Swarnjayanti Gram Swarozgar Yojana (SGSY)
Funding Pattern : Centre 75% and State 25%
This scheme has been launched by the Govt. of India from April, 1999. This is a holistic programme covering all aspects of Self Employment such as organisation of the poor into self help groups, training, credit, technology, infrastructure and marketing. The earlier programmes of IRDP, DWCRA, TRYSEM, GKY, SITRA and MWS have been merged into this new Self Employment Programme.
Objective
The objective of SGSY is to bring every assisted family above the poverty line within three years. The Planning Commission, Govt. of India has defined the definition of poverty line for the 9th Five Year Plan as Rs.289.31 Paisa per month per capita in the rural areas of Haryana. This scheme lays stress on cluster approach.
Target Group
The target group under this scheme consists of small and marginal farmers, rural artisans, agricultural and non-agricultural labourers etc. living below the poverty line.
Subsidy
Subsidy under SGSY is uniform at 30% of the project cost, subject to a maximum of Rs.7500/- for general category. In respect of Scheduled Castes, this is 50% of the project cost, subject to a maximum of Rs.10000/-. For groups of beneficiaries, the subsidy would be at 50% of the cost of the scheme, subject to a ceiling of Rs.1.25 lakhs. There will be no monetary limit on subsidy for Irrigation Projects. Back ended Subsidy is being provided under this scheme. Banks would disburse the full project cost including subsidy to the beneficiaries as loan.
Earmarking of SGSY funds at District Level
Out of the total allocation of the district, 20% funds are earmarked for infrastructure development, 10% for training and 10% for Self Help Groups as revolving money. 75% of SGSY assistance will be in activity clusters and 25% for individual schemes.
Activities
The thrust of the scheme is on the formation and functioning of Self Help Groups in the rural areas. As per guidelines, the number of membership per group should be between 10 to 20 members. The key activities/schemes are being identified at the district and block levels for the groups as well as individual beneficiaries. Generally, the financial package in the shape of subsidy and bank loan is being provided for the activities like dairy, bullock/camel carts, karyana shops, village industries etc.