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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/septic tank cleaner is eligible.
INCOME LIMIT :-
No Income limit
LOAN LIMIT :-
Up To Rs.10.00 Lacs
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/-     4% per Annum(For women beneficiary),
5% per Annum
2 For Projects above Rs.25,000/- 6%
SUBSIDY :

Capital subsidy will be provided upfront to the beneficiaries in a scaled manner;

Sr. No Projects Percentage
1 For Projects Up To Rs.25,000/- @ 50% of project cost
2 For Projects above Rs.25,000/- @25% of the project cost with a minimum of Rs.12,500/- & maximum of Rs.20,000/-
Definition of Scavenger :-

The scheme defines scavenger as "one who is partially or wholly engaged in the obnoxious and inhuman occupation of manually removing the night soil and Flith.