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: CE5I

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., enhancementof 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 ofthe country in rural areas to develop and maintain
sustainable sources of income utilizing their own skills, talents, and capabilities. The
government hashandled 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 manageand 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 millionpeople.

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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 befulfilled by organizing
the rural poor into Self-Help Groups (SHGs) through theprocess 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.
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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 throughtraining courses that are
developed in accordance with the activities selectedand the requirements of each
swarozgari.

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Roadmap
The initiative concentrates on establishing a large number of micro-enterprisesin 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 ofthe
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 processedaccording 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.
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 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) isprovided 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 loanamount

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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 demonstratedthe
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 ofloans.

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. SGSYcommittee.

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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 amix 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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