RBI Update : Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)

The Master Circular  dated April 01, 2021 on Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).

The  Master Circular consolidates and updates all the instructions/guidelines on the subject issued till date and replaces the earlier Master Circular issued on the subject.

Women SHGs and their Federations

Women SHGs under DAY-NRLM consist of 10-20 members. In case of special SHGs i.e. groups in the difficult areas, groups with disabled persons, and groups formed in remote tribal areas, this number may be a minimum of 5 members.

Financial Assistance to the SHGs

DAY-NRLM, MoRD, will provide Revolving Fund (RF) support as corpus ranging between ₹10,000 – ₹15,000 per SHG to strengthen their institutional and financial management capacity and build a good credit history within the group. SHGs in existence for a minimum period of 3/6 months and follow the norms of good SHGs known as ‘Panchasutras’, viz., regular meetings, regular savings, regular internal lending, regular recoveries and maintenance of proper books of accounts, and which have not received any RF earlier will be eligible for such support.

For further : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12360&Mode=0

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