Master Circular on Self Employment Scheme for Rehabilitation of Manual Scavengers (SRMS)
The scheme aims to rehabilitate all remaining manual scavengers and their dependents. Banks were advised to complete the implementation by December 31, 2009, with spillover cases up to March 31, 2010.
Objective: To provide self-employment opportunities to manual scavengers and their dependents.
Eligibility: Manual scavengers and their dependents.
Definition of Scavenger: A person engaged in manual scavenging, including those who have been liberated from scavenging but are still dependent on it.
Salient Features: The scheme provides financial assistance for self-employment projects, training, and subsidy.
Funding: Banks will provide loans to eligible beneficiaries.
Repayment: Loans will be repaid by the beneficiaries.
Subsidy: A subsidy of 50% of the project cost, up to a maximum of ₹25,000, will be provided.
Implementing Agencies: National Safai Karamcharis Finance and Development Corporation (NSKFDC) and other agencies identified by the Ministry of Social Justice & Empowerment.
Role of Banks: Banks will provide loans and monitor the progress of the scheme.
Types of Projects: Projects will be identified by the implementing agencies, with an indicative cost of ₹50,000 to ₹1 lakh.
Training: Training will be provided to beneficiaries to enable them to manage their projects effectively.
Monitoring and Evaluation: A cumulative monthly progress report will be submitted by banks to the RBI.
Chat with the Master Circular: