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PMAY | 2018 | Application Process | Pradhan Mantri Awas Yojana

Previously called “Housing for All”, Prime Minister Narendra Modi launched Pradhan Mantri Awas Yojana (PMAY) in 2015 to provide a place to reside for millions of urban poor. The Government has already identified over 2,508 cities and towns across 26 states in the country with an aim to build over 2 million houses.

Pradhan Mantri Awas Yojana (PMAY) can be applied by two categories

  1. MIG, LIG and EWS (Other 3 Components) – The economically weaker sections like MIG, LIG and EWS are considered as beneficiaries under the Housing for All by 2022.
  • Middle Income Group (MIG) – annual income between Rs. 6 lakh and Rs. 18 lakh.
  • Lower Income Group (LIG) – annual income is between Rs.3 lakh and Rs.6 lakh.
  • Economically Weaker Section (EWS) – annual income stands at Rs. 3 lakh.
  1. Slum Dwellers – Slum areas are poorly built residences where 60 to 70 households or approximately 300 people stay. These areas are unhygienic as they lack proper sanitation facility, proper infrastructure and drinking water. People living in these people can apply for the Housing for All by 2022 Scheme under the Pradhan Mantri Awas Yojana.

Applying for PMAY under Other 3 Components Online

  • Visit the official PMAY website http://pmaymis.gov.in/
  • Click on “Citizen Assessment” and select “Benefit under Other 3 Components” from the options.
    PMAY Citizen Assessment Official website
    PMAY Citizen Assessment Official website
  • Enter your Aadhaar number and click submit
    PMAY Aadhaar Form
    PMAY Aadhaar Form
  • If the information’s you provided is correct, it will direct you to the next page and you will be asked to provide information’s which include name, income, no. Of family members, residential address, contact number, age of the head of the family, religion, caste.
  • Once all the information is provided, scroll down, type the captcha code in the box and click submit.

Applying for PMAY by the Slum Dwellers

  • Log on to the official website of PMAY http://pmaymis.gov.in/
  • Click on the “Citizen Assessment” and select “For Slum Dwellers” from the options.
    PMAY Slum Dweller Official website
    PMAY Slum Dweller Official website
  • Enter your Aadhaar number and click on submit.
    PMAY Aadhaar Form
    PMAY Aadhaar Form
  • If the information’s you provided is correct, it will direct you to the next page and you will be asked to provide information’s which include name, income, no. Of family members, residential address, contact number, age of the head of the family, religion, caste.
  • Once all the information is provided, scroll down, type the captcha code in the box and click submit.

Online Application for PMAY through Citizen Service Centre (CSC)

Follow the below steps to apply for PMAY online:

  • Visit the official website of Pradhan Mantri Awas Yojana (PMAY) of Common Service Centers (CSC) https://registration.csc.gov.in/pmay/
  • Click on the “Apply Here” link or directly visit https://registration.csc.gov.in/pmay/RegAuth.aspx
    PMAY Applying procedure Official Website
    PMAY Applying procedure Official Website
  • On this page, enter your Aadhaar number and select the monthly household income, check the declaration box and click “Next” for the next step.
    PMAY Aadhaar Verification
    PMAY Aadhaar Verification
  • In this step, you will be asked to select a verification method, choose one from the Iris (Eye scan), Fingerprint or One Time Password (OTP).
  • Now, check the declaration check box and click on “Generate OTP”. After receiving OTP on the Aadhaar registered mobile number, enter the OTP and click “Validate OTP” button.
  • An application form will be provided on the next page. Fill the required details properly and submit it.
  • Next Screen will show an application number or assessment ID which can be used to check the status of PMAY application

Note: Use IE8 or Mozilla Firefox as Google Chrome or Microsoft Edge Browser are not supported.

You can check the status of your application here http://pmaymis.gov.in/Track_Application_Status.aspx by entering your name, Father’s name and ID Type or by Assessment ID.

