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Business News/ Politics / SGSY to be restructured: govt
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SGSY to be restructured: govt

SGSY to be restructured: govt

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New Delhi: Government will soon restructure the Swarnjayanti Gram Swarojgar Yogana (SGSY) into National Rural Livelihood Mission (NRLM) to make it universal in application, rural development minister C.P. Joshi told the Rajya Sabha on Tuesday.

“We will restructure SGSY as soon as possible," Joshi said adding: “SGSY addresses below poverty line families and shortcomings of past would be overcome in the restructured programme."

“The aim of restructuring is to make it universal in application and focused in approach, besides ensuring time bound poverty reduction," he said.

He said: “After the restructuring, flexibility would be provided to the state governments to have their own poverty reduction action plans based upon their specific requirements. Stress would be laid on formation of women Self Help Groups."

“Apart from providing capital subsidy at an enhanced rate, it is also proposed to provide interest subsidy to poor households for loans up to Rs1 lakh from banks," Joshi said adding that the details of the proposal are being finalised in consultation with states and other stakeholders.

To a separate question, shipping minister G.K. Vasan said that a committee would be formed comprising representatives of Goa government and Mormugao Port Trust to look into issues related to land acquired by the port trust.

He said that the Goa government acquired 23,553 sq mt land at Adarshnagar of Vasco city for rehabilitation of persons affected due to construction of four-lane road from the port to the national highway.

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Published: 04 Aug 2009, 02:17 PM IST
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