Swarnajayanti Gram Swarozgar Yojana launched by the Ministry of Rural Development with the aim to establishing a large number of micro enterprises in the rural areas. The Swarnajayanti Gram Swarozgar Yojana (SGSY) is a scheme under which BPL families are formed as self-help group and funded through bank loans and government funds. The main objective of SGSY is to help all such families cross the poverty line and make them employable and capable.
Swarnajayanti Gram Swarozgar Yojana (SGSY)
The Swarnajayanti Gram Swarozgar Yojana (SGSY) is operative from 1st April 1999 in rural area of the country. SGSY is holistic scheme covering all aspects of self-emloyment such as organization of the poor in Self Help Groups, training, credit, technology, infrastructure and marketing. The SGSY scheme will be funded by the financial institutions, Panchayat Raj Institutions, District Rural Development Agencies, Non Government Organisation (NGOs), Technical institutions in the district, will be involved in the process of planning implementation and monitoring of the scheme.
The govt. has managed this gargantuan task through the launch and operation of the Swarnajayanti Gram Swarozgar Yojana (SGSY) scheme, which target economically weaker section of the society and helps them organize and establish Self-Help Groups. These micro-enterprise are funded by the government, NGOs, individual philanthropist, CBOs, Banks and other sources of finance.
The Swarnajayanti Gram Swarozgar Yojana establishes Activity Groups, grouping together worker based on their individual skills and talents. Under the SGSY scheme, funding for these self-Help Assemblies and Activity Group is routed through NGOs, bank and monetary organizations with social outreach programs.
Swarnajayanti Gram Swarozgar Yojana (SGSY) Application Form PDF
Applicant can download the Swarnajayanti Gram Swarozgar Yojana (SGSY) application from government of Meghalaya Community and Rural Development Department.
How Swarnajayanti Gram Swarozgar Yojana works
Poor Families that were below the Poverty Line were organized into Self-Help group which were funded through a mix of government funds and small loans from banks. The primary function of the Self-Help group was to help these BPL families and generate a sustainable source of profits through a joint effort.
The families were able to help themselves out of the scarcity line, the Self Help group were organized in such a way that every member of the group coulSd contribute to the achievement of a common objective. Groups were organized on the basis of common skill, the skill level of the member and the amount of time and work they could contribute.
Swarnajayanti Gram Swarozgar Yojana Subsidy
Subsidy under Swarnajayanti Gram Swarozgar Yojana will be uniform at 30% of the prospect cost, subject to a maximum of Rs.7,500. In respect of SC/ST it will be 50% of the project cost to a maximum of Rs.10,000. for groups of Swarozaries (SHGs) the subsidy would be at 50% of the cost of the project, subject to a ceiling of Rs. 1.25 lakhs. There will be no monetary limit on subsidy for irrigation projects. Subsidy under SGSY will be back ended.
Features of Swarnajayanti Gram Swarozgar Yojana
- Swarnajayanti Gram Swarozgar Yojana has been designed to cover all aspects of self employment such as organisation of the poor into self-help grroup, training credit, technology, infrastructure and marketing.
- The objective of SGSY is to ensure that assisted poor families have a monthly income of at least Rs.2000 so that to bring those families above the poverty line in 3 year.
- The assisted families may be individual (Swarozgari) or groups (self help groups).
- SGSY Yojana will particularly focus on the most deprived groups among the rural poor.
- The Scheme provide for the creation of Risk Fund with 1% SGSY fund at District Level.
Swarnajayanti Gram Swarozgar Yojana Guidelines
The guidelines of Swarnjayanti Gram Swarozgar Yojana can be downloaded from the below link in PDF