National Scheduled Tribes Finance and
Development Corporation (NSTFDC), under the Ministry of Tribal Affairs,
implements schemes for self-employment of Scheduled Tribes by providing
concessional financial assistance to individuals or groups of STs for undertaking
Income Generation Activities. This financial assistance is extended through
channelizing agencies throughout India for eligible STs. Details of schemes
being implemented by NSTFDC are as follows:-
·
Term
Loan scheme: National Scheduled Tribes Finance and Development
Corporation (NSTFDC) provides Term Loan for any income generation scheme
costing upto Rs.25.00 lakhs per unit. The financial assistance is extended upto
90% of the cost of the scheme and the balance is met by way of subsidy/
promoter’s contribution/ margin money. The interest rate chargeable is 6% per
annum for loan upto Rs.5 lakhs, 8% per annum for loans ranging between Rs.5
lakhs to Rs. 10 lakhs and 10% per annum for loan exceeding Rs. 10 lakhs on the
entire amount of loan.
·
Adivasi
Mahila Sashaktikaran Yojana (AMSY): Under the scheme,
Scheduled Tribes women can undertake any income generation activity. Loans upto
90% for scheme costing upto Rs. 1 lakh are provided at a concessional rate of
interest of 4% per annum (p.a.).
·
Micro
Credit Scheme for Self Help Groups: The Corporation provides loans upto
Rs.50,000/- per member and Rs. 5 Lakhs per Self Help Group (SHG). The interest
rate chargeable is 6% p.a.
·
Adivasi
Shiksha Rrinn Yojana: Under this scheme, financial assistance upto
Rs.5.00 lakh at concessional rate of interest of 6% per annum is provided to ST
students for pursuing professional/ technical education including Ph.D. in
India. Ministry of Human Resource Development, Govt. of India provides interest
subsidy for this scheme, whereby, no interest is payable by a student during
the course period and one year or six months after getting the job, as the case
may be. There is also a provision for providing further concessional finance
for undertaking any income generation activity after completion of studies.
·
Tribal
Forest Dwellers Empowerment Scheme: Under the scheme, NSTFDC provides
financial assistance to Scheduled Tribes given land rights under Scheduled
Tribes and Other Traditional Forest Dwellers (Recognition of Forest Rights)
Act, 2006. Loan upto 90% of the scheme costing upto Rs. 1 lakh can be provided
at rate of interest of 6% p.a. This is a new scheme.
·
Scheme
for NGOs/ EVAs: This is a newly launched scheme under which NSTFDC provides
loans upto Rs.50,000/- per member and Rs. 5 Lakhs per Self Help Group (SHG)
through NGOs/ Established Voluntary Agencies. The interest rate chargeable is
12% p.a. from members of SHGs against which they will get an interest incentive
of 4% on timely payment thus making the effective rate of interest to 8%.
Samir/jk