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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.
 
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/-