Upload
mohitraheja007
View
220
Download
4
Embed Size (px)
Citation preview
Prime Minister Rozgar Yojana
Prime Minister of the India announced on August 15, 1993 a scheme for giving
self-Employment to learned jobless Youth in the country. This program is to give
self-employed breaks to one million jobless educated adolescents in the country.
This scheme is known as Prime Minister Rozgar Yojana. Officially the Scheme
has been started on October 2nd 1993 in the country.
Objectives: The PMRY has been intended to give employ to over million People
by starting seven lakhs micro ventures by the jobless educated youth. It recounts to
the starting of self-employment schemes through commerce, service & business
means. The proposal as well seeks to link presumed non-governmental associations
in execution of PMRY scheme particularly in the assortment, guidance of
entrepreneurs & homework of plan report.
Coverage: The scheme aims to take urban regions only in the year nineteen ninety
three to ninety four & entire country starting by ninety four to five. After 1994-95,
the current self-employment Scheme for the Educated Unemployed Youth
(SEEUY) will be included in PMRY.
Eligibility: Any jobless learned person residing in any region of the country
whether rural or urban satisfying the subsequent circumstances will be entitled for
aid. Though, during 1993-94, the proposal would be function in urban regions
only.
Age: Between eighteen to forty years (SC/ST – forty five years).
Qualification: Matric (conceded or failed) or ITI conceded or having done Govt.
funded technical classes for a least period of six months.
Residency: Permanent occupant of the region for minimum of three 3 years
Document such as Ration Card would comprise enough evidence for this intention.
In its deficiency any other certificate to the approval of the Task Force ought to be
shown.
Family Income: Maximum Rs.40, 000/- yearly. Family would signify spouse &
parents of the recipient & family earnings would comprise earnings from all
resource, whether, salary, pay, retirement fund, farming, business, lease etc.
Defaulter: person must not be a nonpayer to any national bank/fiscal
organization/co-operative store.
Reservation:
Inclination should be set to weaker segment counting women. The system foresees
22.5% reservation for SC/ST & 27% for Other Backward Classes (OBCs).
Prime Minister’s Rozgar Yojana (P.M.R.Y) For Educated Unemployed Youth
Prime Minister Rozgar Yojana for providing self-Employment to Educated
Unemployed Youth was announced by the Prime Minister on 15th August, 1993 to
provide self-employed opportunities to one million educated unemployed youth in
the country. The Scheme has been formally launched on 2nd October, 1993 .
1. Objectives:
The PMRY has been designed to provide employment to more than a million
Person by setting up of 7 lakhs micro enterprises by the educated unemployed
youth. It relates to the setting up of the self-employment ventures through industry,
service and business routes. The scheme also seeks to associate reputed non-
governmental organisations in implementation PMRY scheme especially in the
selection, training of entrepreneurs and preparation of project profiles.
2. Coverage:
The scheme intends to cover urban areas only during 1993-94 and whole of the
country from 1994-95 onwards. From 1994-95 onwards, the existing self-
employment Scheme for the Educated Unemployed Youth (SEEUY) will be
subsumed in PMRY.
3. Eligibility:
Any unemployed educated person living in any part of the country rural or urban
fulfilling the following conditions will be eligible for assistance. However, during
1993-94, the scheme would be operated only in urban areas.
a. Age: Between 18 to 40 years (SC/ST - 45 years).
b. Qualification: Matric (Passed or Failed) or ITI passed or having undergone
Govt. sponsored technical course for a minimum duration of 6 months.
c. Residency: Permanent resident of the area for at least 3 years Document like
Ration Card would constitute enough proof for this purpose. In its absence
any other document to the satisfaction of the Task Force should be produced.
d. Family Income: Upto Rs.40,000/- per annum. Family for this purpose would
mean spouse and parents of the beneficiary and family income would
include income from all sources, whether, wages, salary, pension,
agriculture, business, rent etc.
e. Defaulter: Should not be a defaulter to any nationalised bank/financial
institution/co-operative bank.
4. Reservation:
Preference should be given to weaker section including women. The scheme
envisages 22.5% reservation for SC/ST and 27% for other Backward Classes
(OBCs)
5. Project Cost:
Projects upto Rs.1 lakh are covered under the scheme in case of individuals. If two
or more eligible persons join together in a partnership, the project with higher costs
would also be covered provided share of each person in the project cost is Rs.1
lakhs or less.
6. Margin Money, Bank Loans and Rates of Interest:
Entrepreneur is required to contribute 5 percent of project cost as margin money in
cash. Balance 95 percent would be sanctioned as composite loan by Bank at the
rates of interest applicable to such loans under guidelines of Reserve Bank
of India issued from time to time.
7. Collatoral guarantee on bank loans:
The loans would not require any collateral guarantee. Only assets created under the
Scheme would be hypothecated/mortgaged/pledged to the Bank.