PMAY Application Status Tracking PMAY Application Status Tracking
PMAY Application Status Tracking

Pradhan Mantri Awas Yojna Eligibility – Check PMAY Eligibility Criteria & Details

In this article, we provide information about Pradhan Mantri Awas Yojna Eligibility. Pradhan Mantri Awas Yojana is a Government initiative with the aim of “Housing for All 2022”, launched on 25th June 2015 by the Honourable Prime Minister Shri Narendra Modi. PMAY is an effort to provide homes to the needy.

Pradhan Mantri Was Yojna Eligibility – PMAY Eligibility Criteria

Despite having made massive leaps in development over the last decade or so, India still has a large number of people living in abject poverty, most of whom don’t have a house to call their own. The Indian government took up a serious step towards abolishing homelessness with the introduction of Pradhan Mantri Awas Yojana. This project, which was previously known as Housing For All, will provide a roof to over 20 million urban poor people by the year 2022. In order to do so, the Ministry of Housing and Urban Poverty Alleviation has set a route map and has also made clear the eligibility criteria a prospective applicant need to meet.

Pradhan Mantri Awas Yojna Eligibility
Pradhan Mantri Awas Yojna Eligibility
Section Eligibility Details
Economically Weaker Section (EWS) People who earn an annual household income less than Rs.3 lakh come under the EWS category. However, an applicant claiming to be from EWS needs to provide relevant proof to the government to ascertain their claims.
Light Income Group (LIG) People that fall under LIG category usually have an annual household income ranging from Rs.3 lakh to 6 lakh. Again, to be eligible for consideration, they need to provide sufficient proof of their economic standing.
Medium Income Group (MIG1) Those who earn an annual household income below Rs.12 lakh fall under the MIG1 category. These people can avail loans of up to Rs.9 lakh for the construction of a residence.
Medium Income Group (MIG2) Individuals earning an annual household income between Rs.12 to Rs.18 lakh will fall under MIG2 of the PMAY scheme. These people can avail loans of up to Rs.12 lakh.
Minorities People hailing from minority groups like SC/ST/OBC will fall under minorities. To be considered under the PMAY scheme, these people need to meet to provide relevant caste and income certificates.
Women belonging to EWS/LIG categories will be considered if they apply under the PMAY scheme.

Schemes under Pradhan Mantri Awas Yojana (PMAY)

Currently, there are three schemes under which you can apply for Pradhan Mantri Awas Yojana (PMAY). They are as below.

  • EWS (Economically Weaker Sections)/LIG (Low Income Group)
  • CLSS (MIG-I)
  • CLSS (MIG-II)

Pradhan Mantri Awas Yojana Home Loan Scheme for LIG/EWS Category

For loan amount of Rs.3 lakh:

Amount of loan Rs.3 lakh
Loan amount eligible for the subsidy Rs.3 lakh
Balance loan Rs.1,66,360.00
Interest subsidy Rs.1,33,640.00
Initial EMI Rs.2,895
Reduced EMI after subsidy credit Rs.1,605
Savings on a monthly basis Rs.1,290
Savings on an annual basis Rs.15,480

For a loan amount of Rs.6 lakh:

Amount of loan Rs.6 lakh
Loan amount eligible for the subsidy Rs.6 lakh
Balance loan Rs.3,32,720.00
Interest subsidy Rs.2,67,280.00
Initial EMI Rs.5,790
Reduced EMI after subsidy credit Rs.3,211
Savings on a monthly basis Rs.2,579
Savings on an annual basis Rs.30,948

For a loan amount of Rs.10 lakh:

Amount of loan Rs.10 lakh
Loan amount eligible for the subsidy Rs.6 lakh
Balance loan Rs.7,32,720.00
Interest subsidy Rs.2,67,280.00
Initial EMI Rs.9,650
Reduced EMI after subsidy credit Rs.7,071
Savings on a monthly basis Rs.2,579
Savings on an annual basis Rs.30,948

Pradhan Mantri Awas Yojana Loan Scheme for MIG – 1

Income of the household per year Rs.12 lakh
Maximum tenure of the loan 20 years
Interest subsidy per year 4%
Eligible amount of loan for interest subsidy under CLSS (Credit Linked Subsidy Scheme) for MIG Rs.9 lakh
Maximum interest subsidy Rs.2.35 lakh
Rate of discount for NPV (Net Present Value) calculation of the interest subsidy 9%
Dwelling unit max carpet area 90 sq.mt
Monthly EMI (8.65%) with interest subsidy Rs.5,834
Monthly EMI (8.65%) without interest subsidy Rs.7,894

