Ref.No.NB.MCID / 670 - 671 /DAY-NRLM-Policy/ 2020-21
Circular No: 277 / MCID - 03 / 2020
8 October 2020
(1) The Chairman
All Regional Rural Banks (RRBs)
(2) The Managing Director
All State Cooperative Banks / District Central Cooperative Banks
Madam / Dear Sir,
Master Circular on Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) & Interest Subvention Scheme for Women SHGs under DAY-NRLM for the Year 2020-21
Please refer to our Circular letter NB.MCID / 1838/DAY-NRLM-Policy/ 2019-20 dated 12 December 2019 on the captioned subject. The Master Circular on Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) and revised guidelines for operationalization of Interest Subvention Scheme for the year 2020-21 under DAY-NRLM, are annexed herewith (Annexure I & II). Please ensure adherence to the instructions.
2. The detailed guidelines on the availability of concessional refinance from NABARD for financing the Women SHGs under the scheme will be issued separately.
3. Banks may submit the interest subvention claims for Category-I districts (list of 250 districts in Annexure III) in prescribed forms (Annexure VI & VII) for the quarters ended 30 June 2020 and 30 September 2020, immediately.
Chief General Manager
Encl: As above