8. Subsidy:
Government of India would provide subsidy at the rate of 15 percent of the project
cost subject to a ceiling of Rs.7, 500/- per entrepreneur. In case more than one
entrepreneur join together and set up a project under partnership, subsidy would be
calculated for each partner separately at the rate of 15 percent of his share in the
project cost, limited to Rs.7, 500 (per partner).
9. Repayment Schedule:
Repayment Schedule would range from3 to 7 years after an initial moratorium of 6
to 18 months as decided by the Bank.
10. Training:
Scheme envisages compulsory training for entrepreneurs after the loan is
sanctioned.
11. Other Inputs:
a. State / U.T. Governments have been requested to provide necessary
infrastructure support like provision of Industrial sites, sheds, shops, water
on preferential basis to these entrepreneurs. Provision of sites and sheds at
concessional rate to service ventures in urban area will be essential for their
success. Many State/U.T Governments are providing various tax
concessions and incentives under their industrial Policy. Such concessions
should also be extended to the beneficiaries under the scheme.
b. As load requirement will be small, State/U.T. governments have also been
requested to give priority to the person getting the loan sanctioned under the
PMRY for electric connection and no deposit should be asked for and small
infrastructure e.g. erecting a few poles and extension of wire line should be
done expeditiously.
c. Implementation of the Scheme of PMRY
Yearwise Target and Achievements
Sl
N
o
Year Target
Application
sSanctioned Disbursed
Nos. of
Benef.
Traine
d
Empl
. GenRecd. Spon. Nos.
Amoun
tNos.
Amoun
t
1 1993 - 94 200 574 199 139 106.29 135 98.92 152 313
2 1994 - 95 300 1339 428 307 211.47 288 191.53 316 567
3 1995 - 96 550 1622 592 513 356.88 477 296.77 586 687
4 1996 - 97 550 1537 635 553 406.12 497 327.37 589 735
5 1997 - 98 550 1733 588 524 364.63 464 289.95 415 751
6 1998 - 99 550 1699 583 463 341.84 396 247.1 494 538
7 1999 - 00 550 2912 609 477 315.47 290 163.37 551 261
8 2000 - 01 600 3249 640 417 194.65 179 121.11 549 213
9 2001 - 02 2000 3591 1920146
6
977.30
5
119
5
845.69
41714 1267
10 2002 - 03 300 3356 334 157 82.5 9 6.49 160 18
11 2003 - 04* 135
0
12 2004 - 05* 140
0
Total 8900 21612 6528501
6
3357.1
6
393
02588.3 5526 5350
PRIME MINISTERS ROZGAR YOJANA (PMRY)
Monday, February 28, 2011
PRIME MINISTERS ROZGAR YOJANA (PMRY)
GENERAL FEATURES
Introduction
Prime Minister's Rozgar Yojana was launched on 2nd October 1993 to assist
educated unemployed youth to set up self-employment ventures. The scheme
targeted for setting up of nearly 7 lakh enterprises and consequent employment
generation to more than one million educated unemployed youth in the last four
years of the 8th Five Year Plan. Initially, the scheme was implemented only in the
urban areas of the country. Since 1994-95, it is in operation in both urban as well
as rural areas. The scheme continued in the 9th Five Year Plan with the plan target
of 11.00 lakh beneficiaries with annual target of 2.20 lakh beneficiaries. The
PMRY is continuing in the 10th Five Year Plan also with the plan target of 11.00
lakh beneficiaries.
Common Minimum Programme (CMP) of the UPA Government envisages
creation of additional employment opportunities in the rural non-farm sector.
Accordingly, the target for the year 2004-05 & 2005-06 under the Yojana has been
enhanced from 2.20 lakh beneficiaries to 2.50 lakh beneficiaries per annum.
Objective
The PMRY aimed to provide employment to more than a million persons by setting
up of 7 lakhs micro enterprises by the educated unemployed youth during the last
four years of VIII Five Year Plan i.e. 1993-94 to 1996-97. The Scheme has been
continuing in the X Five Year Plan. It relates to the setting up of the self
employment ventures in all economically viable projects (except direct agricultural
operations). The Scheme also seeks to associate reputed non-governmental
organisations in implementation of PMRY Scheme especially in the selection,
training of entrepreneurs and preparation of project profiles.
Target Group/Eligibility
1. Age: i) 18 to 35 years for all educated unemployed.
ii) 18 to 40 for all educated unemployed in North-East States, Himachal Pradesh,
Uttaranchal and J&K.
iii) 18 to 45 years for Scheduled Castes/Scheduled Tribes, Ex-servicemen,
Physically Disabled and Women.
2. Educational Qualification: VIII pass. Preference will be given to those who
have been trained for any trade in Government recognised/approved institutions
for duration of at least six months.
