Deen Dayal Antyodaya Yojana

Deen Dayal Antyodaya Yojana – (DAY) National Urban Livelihood Mission

It is a Government of India scheme for the helping the poor by providing skill training. Government of India has provisioned ₹500 crore (US$74 million) for the scheme. It replace Aajevika. The targets is training 0.5 million people in urban area per annum from 2016 and in rural area it is training 1 million people by 2017. Further, in urban areas services like SHG promotion, training centres, vendors markets, permanent shelters for homeless will be provided for. The aim of scheme is skill development of both rural and urban India as per requisite international standards

Highlights:

1. Imparting skills with an expenditure of Rs.15,000 – Rs.18,000 on each urban poor;

2. Promotion of self-employment through setting up individual micro-enterprises and group enterprises with interest subsidy for individual projects costing Rs.2.00 lakhs and Rs.10.00 lakhs for group enterprises. Subsidized interest rate will be 7%;

3. Training urban poor to meet the huge demand from urban citizens by imparting market oriented skills through City Livelihood Centres. Each Centre would be given a capital grant of Rs.10.00 lakhs.

4. Enabling urban poor form Self-Help Groups for meeting financial and social needs with a support of Rs.10,000/- per each group who would in turn would be helped with bank linkages;

5. Development of vendor markets besides promotion of skills of vendors; and

6. Construction of permanent shelters for urban homeless and provision of other essential services.