Pradhan Mantri Awas Yojana Loan Scheme for MIG – 2

Income of the household per year Rs.18 lakh
Maximum tenure of the loan 20 years
Interest subsidy per year 3%
Eligible amount of loan for interest subsidy under CLSS (Credit Linked Subsidy Scheme) for MIG Rs.12 lakh
Maximum interest subsidy Rs.2.3 lakh
Rate of discount for NPV (Net Present Value) calculation of the interest subsidy 9%
Dwelling unit max carpet area 110 sq.mt
Monthly EMI (8.65%) with interest subsidy Rs.8,059
Monthly EMI (8.65%) without interest subsidy Rs.10,528
Income of the household per year Rs.18 lakh
Maximum tenure of the loan 20 years
Interest subsidy per year 3%
Eligible amount of loan for interest subsidy under CLSS (Credit Linked Subsidy Scheme) for MIG Rs.12 lakh
Maximum interest subsidy Rs.2.3 lakh
Rate of discount for NPV (Net Present Value) calculation of the interest subsidy 9%
Dwelling unit max carpet area 110 sq.mt
Monthly EMI (8.65%) with interest subsidy Rs.8,059
Monthly EMI (8.65%) without interest subsidy Rs.10,528

PMAY Eligibility Criteria for Getting Subsidy

The Ministry of Housing and Urban Poverty Alleviation has enlisted the help of some leading banks in the country to provide loans for construction under PMAY. The banks offer loans at a comparatively lower rate as government pays the rest on behalf of the applicant. This model of subsidized loans help more economically weaker people to build a house.

HDFC Bank has partnered with the government to offer loans to people who have applied for PMAY scheme. Here’s what is looks like:

  • The applicant’s family must not own a house in any part of the country.
  • In the case of a married couple, either a single or a joint ownership deal is allowed, and both options will receive just one subsidy.
  • The applicant’s family must not have availed the benefit of any housing-related schemes set up by the Government of India.

Employee Pension Scheme (EPS) | 2018

In India, Government have introduced several savings schemes such as NPS (National Pension Scheme), NSC (National Savings Certificate), PPF (Public Provident Fund), EPF (Employees’ Provident Fund), and EPS (Employees Pension Scheme) etc in order to cultivate savings habits in people.

This article is particularly focused on EPS (Employees Pension Scheme), its eligibility, contribution, calculations and its terms and conditions.

What is Employee Pension Scheme (EPS) 1995

Employees Pension Scheme (EPS) came into being in 1995 by replacing the FMS (Family Pension Scheme) and offering pension on disablement, widow pension, and pension for nominees.

In Employees Pension Scheme (EPS), only those employees are eligible to have an EPS account who is a member of an EPF account. Also, employers divert 8.33% from EPF account to an EPS account. Central Government also contributes 1.16% to an employees’ EPF account.

Also note that interest is not applicable in ones EPS account.

Employees can start receiving their pension from EPS only after the completion of 10 years of service. Employees who have attained 50 years of age are eligible for an early pension and 58 years of age for a regular pension.

Pension under EPS is for all one’s life, which employee himself will receive. And the spouse or children below the age of 25 years will be beneficiaries of the pension.

Availing the Pension

Under EPS, employees pension is divided into two categories:

  • One is for those employees who have joined prior to 15th November 1995 and
  • One for those employees who have joined post this date

Also, an employee becomes eligible for the scheme certificate is by the completion of 10 years of service and can claim the pension after attaining the age of 50 years and 58 years and can continue working but no fresh EPF contributions will be made.

EPS is considered to be a very convenient scheme as it allows withdrawal as long as they have not completed their 10 years of service. Also during the exit, the employee receives the employee and employer EPF contribution and the interest earned on it.

What is the Contribution for Employee Pension Scheme

Read the table below to know the contribution details from the employee and the employer towards EPF, EDLIS and EPS.

