA            | 19.33        | 37                   | 97.36        | 82                   | 8.51         | 9                    | -                           | -                           |
| 18      | RAJASTHAN         | 1106.38      | 1650                 | 1043.54      | 1482                 | 321.63       | 485                  | -                           | -                           |
| 19      | TELANGANA         | -            | -                    | -            | -                    | 5000.00      | 21168                | -                           | -                           |
| 20      | TRIPURA           | 716.31       | 666                  | 2581.96      | 1228                 | 73.24        | -                    | 1.99                        | -                           |
| 21      | UTTARAKHAND       | 31.90        | 9                    | 39.20        | 13                   | 338.80       | 137                  | -                           | -                           |
| 22      | WEST BENGAL       | 460.87       | 4427                 | 186.84       | 1745                 | 540.87       | 4714                 | 194.27                      | 1882                        |
|         | TOTAL             | 14135.00     | 253136               | 15497.06     | 29655                | 17660.00     | 92824                | 2381.37                     | 15506                       |