3. Family Income: Neither the income of the beneficiary along with the spouse
nor the income of parents of the beneficiaries shall exceed Rs.40,000/- per
annum.
4. Residence: Permanent resident of the area for atleast
3 years. (Relaxed for married men in Meghalaya and for married women in rest
of the country. For married men in Meghalaya and for married women in rest of
the country, the residency criteria applies to the spouse or in-laws.
5. Defaulter: Should not be a defaulter to any nationalized bank/financial
institution/co-operative bank. Further, a person already assisted under other
subsidy, linked Government schemes would not be eligible under this scheme.
6. Activities Covered: All economically viable activities including agriculture and
allied activities but excluding direct agricultural operations like raising Crop,
purchase of manure etc.
7. Project Cost: Rs.1.00 lakh for business sector. Rs.2.00
lakh for other activities, loan to be of composite nature. If two or more eligible
persons join together in a partnership, project upto Rs.10.00 lakh are covered.
Assistance shall be limited to individual admissibility. Self Help Groups can be
considered for assistance under the Scheme provided:
· Educated Unemployed Youth satisfy the eligibility criteria laid down under the
Scheme volunteer to form SHG to set up self-employed ventures (Common
Economic Activity).
· A Self Help Group may consist of 5-20 educated unemployed youth.
· No upper ceiling on loan.
· Loan may be provided as per individual eligibility taking into account
requirement of the project.
· SHG may under take common economic activity for which loan is sanctioned
without resorting to onward lending to its members.
· Subsidy may be provided to the SHG as per the eligibility of individual
members taking into account relaxation provided in North Eastern States,
Uttaranchal, Himachal Pradesh and Jammu & Kashmir.
· Required margin money contribution (i.e. subsidy and margin to be equal to 20
per cent of the project cost) should be brought in by the SHG collectively.
· The exemption limit for obtention of collateral security will be Rs.5.00 lakh per
borrowal account for projects under Industry Sector. Exemption from collateral
will be limited to an amount of Rs.1.00 lakh per member of SHG for projects
under Service & Business Sectors. Banks may consider enhancement in limit of
exemption of collateral in deserving cases.
· Implementing agencies may decide necessity of predisbursal training for all the
members/majority of the members of the group.
8. Subsidy & Margin Money: i) Subsidy will be limited to 15% of the project
cost subject to ceiling of Rs.7,500/- per entrepreneur. Banks will be allowed to
take margin money from the entrepreneur varying from 5% to 16.25% of the
project cost so as to make the total of the subsidy and the margin money equal
to 20% of the project cost.
For North Eastern States, Himachal Pradesh, Uttaranchal and J&K.
ii) Subsidy @ of 15% of the project cost subject to a ceiling of Rs.15,000/- per
entrepreneur for north-eastern States, Himachal Pradesh,Uttaranchal and Jammu &
Kashmir. Margin money contribution from the entrepreneur may vary from 5% to
12.5% of the project cost so as to make the total of the subsidy and the margin
money equal to 20% of the project cost.
9. Collateral: No collateral for units in industry sector with project cost upto
Rs.2.00 lakh (the loan ceiling under the PMRY). For partnership projects under
Industry Sector, the exemption limit for obtention of collateral security will be
Rs.5.00 lakh per borrowal account. For units in service and business sector no
collateral for project upto Rs.1.00 lakh. Exemption from collateral in case of
partnership project will also be limited to an amount of Rs.1.00 lakh per person
participating in the project.
10. Rate of interest & repayment: Normal rate of interest shall be charged.
Repayment schedule may range between 3 to 7 years after an initial
moratorium as may be prescribed.
11. Reservation: Preference should be given to weaker sections including women.
The scheme envisages 22.5% reservation for SC/ST and 27% for Other Backward
Class (OBCs). In case SC/ST/OBC candidates are not available, States/UTs Govt.
will be competent to consider other categories of candidates under PMRY.
12. Training: Each entrepreneur whose loan is sanctioned is provided training as
per details given below:
i) For industry sector: Duration: 15-20 working days.
Stipend: Rs.300/-.
Training expenditure: Rs.700/-. Per beneficiary
ii) For service & business sector:
Duration: 7-10 working days.
Stipend: Rs.150/- Per beneficiary
Training expenditure: Rs.350/-.
13. Implementing Agency: The District Industry Centres and Directorate of
Industries are mainly responsible for implementation of the Scheme along with
the banks.
14. Implementation :
The district being well established geographical unit for many programmes
the coordinated implementation of the programme is undertaken at the
district level. The educated unemployed youth are expected to apply to the
District Industries Centre/Directorate of Industries/O/o the Dy.
Commissioner of their districts. Preliminary screening is done by a District
Level Task Force Committee/Block Level Task Force Committee/Mandal
Level Task Force Committee.
