MAHARASHTRA STATE BOARD OF TECHNICAL EDUCATION

DILKAP RESEARCH INSTITUTE OF ENGINEERING & MANAGEMENT

STUDIES(POLYTECHNIC)

MICRO PROJECT
Academic year: 2022-2023

TITLE OF PROJECT

" Swarnjayanti Gram Swarozgar Yojana (SGSY)"

Program: CE Program code: CE4I

Course: RDE Course code:22505

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 MAHARASHTRA STATE
BOARD OF TECHNICAL EDUCATION
Certificate
This is to certify that Mr. /Ms. Akash Ashok Chourasia.

Roll No. of 11 V Semester of Diploma in CIVIL.

DILKAP RESEARCH INSTITUTE OF ENGINEERING & MANAGEMENT

STUDIES(POLYTECHNIC)of Institute, DRIEMS POLYTECHNIC (Code:1748) has completed
the Micro Project satisfactorily in Subject–RDE (22505) for the academic year 2022 –
2023 as prescribed in the curriculum.

Enrollment No: 2017480031

Exam. Seat No:

Subject Teacher Head of the Department Principal

PROF: MAYURI PROF: ARCHANA SINGH

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 INDEX

SR NO PARTICULAR PAGE NO

1 ABSTRACT 4

2 INTRODUCTION 5

3 HOW IT WORKS 6

4 SCHEME REPLACED 6

5 OBJECTIVE 7

6 SELF HELP GROUP 7

7 COVERAGE OF THE SCHEME 7

8 ROADMAP 8

9 SEALING OF SUBSIDIES 8

10 FUNDING AND TRAINING 9

11 DISPOSAL OF REVOLVING FUNDS 9

12 INSURANCE COVER 9

13 REPAYMENT OF LOAN 9

14 CONCLUSION 10

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ABSTRACT: -
This paper shows that government of India supported microfinance
programme under SGSY scheme is partially effective to reduce poverty of
the rural households. Few expansions of National Rural Employment
Guarantee scheme play here the supportive role. Taking the help of Natural
Experiment, it is also proved that microfinance programme is also able to
reduce vulnerability of the rural participating households. This is done
through constructing vulnerability index. The social factor i.e., enhancement
of empowerment of the participating Self-Help Group members all of whom
are women under SGSY scheme between the concerned time period and
size of microcredit taken for income generating activities plays a significant
role to reduce vulnerability of the participating households of this
microfinance programme.

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INTRODUCTION:
Swarnjayanti Gram Swarozgar Yojana is a scheme under which BPL families
are included as self-help groups and supported through bank loans and
government funds. The main operation of these groups is to support all such
families across the poverty line. Since the first of April 1999, the Indian
government has actively been interested in supporting the poorer residents of
the country in rural areas to develop and maintain sustainable sources of
income utilizing their own skills, talents, and capabilities. The government has
handled this gargantuan task through the launch and operation of the
Swarnjayanti Gram Swarozgar Yojana (SGSY) scheme, which targets
economically weaker provinces of the community and supports them manage
and establishing Self-Help Groups. These micro-enterprises are financed by
the government, NGOs, individual philanthropists, CBOs, banks, and other
authorities of finance. The scheme launches Activity Groups, grouping
together workers established on their individual skills and talents. Under the
SGSY scheme, funding for these Self-Help Groups and Activity Groups is
routed through NGOs, banks, and monetary organizations with social
outreach programs. Between 1999 and 2015, over 2.25 million Activity Groups
and Self-Help teams have been made, and work with a total capital of over
Rs.14,000 crores, delivering a sustainable source of income to over 6.5 million
people.

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How it works?
Under the scheme, poorer families that were below the Poverty Line were
classified into Self-Help groups, which were financed through a mix of
government funds and small loans from banks. The prior function of the Self-
Help groups was to support these families across the Poverty Line and
develop a sustainable source of earnings through a joint effort.

After the families were able to support themselves out of the scarcity line, the
Self-Help groups were organized in such a way that every member of the
group could contribute to the achievement of a common objective. Groups
were organized on the base of common skills, the skill level of the members,
and the quantity of time and work they could contribute.

Schemes Replaced
The scheme effectively replaces the following other schemes:

 Integrated Rural Development Program (IRDP)

 Training of Rural Youth for Self-Employment (TRYSEM)
 Development of Women and Children in Rural Areas (DWCRA)
 Supply of Improved Toolkits to Rural Artisans (SITRA)
 Ganga Kalyan Yojana (GKY)
 Million Wells Scheme (MWS)

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Objective
The scheme is appointed with the intent of getting the helped low-income
families (also guided to as swarozgaris) above the poverty line by delivering
them with an appreciable sustained income over a span of time. This shall be
fulfilled by organizing the rural poor into Self-Help Groups (SHGs) through the
process of social mobilization, training, capability building, and provision of
income generating assets. The scheme envisages the development of activity
groups with an emphasis on key actions identified in the block, both for the
group as well as for personal assistance. These activity clusters will be in
geographic clusters of adjoining villages within a reasonable radius.

