Loan Based Schemes For Safai Karamchari - Swachhta Udyami Yojana – Swachhta Se Sampannta Ki Aur
Category: Utility & Sanitation, Business & Entrepreneurship, Banking,Financial Services and Insurance, Social welfare & Empowerment
Level: Central | State: All
Ministry: Ministry Of Social Justice and Empowerment

Details:
A general term loan scheme by the Ministry of Social justice and Empowerment for Safai Karamchari, Manual Scavengers, and their dependants aged 18 years and above for procurement of sanitation-related vehicles. Under this scheme, term loans are extended through State Channelising Agencies (SCA), Regional Rural Banks(RRBs), and Nationalised Banks to the target group.  
#### Unit Cost
Upto 5 Lacs
#### Capital Subsidy: 
50 % of the unit Cost #### Unit Cost 
 5 to 10 Lacs
#### Capital Subsidy: 
2 Lacs + 25 % of the unit Cost between Rs 5 -10 lac maximum upto 3.25 Lacs #### Unit Cost 
 10 - 15 Lacs
#### Capital Subsidy
 3.25 Lacs #### Note
There will be no beneficiary contribution and the balance amount other than the capital subsidy will be provided as loan under SUY.

Benefits:
Term loan with a maximum unit cost of 
Rs.50.00 lacs
 at an interest rate of
 4%
, for any viable income-generating schemes 
including sanitation-related activities.
A 
rebate of
 
1%
 per annum on interest will be admissible to 
women beneficiaries.
 A 
rebate of 0.5%
 per annum will be extended for the beneficiaries for 
timely repayment. 

Repayment period: 
Up to 10 years
 after an implementation period of 
4 months
 and a moratorium of 
6 months
 and from the date of disbursement of the loan depending on the viability/profitability and repaying capacity of the unit.

Note:
Loans are extended through Channelizing Agencies (CAs) i.e. State Channelizing Agencies (SCAs), Regional Rural Banks (RRBs), and Public Sector Banks (PSBs) to the target group.


Eligibility Criteria:
The following person(s)/entities shall be considered eligible for availing of financial assistance under the various schemes of NSKFDC:- • Safai Karamcharis (including Wastepickers), identified Manual Scavengers and their dependents. 

1. Registered co-operative societies of the target group. 
1.  Legally constituted association/firm promoted by the target group, and
1.  Persons, who produce a certificate from local Revenue Officer/local Municipal Officer/Cantonment Executive Officer/ Railway Officer, Head of the Govt. Departments (i.e. Schools, Colleges, Forest, Health, Education, Animal Husbandry) having rank not less than Gazetted Officer, Elected Members of Municipal Body, Pradhan of Gram Panchayats, and Regional Managers of Regional Rural Banks (RRBs)/Public Sector Banks (PSBs). However, under the MS Act, 2013, a person identified as a Manual Scavenger in a survey, need not provide any certificate once his/her name appeared in the final list of Manual Scavengers prepared by State Governments/Union Territory Administration (https://nskfdc.nic.in/en/content/home/ms-survey-2018, https://nskfdc.nic.in/en/node/79798  ). 
1. Mukhia/ Sarpanch/ President or any other authority equivalent to Pradhan of Gram Panchayat for the issue of Occupation Certificate to Safai Karamcharis/ dependants; and In case of Municipal Bodies without Gazetted Officers, the head of such Municipal Bodies, maybe the Competent Authority.