Schemes Employee Contribution Employer Contribution
EPF (Employee Provident Fund) 12% 3.67%
EPS (Employees’ Pension Scheme) NIL 8.33%
EDLIS (Employees’ Deposit Linked Insurance) NIL 0.5%
EDLIS administrative charges NIL 0.01%
EPF administration charges NIL 1.1%

How to claim the pension money under Employee Pension Scheme

In case if you have a scheme certificate of pension, you have to fill up Form 10 – D in order to get a regular pension. And if you have more than one scheme certificate, you can directly visit the EPF office and you will be required to attest your Form 10 – D by the bank manager.

In case you don’t have a scheme certificate of pension, which means you have not completed 9.5 years of service, you must claim a pension refund. In this case you are required to fill up Form 10 – C along with EPF withdrawal form and submit it through your employer.

Purpose of Employee Pension Scheme

The purpose of the scheme is to provide

  • Superannuation Pension – This pension is for the subscribers who has completed 20 years of service and retires after attaining the age of 58 years.
  • Retiring Pension – This pension is for the subscribers who have completed 20 years of service and retiring or ceases to be in employment before attaining the age of 58 years.
  • Short Service Pension – This pension is for the subscribers who have rendered 10 or more than 10 years of service.

Terms and Conditions of Employee Pension Scheme

Read the below mention steps to know the terms and conditions of EPS:

  • To have an EPS account, an employee cannot have more than one EPF account
  • An employee falls from the eligibility criteria once they turns 50 years old
  • An employee is required to complete minimum of 10 years of service in order to avail EPS scheme
  • Government contribution towards EPS account cannot be more than 1.16% of Rs 174.ss

Required Forms in Employees Pension Scheme

Read below to know about the Forms which an employee is required to fill and submit in order to avail different benefits under EPS

  1. Forms 10 C – Form 10 C is required to be filled by a beneficiary or a member to avail withdrawal benefits and scheme certificate.
  2. Form 10 D – Form 10 D is required to be filled by a member to avail pension after 58 years of age, also to avail pension before 58 years of age but after turning 50. Also to get a disability pension.
  3. Form 10 D – Another Form 10 D is meant to avail nominee or dependent pension or to avail family pension and also to avail children and orphan pension.
  4. Life Certificate – Pension beneficiaries are required to submit it life certificate every November to the manager of pension disbursing banks.
  5. Non – Remarriage Certificate – Widows are required to submit non – remarriage certificate every year to the manager of pension disbursing banks.

Read below to know the list of Nationalised Banks in which provision has been made for the retired employees drawing pension under Employees’ Provident Fund Organisation (EPFO)

