Self Employmment Scheme For Rehabilitaticn Of Manual Scavengers[SRMS]
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FINANCING PATTERN FOR REHABILITATION:-
This scheme is launched by Govt. of India to rehabilitate the manual scavengers.
ELIGIBILITY:-
Any identified scavenger is eligible.
Any identified scavenger is eligible.
INCOME LIMIT :-
No Income limit
No Income limit
RATE OF INTEREST :-
The rate of interest chargeable from the beneficiaries will be as follows;
Sr.No | Projects | Percentage |
---|---|---|
1 | For Projects Up To Rs.25,000/- | 5% per Annum( 4% per annum for women beneficiary), |
2 | For Projects above Rs.25,000/- | 6% |
SUBSIDY :
Provision of Capital subsidy based on project cost :-
BACK-END CAPITAL SUBSIDY AS GIVEN BELOW :-
Sr. No | Range of Project Cost (Rs) | Rate of Subsidy |
---|---|---|
1 | Upto 2,00,000 | @ 50% of project cost |
2 | 2,00,000 to 5,00,000 | Rs 1 lakh + 33.3% of project cost between Rs.2-5 lakh |
3 | 5,00,000 to 10,00,000 | Rs 2 lakh+25% of project cost between Rs.5-10 lakh |
4 | 10,00,000 to 15,00,000 | Rs.3,25,000/- |