A contributory Loan scheme by Ministry of Social justice and Empowerment for individual beneficiaries/self help groups of Liberated Safai Karamchari, Manual Scavengers and their dependants aged 18 years and above, for setting up A Sanitary Marts (SM) is a one-stop-shop for all things for sanitation
A contributory Loan scheme by Ministry of Social justice and Empowerment for individual beneficiaries/self help groups of Liberated Safai Karamchari, Manual Scavengers and their dependants aged 18 years and above, for setting up A Sanitary Marts (SM) is a one-stop-shop for all things for sanitation
The "Sanitary Marts Scheme" has been launched by the Ministry of Social Justice and Empowerment, Government of India and implemented by the National Safai Karamcharis Finance & Development Corporation. Under the scheme, financial assistance would be extended to individual beneficiaries/self-help groups of liberated manual scavengers/safai karamcharis and their dependents for the setting up of sanitary marts.
<br>
> Financial Assistance
Quantum of loan: 90% of the total cost with a maximum of ₹15,00,000/-.- Promoters’ Contribution: 10% of the total cost of a Sanitary Mart will be brought in by the beneficiaries- Interest: Interest payable by the beneficiaries shall not exceed 7% p.a. (1% p.a. rebate for women beneficiaries and 0.50% rebate for timely repayments.)- Repayment: Term loans drawn from NSKFDC will be required to be repaid upto 10 years in quarterly installments.- Moratorium: A moratorium period of 6 months in addition to the implementation period of 4 months will be allowed.
<br>
Step 1: Offline application
> Application Process • The loan applications are submitted by the beneficiaries to the District Offices of State Channelizing Agencies (SCAs) of NSKFDC/ Branches of Regional Rural Banks(RRBs)/Nationalised Bank. • The District Offices of SCAs/Branches of RRBs/Nationalised Banks send these applications after scrutiny to their Head Offices. • The viability of the project proposals are being appraised by the SCAs/ RRBs/Nationalised Banks and the viable projects are sent to NSKFDC along with their recommendations. > Post-Application Process • The said project proposals are also appraised by the Project Appraisal Committee of NSKFDC and the proposals which are found to be in order, are placed before the Board of Directors for consideration and sanction. After sanction by the Board of Directors of NSKFDC, the sanction letters, also called Letter of Intents, are issued to the SCAs/RRBs/Nationalised for acceptance. • After acceptance of the terms and conditions of the sanction and execution of loan agreement/other documents, funds are released to the SCAs/RRBs/Nationalised Bank for onward disbursement to the beneficiaries. The release of funds is being made by NSKFDC on receipt of demand from the SCAs/RRBs/Nationalised Banks after considering all the parameters of release as per the Lending Policies & Guidelines (LPG) of NSKFDC. <br>
The scheme is implemented by National Safai Karamcharis Finance and Development Corporation (NSKFDC). <br>
Eligible applicants include: Safai Karamcharis, including waste pickers Identified Manual Scavengers and their dependents Registered cooperative societies of Safai Karamcharis Legally constituted associations or firms promoted by the target group <br>
No income limit has been fixed for availing financial assistance under the scheme. <br>
Beneficiaries can receive up to 90% of the total project cost, subject to a maximum loan amount of ₹15 lakh. <br>
Applicants may provide certificates issued by local Revenue Officers, Municipal Officers, Cantonment Executive Officers, Railway Officers, Gazetted Officers, elected municipal members, Gram Panchayat Pradhans, or Regional Managers of RRBs/Nationalised Banks. <br>
No. Under the MS Act, 2013, identified Manual Scavengers whose names appear in the final survey list prepared by State Governments or UT Administrations are not required to submit additional certificates. <br>
Yes. Priority is given to women beneficiaries, differently-abled persons, and economically weaker scavengers. <br>
Applications must be submitted to District Offices of State Channelizing Agencies (SCAs) of NSKFDC or branches of Regional Rural Banks (RRBs)/Nationalised Banks. <br>
Applications are scrutinized by SCAs/RRBs/Nationalised Banks and forwarded to NSKFDC for appraisal. After approval by the Board of Directors of NSKFDC, funds are released to the lending agencies for disbursement to beneficiaries. <br>
The beneficiary must contribute 10% of the total cost of establishing the Sanitary Mart. <br>
Applications are accepted only on the official government portal.
Open Official WebsiteThe scheme aims to provide financial relief to beneficiaries of the Gujarat Housing Board and Slum Clearance Cell who have pending installment dues by offering a complete waiver of penalty amounts. It benefits tenants and property allottees by waiving 100% penalties on arrears if paid by 31st March.
The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
The "40% subsidy on Hank Yarn, Dyes & Chemicals Scheme" is a Subsidy Scheme by the Dept. of Handlooms & Textiles, Govt. of Andhra Pradesh. The assistance will be in the form of Grant from the State Govt. The subsidy will be available only on purchases / procurements from NHDC & APCO.
The scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.
The scheme aims to support Scheduled Tribe (ST) individuals in purchasing vehicles for self-employment purposes. Under this scheme, tribal beneficiaries availing bank loans for vehicle purchase with interest subsidy. This financial support helps reduce the repayment burden on tribal entrepreneurs.