At district level, Task Force comprises of a Chairman who is a senior officer
of the implementing agency preferably head of the agency e.g. General
Manager of District Industries Centre, Director, in case of SISI, Addl.
Director of Industries in case of Directorate of Industries, or Dy.
Commissioner of the District. Other members of the Task Force are
representatives of 1. Lead bank. 2. Two leading Banks. 3. District
Employment Officer. 4. One member each from DIC/SISI (Other than the
implementing agency). 5. One officer as a member secretary to be
nominated by the chairman of the Task Force. 6. Chairman may co-opt one
or more members from reputed non-governmental organisations.
To ensure that the welfare of the women is taken care of, State and UTs
have been instructed to invite one woman associated with the welfare of
women in the meeting of the District Task Force Committee.
Besides, the lead bank and the leading banks, other implementing banks
should be invited to attend the District Task Force Committee meetings on
rotational basis.
Implementation of the scheme involves identification of beneficiary,
Selection of specific avocations, identification of the support system
required by the beneficiary,- escort service and close liaison with the banks
and other local agencies concerned with industry, trade and service sectors.
The Task Force is responsible for (i) motivating and selecting the
entrepreneurs, (ii) identifying and preparing schemes in industry, service
and business sectors, (iii) determining the avocations/ activities (iv)
recommending loan (v) getting speedy clearance, as necessary from the
authorities concerned.
15. Monitoring :
The Scheme is being monitored at district level by District PMRY
Committee, at State / UT level by State/UT PMRY Committee and at
Central level by High Powered Committee under the Chairmanship of Secy.
(SSI & ARI).
16. Involvement of Non-Governmental Organisations :
State/UT Governments may involve reputed Non-Governmental
Organisations, Chambers of Commerce and Industry, Trade and Industry
Associations etc., right from the identification, motivation and selection of
beneficiaries by nominating them in the Task Force, preparation of project
profiles. They can also help the borrowers in proper management of the
assets, marketing of the products, repayment of loan installments etc.
Training of beneficiaries is another area where they can play a very useful
role. State/UT Governments should work out the methodologies to associate
the reputed NGOs in a manner, which will bring the scheme to the doorstep
of the potential beneficiaries. Industry Associations should also be requested
to urge their members to adopt at least one unit and act as mentor.
OPERATIONAL GUIDELINES
Immediately on receipt of targets from the Central Government, State/UT
Governments would convey district wise targets to each district. During the year
1993-94, it was proposed to cover 40,000 beneficiaries under PMRY in urban areas
only. Since 1994-95 the scheme has been continuing with annual plan target of 2.20
lakhs persons. The target for 20054-05 has been enhanced to 2.50 lakh.
1. Basic Target are distributed by giving 50% weightage to population and 50%
weightage to the educated unemployed youth registered in the Employment
Exchanges of the State/UT. Additional targets are also allocated to States/Uts
depending upon the (a) past performance of the State/UT, (b) special need of the
State/UT, (c) Assurance to address to loan recovery, (c) other issue like
furnishing of utilisation certificates etc.
2. The Task Force would invite applications in Prescribed Form from eligible
persons through advertisements in local newspapers. Bank branches have also
been authorised to receive applications directly under the scheme. Publicity
would also be given by display on Notice Boards in the Banks and BDO's
offices. (Prescribed application form is an indicative one and can be suitably
modified if need be, in the District Level Bankers Committee).
3. The applicant is required to submit application form duly filled along with an
‘Affidavit’ on plain paper.
4. These applications will be approved by the District Task Force Committee and
would be recommended to the concerned bank branches. The names of the
beneficiaries approved by the Task Force would be displayed on the Notice Board
in the office of the Chairman of the Task Force immediately after the meeting.
5. All the cases received by the Branch Managers after recommendation by the
Task Force Committee would be disposed of expeditiously.
6. The successful applicants are required to submit the ‘Affidavit’ on the
relevant no judicial stamp paper (Value being determined as may be applicable to
the concerned state). The affidavit should be duly attested by a Notary and not by
the Oath Commissioner.
7. Training Institutions should be identified and modules for training should be kept
ready by the time the loan is sanctioned by banks.
8. As soon as the cases are sanctioned intimation will be sent to DICs etc. (i.e.
implementing agency) by the banks so that training activity can start.
9. In order to ensure that the desired results are achieved all activities should be
completed in a time bound manner and difficulties experienced should be sorted
out in the District PMRY Committee.
10. State/UT Governments may provide necessary infrastructure support like
provision of industrial sites, shops, water on preferential basis to these
entrepreneurs. Provisions of sites and sheds at concessional rate to service
ventures in urban areas will be essential for the success of service ventures.
Many State/UT Govts. are providing various tax concessions and incentives
under their Industrial policy. Such concessions should also be extended to the
beneficiaries under the scheme.