S.No. EPFO Regional Office Pension Disbursing Banks
1 Delhi (North) PNB, SBI, IB, UBI,  HDFC, ICICI, AXIS
2 Delhi (South) PNB, SBI, IB, UBI,  HDFC, ICICI, AXIS
3 Dehradun PNB, SBI
4 Gurgaon PNB, SBI, HDFC, ICICI, AXIS
5 Faridabad PNB, SBI, HDFC, ICICI, AXIS
6 Jaipur PNB, Thar Gramin Bank, HDFC, ICICI, AXIS, SBBJ
7 Shimla PNB, SBI, AXIS
8 Ludhiana PNB, SBI, HDFC, AXIS
9 Chandigarh PNB, SBI, HDFC, AXIS, ICICI
10 Bihar PNB, BOI, HDFC
11 Meerut PNB, SBI
12 Kanpur PNB, SBI, HDFC, ICICI, AXIS
13 Hyderabad SBI, UBI, AB, HDFC, AXIS, ICICI
14 Guntur SBI, AB, HDFC, AXIS, ICICI
15 Nizamabad SBI, SY. BANK, Gramin BANK, UBI, AB, AXIS
16 Bhuvneshwer SBI, BOI, UCO Bank, HDFC, AXIS, ICICI
17 Bangalore SBI, CANARA, SY. BANK, CORP. BANK, VIJAYA BANK, HDFC, AXIS, ICICI
18 Goa SBI, BOI, HDFC
19 Gulbarga SBI, CANARA, SY. BANK, ICICI,CORP. BANK
20 Mangalore SBI, CANARA, SY. BANK, CORP. BANK, VIJAYA BANK, AXIS
21 Peenya SBI, CANARA BANK, SY. BANK, CORP. BANK, HDFC, AXIS, ICICI
22 Coimbatore SBI, IB, IOB, HDFC, AXIS, ICICI
23 Kerala PNB, SBI, IB, IOB, CANARA, SY. BANK, FED.BANK, HDFC, AXIS, ICICI, North Malabar Gramin Bank, SBT
24 Madurai SBI, IB, IOB, HDFC, AXIS, ICICI
25 Tambram SBI, IB, IOB, HDFC, AXIS, ICICI
26 Chennai SBI, IB, IOB, HDFC, AXIS, ICICI
27 Ranchi PNB, BOI, UBI, HDFC, AXIS, ICICI
28 Jalpaiguri SBI, UBI, UCO, CBI, UBKG BANK
29 Kolkata PNB, UBI, HDFC, AXIS,ICICI
30 Guwahati SBI, HDFC, AXIS, ICICI
31 Raipur PNB, SBI, HDFC, AXIS, ICICI, CBI,
32 Bandra PNB, SBI, BOI, HDFC, AXIS, ICICI, BOM, IB
33 Thane PNB, SBI, BOI, HDFC, AXIS, ICICI
34 Kandivali PNB, SBI, BOI, HDFC, AXIS,ICICI
35 Pune PNB, SBI, BOI, HDFC, AXIS, ICICI, BOM
36 Nagpur PNB, SBI, BOI, HDFC, AXIS, ICICI
37 Ahmadabad SBI, DENA, HDFC
38 Surat SBI, DENA, HDFC, AXIS, ICICI
39 Vadodara SBI, DENA, HDFC
40 Indore PNB, SBI, HDFC, AXIS, ICICI

 

Pradhan Mantri Gram Parivahan Yojana Scheme (PMGPY)

In the Age of the Robots and Space Science, there are still many places in India where there are no proper facilities for transportation, food, health, and shelter. Out of which the Transporation issue is what we are going to discuss today in this article. There are no proper roads, highways, and bridges connected to the rural villages due to which the farmers, women, children etc suffer a lot of issues. Therefore to improve these conditions the Prime Minister of India Mr. Narendra Modi has introduced a new scheme to develop and improve the transportation facility in the rural areas. The scheme was called as the Pradhan Mantri Gram Parivahan Yojana Scheme. The main objective of the Yojana is to provide subsidies to the rural population to buy passenger vehicles like minivans, small buses etc. Proper roads and other modes of transportation are the strong initiatives for the development. This is a move started by the Government to boost the transportation facilities in the rural places in India.

The Yojana has planned to give subsidies for around 80,000 commercial passengers vehicles available in the villages. The scheme is not only meant for the men but also for the women. The women can also participate in the functionality of the Yojana and get the maximum benefit and opportunities.

Pradhan Mantri Gram Parivahan Yojana

Pradhan Mantri Gram Parivahan Yojana is the next phase of  Pradhan Mantri Gram Sadak Yojana, which was launched in 2000. The Scheme was first introduced by then Prime Minister of India, Shri Atal Bihari Vajpayee Ji. Union Government took the initiative followed by the Union Transport Minister, Nitin Gadkari and Prime Minister Mr. Modi launched this Yojana and named it as the Pradhan Mantri Gram Parivahan Yojana.

Eligibility Criteria of The Pradhan Mantri Gram Parivahan Yojana 

The Government has made some strict criteria’s to enjoy the facilities and benefits of this Scheme:

Commercial Passenger Vehicle

  • The Vehicle that you are applying for must be for the Commercial Purpose: Here under the scheme, the Central Government will be providing loans to the commercial vehicles to the rural areas across the country. So to get this facility, the vehicle that you are applying for must be for the commercial purpose.

The Vehicle has a Limit up to 10 Passengers

  • The Vehicle must not contain more than 10 fellow passengers. The maximum limit is 10 people. No heavy vehicles that contain more than 10 people are eligible to avail this facility.
  • The vehicles must run approx 20-22kms every day and should cover and connect at least 10-12 villages of different blocks or within the same blocks.

