Union Ministry of Rural Development to launch Aajeevika Grameen Express Yojana

Posted on:21 Jul 2017 11:58:46
Union Ministry of Rural Development to launch Aajeevika Grameen Express Yojana
21 July 2017 Current Affairs: The Ministry of Rural Development will launch a new sub-scheme under Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) which will be named as “Aajeevika Grameen Express Yojana (AEGY)”.

It aims to provide an alternative source of livelihoods to members of Self Help Groups (SHGs) under DAY-NRLM by facilitating them to operate public transport services in backwards rural areas.

The States have informed about the number of blocks allocated to them to take up this sub-scheme in the pilot phases. One of the options proposed to be given under the sub-scheme is that the Community Based Organisation (CBO) will provide an interest-free loan from its own corpus to Self Help Group member for purchase of the vehicle.

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