Rs 1,000 crore scheme's key focus is to
develop skills of 5 lakh urban poor
New Delhi:
The BJP government has unveiled a new poverty alleviation scheme which will cater to entire urban population.
Termed as ‘Deen Dayal Antyodaya Yojana – DAY’, the scheme, under which Rs.1,000 cr has been provisioned for urban poverty alleviation during 2014-15, will cater to 4,041 statutory cities and towns.
The Government announced an overarching scheme for uplift of urban and rural poor through enhancement of livelihood opportunities through skill development and other means. The scheme has been named as ‘Deen Dayal Antyodaya Yojana – DAY’.
The announcement was made by M Venkaiah Naidu, Minister of Housing & Urban Poverty Alleviation and Nitin Gadkari, Minister of Rural Development at a National Convention on Skills for Rural and Urban Poor.
Under the current urban poverty alleviation programmes, only 790 cities and towns are covered and the government has decided to extend these measures to all the 4,041 statutory cities and towns, there by covering almost the entire urban population, the ministers stated.
Announcing the details of urban component of DAY, Naidu said of the sanctioned funds,Rs.500 cr will be spent on skill development of over 5,00,000 urban poor.
He said, for realizing the ‘Make in India’ objective, skill development is essential. He observed that “If India is to emerge as the manufacturing base to meet global needs, the only certain way is to empower every youth of the country with the necessary skills. Skill development has multiple outcomes including enhancing employment opportunities, stimulating economic growth and promoting self-worth of beneficiaries.’’
The urban component of DAY, focus will be on:
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 per cent;
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.
develop skills of 5 lakh urban poor
New Delhi:
The BJP government has unveiled a new poverty alleviation scheme which will cater to entire urban population.
Termed as ‘Deen Dayal Antyodaya Yojana – DAY’, the scheme, under which Rs.1,000 cr has been provisioned for urban poverty alleviation during 2014-15, will cater to 4,041 statutory cities and towns.
The Government announced an overarching scheme for uplift of urban and rural poor through enhancement of livelihood opportunities through skill development and other means. The scheme has been named as ‘Deen Dayal Antyodaya Yojana – DAY’.
The announcement was made by M Venkaiah Naidu, Minister of Housing & Urban Poverty Alleviation and Nitin Gadkari, Minister of Rural Development at a National Convention on Skills for Rural and Urban Poor.
Under the current urban poverty alleviation programmes, only 790 cities and towns are covered and the government has decided to extend these measures to all the 4,041 statutory cities and towns, there by covering almost the entire urban population, the ministers stated.
Announcing the details of urban component of DAY, Naidu said of the sanctioned funds,Rs.500 cr will be spent on skill development of over 5,00,000 urban poor.
He said, for realizing the ‘Make in India’ objective, skill development is essential. He observed that “If India is to emerge as the manufacturing base to meet global needs, the only certain way is to empower every youth of the country with the necessary skills. Skill development has multiple outcomes including enhancing employment opportunities, stimulating economic growth and promoting self-worth of beneficiaries.’’
The urban component of DAY, focus will be on:
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 per cent;
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.
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