Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

RBI Master Circular Link

Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

The DAY-NULM aims to reduce poverty and vulnerability of urban poor households by enabling them to access gainful self-employment and skilled wage employment opportunities.

Selection of Beneficiary and Procedure for Sponsoring Applications: A Task Force at the Urban Local Body (ULB) level will select beneficiaries and sponsor applications.

Educational Qualifications and Training Requirement: Various training programs are outlined, including Employment through Skills Training and Placement (EST&P), Entrepreneurship Development Program (EDP), and follow-up entrepreneurial support to individual and group entrepreneurs.

Pattern of Financial Assistance: Financial assistance will be provided through interest subsidy to banks, with two procedures outlined for claim settlement.

Individual Enterprises (SEP-I)-Loan & Subsidy: Eligibility criteria for individual enterprises include age, project cost, collateral guarantee on bank loan, repayment, margin money, and type of loan.

The Master Circular outlines the guidelines and procedures for the implementation of DAY-NULM, aiming to improve the livelihoods of urban poor households.

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Download: Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)

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