Tuesday, February 25, 2025
spot_img

Centre approves relaxation in existing criterior for funds allocation to Northeast

Date:

Share post:

spot_img
spot_img

New Delhi: The Union Cabinet on Wednesday has approved relaxation in the existing criteria in the allocation of funds for the NE states, other than Assam, to cover all vulnerable rural household by 2023-24.
The Cabinet has approved providing relaxation in the existing criteria for allocation of funds to make adequate provision for the NE states, other than Assam, to cover under NRLM all vulnerable rural households in these States estimated at two thirds of all the rural households, by the year 2023-24, without linking the allocation to inter-se poverty ratios.
The Cabinet has approved the existing cap of Rs.235.30 crore on the total outlay for Himayat may be replaced with a demand-based allocation and target within the overall budget provision of NRLM, and the scheme will be funded entirely by the Central Government.
The Cabinet has also approved changes in the rural welfare programmes for a focussed and targeted intervention in poverty reduction, expanding the benefits of interest subvention under National Rural Livelihood Mission (NRLM) to 100 more districts and flexibility in allocation to Himayat programme and Deen Dayal Upadhyaya Grameen Kaushal Yojana for skilling and placing more youth from poorer sections, said an official release.
Changes in the implementation framework of NRLM: Planning for targeted reduction of poverty using The Socio-Economic and Caste Census, SECC database and convergence with other social sector interventions – The use of SECC data would enable the Government to introduce much need focussed and targeted intervention in poverty reduction in rural area programmes The NRLM will use the SECC data to undertake planning for poverty free Panchayats involving Panchayati Raj institutions and Self-Help Group (SHG) of households.
The interest subvention to all women SHGs to avail loans upto Rs.3 lakh from Banks at the interest rate of 7 per cent per annum and also an additional subvention of 3% for prompt repayment, bringing the effective rate of interest to 4 per cent is being extended to 100 more districts from the current financial year.
The criteria for identification of districts is as follows: a) All new districts declared as Integrated Action Plan (IAP) districts which were not covered in the earlier list of 150 districts will be included in the list b) The remaining districts will be allocated to the States on a pro-rata basis in proportion to the total number of districts in the State/UT.
The States will identify the eligible districts from among the IAP districts of NRLM c) The States have been granted flexibility to have only a single allocation under NRLM, based on poverty ratio.
The Cabinet has approved removal of existing restriction which limits the allocation of DDU-GKY to 25 per cent of NRLM allocation to enable Ministry to expand its focus, inter-alia, to cover training courses of longer duration for placements in foreign jobs, captive jobs, industry internships, training by accredited institutes and champion employers, and re-skilling/up-skilling of rural poor youth, including rural poor youth who have passed out from ITls/Polytechnic Institutes. (IANS)
The Cabinet has approved the existing cap of Rs.235.30 crore on the total outlay for Himayat may be replaced with a demand-based allocation and target within the overall budget provision of NRLM, and the scheme will be funded entirely by the Central Government. UNI NM ABI AJ 2145

Previous article
Next article
spot_img
spot_img

Related articles

Rs 2,000 crore revenue loss due to Delhi’s liquor policy: CAG report puts AAP in dock

New Delhi, Feb 25: The Comptroller and Auditor General (CAG) report, tabled in the Delhi Assembly on Tuesday,...

Congress leader Sajjan Kumar sentenced to life imprisonment in 1984 anti-Sikh riots case

New Delhi, Feb 25: A trial court on Tuesday sentenced former Congress MP Sajjan Kumar to life imprisonment...

Ties with European allies frayed, US gets Ukraine resolution passed by UNSC after failure at UNGA

United Nations, Feb 25:  In a sign of its relations with Western allies fraying, the US managed to...

Today, the world trusts India’s governance which is constantly reforming: PM Modi

Guwahati, Feb 25: Prime Minister Narendra Modi, while addressing the Advantage Assam Summit in Guwahati on Tuesday, highlighted...