Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM)
The DAY-NULM is a mission aimed at providing sustainable livelihoods to urban poor through skill training, entrepreneurship development, and financial assistance.
The selection of beneficiaries involves a task force at the Urban Local Body (ULB) level, which plays a crucial role in sponsoring applications.
Educational qualifications and training requirements vary for different components, including Employment through Skills Training and Placement (EST&P), Entrepreneurship Development Program (EDP), and follow-up entrepreneurial support.
Financial assistance is provided through a pattern of subsidies, with procedures outlined for interest subsidy to banks and settlement of claims.
Individual enterprises (SEP-I) are eligible for loans and subsidies, subject to certain conditions, including age, project cost, collateral guarantee, repayment, and margin money.
The mission aims to provide sustainable livelihoods to urban poor through a range of initiatives and financial support.
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