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Credit Linked Rural Development Programs

The document outlines various credit-linked rural development programs aimed at promoting organic farming, providing interest subventions for crop loans, and supporting women's self-help groups. It details schemes like the Capital Investment Subsidy Scheme, Interest Subvention Scheme, and Pradhan Mantri Jan-Dhan Yojana, which aim to enhance financial inclusion and support agricultural productivity. Additionally, it highlights the Mahatma Gandhi National Rural Employment Guarantee Act, which guarantees wage employment in rural areas to improve livelihoods.

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0% found this document useful (0 votes)
11 views15 pages

Credit Linked Rural Development Programs

The document outlines various credit-linked rural development programs aimed at promoting organic farming, providing interest subventions for crop loans, and supporting women's self-help groups. It details schemes like the Capital Investment Subsidy Scheme, Interest Subvention Scheme, and Pradhan Mantri Jan-Dhan Yojana, which aim to enhance financial inclusion and support agricultural productivity. Additionally, it highlights the Mahatma Gandhi National Rural Employment Guarantee Act, which guarantees wage employment in rural areas to improve livelihoods.

Uploaded by

heisen berg
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd

Credit Linked Rural

Development Programmes
Presented by
Ragunath, E.
(2019504104)
Credit Linked programmes
A credit linked program is a form of funded
credit derivative.
It is structured as a security with an
embedded credit default swap allowing the
issuer to transfer a specific credit risk to
credit investors.
The issuer is not obligated to repay the debt
if a specified event occurs.
Capital Investment Subsidy Scheme for
Commercial Production Units for organic/
biological Inputs
Need: Increasing and indiscriminate use of
synthetic fertilizers and pesticides
Objectives:
To promote organic farming in the country by
making available organic inputs, such as bio
fertilisers, bio pesticides and fruit & vegetable
market waste compost and thereby generate
better return for the produce
To convert organic waste into plant-nutrient
resources
Capital Investment Subsidy Scheme for Commercial
Production Units for organic/ biological Inputs
Beneficiaries:
Bio fertilizers and Bio pesticides production Units
Fruit & vegetable waste compost units
Individuals, group of farmers/growers, proprietary
and partnership firms, Co-operatives, fertilizer
industry
Companies, Corporations
Non-Governmental Organizations (NGOs)
Agricultural Produce Market Committees (APMCs
Municipalities
Private entrepreneurs Links for downloads
Interest Subvention Scheme
The policy came into force with effect from
Kharif 2006-07.
The amount of subvention was to be
calculated on the amount of crop loan from
the date of disbursement up to the actual
date of repayment of the crop loan by the
farmer or up to the due date of the loan fixed
by the banks, whichever is earlier, subject to
a maximum period of one year.
Interest Subvention Scheme
The Government of India provided interest
subvention of 2% to Public Sector Banks,
Regional Rural Banks (RRBs) and Cooperative
Banks in respect of short term production
credit up to Rs. 3.00 lakh provided to farmers
out of their own resources.
To provide relief to farmers affected by
natural calamities, Interest Subvention of 2%
has been made available to banks for the first
year on restructured amount of crop loans
Interest Subvention Scheme
Government of India introduced additional
incentive for farmers who promptly repay the
loans on or before the due date or the date
fixed by the bank, subject to a maximum
period of one year.
Interest Subvention to Small and Marginal
Farmers against Negotiable Warehouse
Receipts
Scheme for promotion of Women SHGs (WSHGs)
in backward & LWE districts of India
Aims at saturating the districts with viable
and self-sustainable WSHGs by involving
anchor agencies who shall promote &
facilitate credit linkage of these groups with
Banks,
Under the Scheme, in addition to working as
an SHPI, the anchor agencies are also
expected to serve as a banking / business
facilitator for the nodal implementing banks.
National Manufacturing Competitiveness
Programme
Aims at facilitating technology up-gradation
by providing 15 per cent upfront capital
subsidy
The Credit Linked Capital Subsidy Scheme
(CLCSS) was launched on 1st October, 2000.
The Cabinet Committee on Economic Affairs
(CCEA) has approved the changes in ceiling
of credit from ₹ 40.00 lakhs to ₹ 1.00 crore
with the rate of subsidy enhanced from 12%
to 15%
SHG-BANK Credit Linkage
SBI has actively participated in SHG-Bank
Credit Linkage programme since its inception
in 1992 as a pilot project of NABARD. Since
then, the Bank has made a steady progress in
financing SHGs. Our market share in SHG
credit linkage is 23.65% (March 2018) among
public sector Banks.
Credit Linked Subsidy Scheme
The Mission, in order to expand institutional
credit flow to the housing needs of urban poor
will implement credit linked subsidy
component as a demand side intervention.
Interest subsidy will be credited upfront to the
loan account of beneficiaries through Primary
Lending Institutions
Housing and Urban Development
Corporation (HUDCO)and National
Housing Bank (NHB)have been identified as
Central Nodal Agencies
Pradhan Mantri Jan-Dhan Yojana
Its National Mission for Financial Inclusion to
ensure access to financial services, namely,
Banking/ Savings & Deposit Accounts,
Remittance, Credit, Insurance, Pension in an
affordable manner.
Account can be opened in any bank branch or
Business Correspondent (Bank Mitr) outlet.
Accounts opened under PMJDY are being
opened with Zero balance. However, if the
account-holder wishes to get cheque book,
he/she will have to fulfill minimum balance
criteria.
Pradhan Mantri Awaas Yojana - Gramin
62.92 lakh landless beneficiaries, who derive
major part of their income from manual
casual labour, have been sanctioned houses.
State Govt./UT Administrations, responsible
to provide land to the landless, are yet to
provide land to 3.26 lakh landless PMAY-G
beneficiaries.
Landless beneficiaries are accorded the
highest priority and are on top in the
Permanent Wait List
Mahatma Gandhi National Rural
Employment Guarantee Act (MGNREGA)
The scheme was introduced as a social
measure that guarantees “the right to
work”.
The key tenet of this social measure and
labour law is that the local government will
have to legally provide at least 100 days of
wage employment in rural India to
enhance their quality of life.
Objectives: Employment, Strengthening
livelihood, Creation, Reduce urban migration,
Thank you

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