Facts for Prelims (FFP)
Source: PIB
Context: Ministry of Rural Development’s Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM) launched “Sangathan Se Samridhhi– Leaving no Rural Woman Behind”.
About the Campaign:
- It is a national campaign under Azadi Ka Amrit Mahotsav Samaveshi Vikaas
- Aim: To mobilize 10 crore women from vulnerable and marginalized rural households under the Self-Help Group (SHG) fold.
- Currently, 9 crore women already part of the SHG movement
- Benefits: sharing by SHG champions, mobilizing eligible women, training new SHG members, reviving defunct SHGs, and opening SHG bank accounts
What are SHGs?
They are small informal groups of 10-20 individuals, mostly women from similar social and economic backgrounds, who come together to form a group for mutual support and help.
- SHGs encourage members to save regularly, and these savings are then pooled to provide loans to members for various purposes such as starting a small business, paying for their children’s education or medical expenses, etc.
About Deendayal Antyodaya Yojana – National Rural Livelihood Mission (DAY-NRLM):
| Information | |
| Type | Centrally Sponsored Scheme |
| Launched in | 2011 (as a restructured version of SGSY), renamed in 2015 as Deendayal Antyodaya Yojana (DAY-NRLM) |
| Objective | Creating institutional platforms for the rural poor, including at least one member from an eligible household into the SHG fold, enable SHGs to increase household income |
| World Bank Support | Aid in part through investment support by the World Bank |
| Target | Cover 7 crore rural poor households and 10 Cr women |
| Overdraft Facility | Rs 5,000 available to verified SHG members under DAY-NRLM having accounts under the Prime Minister Jan Dhan Yojana with Banks |
| Working | Through Social, Community, Financial mobilization and convergence. |