Benefits For the Tribal, Women, Self-Help and BPL Families

  • The scheme will also facilitate the women of the rural villages. The Yojana will provide interest-free loans to the women self-help groups so that they can buy commercial passengers vehicles for their business purpose.
  • The Government will choose tribal, women, self-help and BPL families to operate these transport services successfully. As said in the above. Around 80,000 commercial vehicles will be offered in the countryside regions.

Features of Pradhan Mantri Gram Parivahan Yojana

  • The Pradhan Mantri Gram Parivahan Yojana is the extended scheme version of the Pradhan Mantri Gram Sadak Yojana. After the development of the roadway facilities of the rural areas, the Government has decided to enhance the transportation service in the rural areas. Currently, approximately 80kms of rural roads are being built every day under Pradhan Mantri Gram Sadak Yojana. The authorities are trying to make it to 138 kms a day.
  • The aim of this Yojana is also providing employment and a basic income for the localities of the areas and the villages.
  • The Scheme will lead to the generation of the Employment and provide a working opportunity to the women class in the society. Under this scheme, the women can get an interest free vehicle loan for the commercial purpose.
  • A Pilot of the Scheme has taken off from Bilaspur district in Chhattisgarh and more pilots will be started in approx. 20 locations of the North-Eastern state regions.
  • Introduction of this scheme will also enhance the public transportation facility in the rural areas. Now, it will be easy for a villager to communicate with the other parts of the Nation.

Loan Facilities Under The Pradhan Mantri Gram Parivahan Yojana

  • The applicant will get up to Rs 6 lacs of Loan under this scheme. According to the rule of the scheme, the tenure limit of the loan will be 6 months. This loan is used to buy the commercial vehicle that has a maximum carrying capacity of 10-12 person.
  • The loan under the scheme is a short-term loan. The subsidy on the interest will be high. This scheme will also generate an employment opportunity facility in the rural areas. The Women and the financially backward class people of the society are benefitted under this scheme.
  • Under this scheme, at first 1500 commercial vehicles will get the loan facility. Government is planning to issue loans for more than 80,000 commercial vehicles.

Subsidy Under The Pradhan Mantri Gram Parivahan Yojana

Along with the Loan Facility, the Central Government of India is also providing the interest subsidy as well. The interest subsidy ranges from 30-35% for every loan for the commercial value given to the applicant. Which means that whatever the amount will be the applicant has to pay 65% of the interest amount and the rest amount is paid by the Government.

Facilities and Benefits of Pradhan Mantri Gram Parivahan Yojana

The Facilities and the benefits of the PMGPY are

  • The Launch of PMPY will be of great advantage, mostly to the children and the people who stay in farther places.
  • The lack of transportation lead to the emergence of a lot of issues but the launch of this issue has turned out to be an easy thing due to the introduction of the vehicles and proper transportation facilities.
  • The locals living in the remote areas can purchase the vehicles at a low-cost price which is another benefit of the scheme.
  • As per the thoughts, and perspective of the Economists and the NGO’s across the nation, the Scheme turned out to be a good symbol of the development of the country. Proper guidelines and Governance should be followed so as to meet the desired goal of the Yojana.

Thus, this scheme will generate a vast opportunity for the people who live in the rural places and will also help in the improvement of the trades and business that performs across the Nation.

Read more about Various Government Schemes:

Smart Ration Cards by TamilNadu Public Distribution System TNPDS

Pradhan Mantri Awas Yojana-PMAY

Pradhan Mantri Kaushal Vikas Yojana-PMKVY

Ajeevika Grameen Express Yojana (AGEY)

In the Age of the Robots and Space Science, there are still many places in India where there are no proper facilities for transportation, food, health, and shelter. Out of which the Transportation issue is what we are going to discuss today in this article. There are no proper roads, highways, and bridges connected to the rural villages due to which the farmers, women, children etc suffer a lot of issues.

Therefore to improve these conditions the Prime Minister of India Mr. Narendra Modi has introduced a new scheme to develop and improve the transportation facility in the rural areas. The scheme was called as the Pradhan Mantri Gram Parivahan Yojana Scheme.

