Swarnajayanti Gram Swarozgar Yojana {स्‍वर्ण जयंती ग्राम स्‍वरोजगार योजना}

Updated on Aug 22, 2020

Overview

A scheme launched as crucial anti-poverty, to support the rural poor, by forming them into Self Help Groups (SHGs), Swarna Jayanti Gram Swarozgar Yojana (SGSY) is a scheme that was launched by the Government of India, on 1st April, in the year 1999. All the costs of Swarna Jayanti Gram Swarozgar Yojana (SGSY), are being taken care of by the Government of India (75%) and The State Government (25%).

SGSY aims to help the poor by giving them training for skill development, to help them get a credit linkage with individual financial institutions, and to support them in every way possible, in terms of marketing of the goods produced by them or by rendering infrastructure. 

Background

To provide a subsidy to the Revolving Fund and give Economic Assistance to the SHGs, the funds of Swarna Jayanti Gram Swarozgar Yojana (SGSY) are used. With the use of these funds, the groups are formed, and training for essential skill development is also given. For developing the infrastructure needed for promoting and other activities of the SHGs, up to 20% of funds under SGSY can be used.

Once the first grading is done, The Self Help Groups are given the Fund of Rs. 50,000 as a part of their first linkages. 

As a part of the 2nd linkages, Rs. 1 lakh is given, and as a part of 3rd linkages, Rs.1 lakh 50 thousand are provided. With the maximum eligibility of subsidy of 50% of the cost of the project with a limit of Rs. 1 lakh 25 thousand, once the second grading is done, the groups are given economic assistance.

Objectives 

The main Objective of Swarna Jayanti Gram Swarozgar Yojana (SGSY) is to income that is sustainable for the rural poor.

Formation of numerous small enterprises in the rural areas of the country.

It is imagined that every family that will come under SGSY will be aimed to be brought above the poverty line in 3 years.

Scope

  • SGSY aims to cover all the families in the country, who are below the poverty line.
  • To cover 30% of the poor in each section of our country, 50% of the benefits are reserved for SCs/STs, 40% of them are reserved women and 3% of the profits are reserved for physically challenged disabled people keeping in mind, availability of the funds.
  • The strategy of Swarna Jayanti Gram Swarozgar Yojana (SGSY)
  • All the features of employment like the creation of Self Help Groups(SFGs), Training and skill development of the rural poor, development of infrastructure and marketing, and a focus on technology will become under Swarna Jayanti Gram Swarozgar Yojana (SGSY), as it is a Credit-cum-subsidy program.
  • To increase the role of women, efforts up to full extent will be made to get the involvement of more and more women in the Self Help Groups (SFGs).
  • With the approval of the Panchayat Samitis, 4-5 activities will be described for each section, as the main focus of SGSY is on activity clumps. 
  • The Gram Sabha will tick the list of households that are below the poverty line, taken out by the BPL census.
  • Appropriate attention will be given to the development of the skills and the betterment of technology and marketing for the rural poor, who come under the initiative of SGSY, also known as Swarozgaris.

Features 

  • There will be a development of small enterprises in the rural areas of the country.
  • With the approval of the Panchayat Samitis, 4-5 activities will be described for each section, as the main focus of SGSY is on activity clumps. 
  • Once the first grading is done, The Self Help Groups are given the Fund of Rs. 50,000 as a part of their first linkages. 
  • As a part of the 2nd linkages, Rs. 1 lakh is given, and as a part of the 3rd linkages, Rs.1 lakh 50 thousand are provided. With the maximum eligibility of subsidy of 50% of the cost of the project with a limit of Rs. 1 lakh 25 thousand, once the second grading is done, the groups are given economic assistance.
  • It is imagined that every family that will come under SGSY will be aimed to be brought above the poverty line in 3 years.
  • SGSY aims to promote multiple credits instead of a one-time credit injection.
  • Importance will be given to the development of skills with the help of appropriate pieces of training.
  • Under SGSY, technology will be improved.
  • The relevant promotion will be given to the goods produced by the rural poor, and marketing will also be done for them.
  • To cover 30% of the poor in each section of our country, 50% of the benefits are reserved for SCs/STs, 40% of them are reserved for women, and 3% of the profits are reserved for physically
  • 15% of the funds that are under SGSY are kept aside for specific projects of the National level, including the actions that are to be taken in the districts, individually or over individual communities.
  •  All the costs of Swarna Jayanti Gram Swarozgar Yojana (SGSY), are being taken care of by the Government Of India (75%) and The State Government(25%).

National Rural Livelihood Mission (NRLM)

SGSY was moulded, changed, and now it has become National Rural Livelihood Mission (NRLM). Launched with a budget of $5.1 Billion, in the year 2011, NRLM covers all the problems that SGSY had and is also one of the most important schemes of The Ministry Of Rural Development. National Rural Livelihood Mission (NRLM) has gotten the tag of being one of the most significant initiatives that are made to improve the quality of the livelihood of the poor.

World Bank has given an amount of $1 Billion to this initiative. 

The aim of National Rural Livelihood Mission (NRLM) is to bring out the skills and capabilities of the poor, polish them in the best way possible, to help them come out of the pit of poverty and to allow them to lead a good life.

Mission

The objective of NRLM is to help the poor in developing skills, providing them with appropriate training, and help them to grab excellent employment opportunities and further allow them to have the right livelihood.

Objectives And Approaches

NRLM aims at tackling the problems faced by the poor by providing them with the required information, knowledge, appropriate skills, financial support, and other essential things.

To help build a better world for the poor, NRLM works on three things- Betterment of the existing resources of the poor, allowing the poor to teach skills to get a job in the outside world, helping them to create a business for themselves and being self-employed.

National Rural Livelihood Mission also tends to work based on a demand-driven strategy. 

If you're in the state of Tamil Nadu, you can learn more about this scheme on its official website.

Frequently Asked Questions

Q. When did Swarna Jayanti Gram Swarozgar Yojana(SGSY) get Launched? Who launched it?

Swarna Jayanti Gram Swarozgar Yojana was launched by The Government Of India, on 1st April 1999.

Q. Who covers the costs of Swarna Jayanti Gram Swarozgar Yojana?

All the costs of Swarna Jayanti Gram Swarozgar Yojana (SGSY), are being taken care of by the Government Of India (75%) and The State Government (25%).

Q. When did the National Rural Livelihood Mission (NRLM) get Launched?

Launched in the year 2011, NRLM is also one of the most important schemes of The Ministry Of Rural Development.

Q. What is the aim of Swarna Jayanti Gram Swarozgar Yojana (SGSY)?

SGSY aims to help the poor by giving them training for skill development, to help them get a credit linkage with individual financial institutions, and to support them in every way possible, in terms of marketing of the goods produced by them or by rendering infrastructure.

Q. What is the aim of the National Rural Livelihood Mission (NRLM)?

The aim of National Rural Livelihood Mission (NRLM) is to bring out the skills and capabilities of the poor, polish them in the best way possible, to help them come out of the pit of poverty and to allow them to lead a good life.


Categories

WRITTEN BYVarsha Verma

Add comment