(a) the number of women Self Help Groups (SHGs) established as part of DAY-NRLM schemes;
(b) the main source of funding/revenue for these SHGs; and
(c) whether there has been a positive impact on the socio-economic condition of women since the implementation of this programme and if so, the details thereof?
MINISTER OF RURAL DEVELOPMENT
(SHRI NARENDRA SINGH TOMAR)
(a): Till 31st May, 2019, 54.07 lakh women Self Help Groups (SHGs) have been formed under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM).
(b): DAY-NRLM provides Revolving Funds (RF) at the rate of Rs.10,000-15,000 per SHG and Community Investment Support Fund (CISF) to the extent of Rs.2,50,000 per SHG to support their income generating and livelihoods activities. Apart from this DAY-NRLM also facilitates credit mobilisation for SHGs in the form of bank loans. In order to reduce the effective cost of bank credit to women SHGs, DAY-NRLM provides interest subvention to SHGs on loans from banks from FinancialYear 2013-14.All women SHGs whose members are from the DAY-NRLM target group, are eligible for receiving interest subvention equal to the difference between the borrowing rate of interest and 7% for a loan outstanding up to Rs.3.00 lakh. In addition, in respect of 250 backward districts, all women SHGs can avail loans up to Rs.3.00 lakh each at 7% rate of interest per annum, with an additional interest subvention of 3% on prompt repayment, reducing the effective interest rate to 4%.
(c): An independent assessment of DAY-NRLM carried out by Institute of Rural Management Anand (IRMA) in January – March, 2017 has come out with the following findings:
(i) The programme has helped to enhance the productive assets of the target groups.
(ii) It has also developed saving habit amongst the beneficiaries and increased their capacity to avail higher loans.
(iii) The household income of the target group has shown a 22% increase due to income from enterprises.
The programme has significantly contributed to development of social capital and empowerment of women from economically weaker sections in the rural areas.
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