Self-Help Groups
The Self-Help Groups (SHGs) will be arranged by ‘Swarozgaris’ drawn from
the BPL list authorized by the Gram Sabha. The scheme facilitates the
formation of Self-Help Groups (SHGs), who will be helped on a loan-cum-
subsidy causality for undertaking income-generating actions. The scheme
regulations state that half of the groups formed at the block level should be
exclusively women groups.

Coverage of the Scheme

The scheme caters to rural neighborhoods such as those with land, landless
labor, educated unemployed, rural artisans and the disabled. The helped
low-income families could be either individuals or groups and would be
selected from Below Poverty Line (BPL) families by a three-member team
comprising of a Block Development Officer (BDO), banker and sarpanch.
The scheme particularly concentrates on the vulnerable sections of the rural
poor. The SC/ST would acquire the bulk of assistance (50%), while a
proportion of the remaining funds would be reserved for women and the
disabled. The scheme is desired for the development of Swarozgaris through
training courses that are developed in accordance with the activities selected
and the requirements of each swarozgari.

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Roadmap
The initiative concentrates on establishing a large number of micro-enterprises
in rural areas based on the potential of such areas (land-based or otherwise).
Due consideration is accorded to different elements such as the capacity
building of the poor, skill development training, credit, training, technology
transfer, marketing and infrastructure.

The scheme entails the following processes:

 Group Creation – This stage covers the assessment of the skill level of
the members.
 Capital Creation – This involves the use of a rotating fund system.
Here, the members are facilitated to hone their skills through
experience.
 Implementation – the final stage deals with the identification and
nurturing of abilities and group skills. The implementation is processed
according to the pace desired by the respective groups.

Sealing of Subsidies
The subsidy allocation for the scheme is as follows:

 A uniform subsidy of 30% of the total project cost is allowed under the
scheme, subject to a ceiling of Rs. 7,500.
 A subsidy of 50% of the total project cost, subject to a ceiling of Rs.
10,000 is extended to SC/STs and disabled persons.
 A subsidy of 50% of the total project cost, subject to a ceiling of Rs.
1.25 lakh or per capita subsidy of Rs. 10,000 (whichever is less) is
provided to Self-Help Groups (SHGs) and individual swarozgaris.
 No monetary limits on subsidy have been specified for irrigation
projects.
 Subsidy under these provisions is back-ended. The banks are
prohibited from charging interest on the subsidy portion of the loan
amount
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Funding and Training
The groups created under the scheme will be sustained, educated, and
financed by NGOs, philanthropists, CBOs, banks, organizations publicizing
self-aid, and District Land Development Agencies (DRDAs) owned by the
government. The training program applies elements of bookkeeping, market
knowledge, identification and appraisal, acquaintance with product costing,
product keeping, familiarization with project financing by banks as well as
basic skills pertaining to the identified activity.

Disposal of Revolving Funds

SHGs that are in existence for a term of six months and have demonstrated
the potential of a viable group qualify for the receipt of cash credits from
DRDA and banks. Such funds, known as revolving funds, are extended to
augment the group corpus. This allows a big number of members to avail of
loans.

Insurance Cover
Insurance coverage is supplied for assets/livestock bought out of the loan.
Moreover, the swarozgaris are covered under the group insurance scheme.

Repayment of Loan
Loans rendered under these schemes are medium-term with a minimum
repayment period of five years. The instalments will be selected in
accordance with the unit cost authorized by the NABARD/district. SGSY
committee.

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Conclusion
The objective of SGSY is to obtain every helped family above the poverty
line within three years by supplying them income yielding assets through a
mix of bank credit and Government subsidy.

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 ANEEXURE – II

Evaluation Sheet for the Micro Project

Academic Year: 2022-23 Name of the Faculty: PROF. MAYURI

Course: CIVIL/ CE5I Course code: 22301 Semester: V

Title of the project:

Cos addressed by Micro Project:

A: Formulate grammatically correct sentences.

B: Summarize comprehension passages.
C: Use relevant words as per context.
D: Deliver prepared speeches to express ideas, thoughts and emotions.

Major learning outcomes achieved by students by doing the project

(a) Practical outcome:

1) Deliver oral presentations using correct grammar.

(b) Unit outcomes in Cognitive domain:

1) Rewrite sentences using relevant forms of verbs.

(c) Outcomes in Affective domain:

1) Function as team member
2) Follow Ethics
Comments/suggestions about team work /leadership/inter-personal communication (if any)

………………………………………………………………………………………………………………

Marks out of 6 for Marks out of 4for

performance in performance in
Roll No Student Name group activity oral/ presentation Total out of 10
(D5 Col.8) (D5 Col.9)
AKASH
11 CHOURASIA

(Signature of Faculty)

PROF. MAYURI

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