The Main Objective of the Yojana is to provide subsidies to the rural population to buy passenger vehicles like minivans, small buses etc. Proper roads and other modes of transportation are the strong initiatives for the development. This is a move started by the Government to boost the transportation facilities in the rural places in India.

Recently, the government of India has also launched another sub – scheme under Deendayal Antodaya Yojana – National Rural Livelihood Mission (DAY – NRLM) i.e. “Ajeevika Grameen Express Yojana(AGEY) which is also an extension of Pradhan Mantri Gram Parivahan Yojana.

The objective behind introducing this scheme is to provide means of support for the members of SHGs (Self – help groups) under DAY – NRLM, so that they can run public transport services in backward rural areas, as identified by the States.

It also ensures the empowerment of women by who belong to the self help groups (SHGs) by providing an alternate livelihood by financially helping to operate public transport services in backward rural areas.

And the scheme would be executed in two ways which are as follows:

  1. Interest Free Loan
    • The beneficiary SHG member will be provided an interest free loan by the CBO from its Community Investment Fund up to Rs.6.50 lakh for purchase of the vehicle
    • The members of the self – help group would get a maximum period of 6 years to repay the loan they have taken. And bear all the cost connected with the operation of the vehicle, including annual cost of insurance, road tax, permit cost, maintenance cost and all the running costs of the vehicle.
    • Once the member of the self – help group successfully repays the loan, the ownership of the vehicle will be transferred to the SHG group.
  2. Vehicles on lease
    • Community Based Organization (CBO) will have a possession of a vehicle and then lease it out to a member of the self – help group to run the vehicle and the member shall pay monthly lease rental to the CBO. CBO will also ensure that the lease amount is reasonable so that the cost of the vehicle can be easily recovered from the SHG member over a maximum period of 6 years in the form of lease rental.
    • Also, at the time of recovering the lease rental, no interest is charged on the loan amount.
    • Annual cost of insurance, road tax, permit cost and maintenance cost including replacement of tyres will be borne by the CBO. The maximum funding for such items shall not exceed Rs. 2.00 lakhs per vehicle per CBO for the duration of the scheme from 2017-18 to 2019 – 20
    • The annual cost of the vehicle and routine maintenance (such as fuel, oil, engine oil, servicing etc) shall be borne by the SHG member.

Eligibility Criteria of the beneficiaries for Ajeevika Grameen Express Yojana (AGEY)

To avail the benefits of Ajeevika Grameen Express Yojana (AGEY), the members of the Self Help Group (SHGs) are required to be literate. And also they are required to hold valid commercial driving license in order to drive the vehicle.

Also, if the member of the SHG decides to appoint a driver to operate the vehicle, the salary of the driver should be borne by the SHG member out of earning from the operation of the vehicle.

Key matters of the Scheme

This scheme will be implemented in nearly 250 blocks for a period of over (2017 – 18 to 2019 – 20) with each block provided up to 6 vehicles in order to operate the transport services. However, during the present year i.e. 2017 – 18, the scheme has been approved to nearly 8 blocks such as Andhra Pradesh, Jharkhand, Maharashtra, Tamil Nadu, Telangana, Uttarakhand, and West Bengal.

And these blocks are selected by states from those blocks where National Rural Livelihood Mission (NRLM), which is being implemented intensively and where mature CBOs are already functioning.

Guideline factors in selection of Blocks and Routes

As per the guidelines, the members of the self – help groups are required to operate the vehicle on the approved routes at pre – determined frequency as jointly agreed between the CBO and the SHG operator based on financial viability and the need for transport link.

Also under this scheme, no second hand vehicle is permitted so as to avoid the higher maintenance and operating cost as decided by the government.

In order to ensure the identity, all the vehicles under the scheme shall have a defined colour code and carry “AGEY” branding on the body of the vehicle, which will also help to avoid diversion to other routes.

And the charges per trip will be fixed jointly by the operator and the CBO subject to rules and regulations of the Transport Department of the State Administration.

Ajeevika Grameen Express Yojana (AGEY) if executed properly will bring positive changes in the lives of the women running the self help groups.

Railway Result