[ppt]powerpoint presentation - welcome to national rural...
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Block Mission Management Unit (BMMU)/ Project Facilitation Teams
(PFT)
District Mission Management Unit
(DMMU)
State Mission Management Unit
(SMMU)
6 – 20 member teamwith thematic specializations
6-8 member team responsible for
programme implementation at
District level
5 member team responsible for
programme implementation at
Block level
8-10 Community Cadres at each Cluster
(28-40 Gram Panchayats)
State Missions – Dedicated manpower
Consultation mechanism with banks
• Central Level Coordination Committee (CLCC)
• IBA sub committee at the national level
• NRLM Sub-committee under SLBC
• NRLM Sub-committee under DCC
• BLBC with participation of community
representatives
SHGs SHGs SHGsSHGs SHGs SHGs
V.O
(15 – 25 SHGs)
Self Help Groups (10 -15 members)
(250 – 300 SHGs)
CLF
SHGBook Keeper
• VO Book Keeper• Community Facilitator
• CLF Accountant• Bank Mitra
Community Institution Architecture
SHG Monitoring Sub Committee Bank Linkage Sub committee
Asset Verification Sub Committee Social Action Sub Committee
Monitoring Sub Committee Repayment Sub committee
Convergence Sub Committee
Bank Linkage Mandate under NRLM
“Each poor Household is able to access credit of at least Rs 1 lakh in multiple
doses (over 4-5 years)”
Internal Lending
SB A/C opening
RFMCP prepared
CIFBank Credit – 1st Linkage
Bank Credit – 2nd Linkage3-4
Months
36-40 Months
2 Months
6 -12 Months
From 1st Meeting
SHG Capitalization Strategy
24 -30 Months
6-8 Months
6-8 Months
Bank Credit – 3rd Linkage
RF : Revolving FundMCP: Micro Credit PlanCIF: Community Investment Fund
Step by step process
• Revolving Fund (RF): RF support to SHGs which are active for a minimum period of 3/6 months and ‘Panchasutra’ - Rs 10000 – Rs 15000 per SHG
• Community Investment support Fund (CIF) : CIF will be provided to the SHGs in the intensive blocks, routed through the Village level/ Cluster level Federations
• Capital Subsidy has been discontinued under NRLM
MASTER CIRCULAR ON NRLM -Key points
Lending Norms
Eligibility criteria for the SHGs
• SHG should be in active existence at least 6 months & following ‘Panchasutra’.
• Revived SHGs are also eligible for credit if they are continue to be active for a minimum period of 3 months.
• Grading as per norms fixed by NABARD. As and when the Federations of the SHGs come to existence, the grading exercise can be done by the Federations to support the Banks.
Loan amount
• First dose: Rs. 50,000 or 4-8 times the corpus during the year whichever is higher.
• Second dose: Rs. 1 lakhs or 5- 10 times the existing corpus and proposed saving during the next twelve months, whichever is higher.
• Third dose: Minimum of Rs. 2 lakhs, based on the MCP prepared by the SHGs and appraised by the Federations/Support agency
• Fourth dose onwards: Loan amount can be between Rs. 5-10 lakhs for fourth dose and/or higher in subsequent doses. The loan amount will be based on the MCP
Type of facility and repayment
• SHGs can avail either Term loan or a CCL loan or both based on the need.
Repayment schedule could be as follows
• First dose: 6-12 installments • Second dose: 12-24 installments • Third dose - based on MCP - repayment either
monthly/quarterly /half yearly based on the cash flow (2 to 5 Years)
• Fourth dose onwards: repayment has to be either monthly/quarterly /half yearly based on the cash flow (3 to 6 Years)
Security and MarginNo collateral and no margin will be charged upto Rs. 10.00 lakhs limit to the SHGs
Interest Subvention scheme – Credit limit Rs 3 lakhsParameter Category-I districts Category-II districts
1 Coverage Limited to selected 150 districts Remaining 490 districts
2 Eligibility All women SHGS are eligible for IS NRLM compliant women SHGs are eligible for IS
3Benefit & eligibility Condition
SHGs will be eligible for loans from banks at upfront 7% per annum;
In case of prompt repayment additional 3% IS. Thus effective interest rate is 4% .
IS available on prompt repayment only
IS will be equivalent to the difference between lending rate of banks and 7% per annum
4 Release mehanism Banks will be subvented
SHGs will be subvented Difference between the
bank's lending rate and 7% (subjected to a max. of 5.5%)
5 Nodal Agency Canara Bank for PSBs & Pvt Banks NABARD for RRBs & Cooperative
BanksRespective SRLM
Role of Banks • Banks will lend to all women SHGs at upfront 7% per annum
(upto Rs 3 lakhs)• Banks will also pay additional interest subvention of 3% to SHG
loans accounts being serviced promptly• Bank will submit claims pertaining to interest subvention to
Canara Bank for further submission to MoRD for release of claims.
Role of MoRD & SRLMs• MoRD will subvent banks to as per DFS approved rate -
Weighted Average Interest Charged (WAIC)• SRLMs will undertake initiatives for spreading on the scheme
Interest Subvention Cat. – I (150 districts)
Weighted Average Interest Cost (WAIC)As prescribed by DFS
Banks WAIC Interest to be subvented above 7%
HDFC Bank 18.00 5.5ICICI Bank 14.26 5.5Yes Bank 20.50 5.5Axis Bank 12.68 5.5J&K Bank 13.00 5.5Karur Vysy Bank 11.28 4.28Dhanalaxmi Bank 13.00 5.5Ratnakar Bank 18.00 5.5South Indian Bank 14.50 5.5Federal Bank 12.70 5.5ING Vysy Bank 19.05 5.5Indus Ind Bank No lending to WSHG NAKotak Mahindra Bank No lending to WSHG NATamil Nadu Mecantile Bank No lending to WSHG NA
Role of Banks
• Banks will lend to women SHGs at regular lending rates• Banks to regularly share data with NRLM on loans disbursed
to women SHGs directly from CB
Role of State Missions• State Missions will identify ‘NRLM Compliant SHGs’• Based on the data shared by banks, promptly repaying SHGs will
be identified.• State Missions will transfer the amount of interest subvention
directly to SHG loan a/c.
Interest Subvention Cat. – II (490 districts)
Share in Credit disbursement to SHGs (FY13-14)
59%8%
26%
7%
Public Sector Banks Private Sector BanksRegional Rural Bank Cooperative Bank
Region-wise penetration by Pvt Banks (2013-14)
4.67%12.58%
1.21%
81.54%
Northern Region Western Region Central Region Southern Region
Growth in disbursement of loan by Pvt Banks
2011-12 2012-13 2013-140
10000
20000
30000
40000
50000
60000
70000
80000
90000
100000
0
500
1000
1500
2000
2500
29557
69843
87976
546.78
1293.33
1923.62
Loan
Am
ount
(Rs C
r)
No.
of S
HG L
inke
d
No. of SHG LinkedLoan Amount
Average loan Size to SHGs
2011-12 2012-13 2013-14160000
170000
180000
190000
200000
210000
220000
230000
184991 185176
218652
Amou
nt o
f Cre
dit P
er S
HG (R
s)
S.No. States Estimated no of SHGs
No. of SHGs having Loan
o/s(Mar 2014)
% of SHG having loan outstanding
Share of Pvt Banks
1 TAMIL NADU 6,36,000 4,46,671 70% 10%2 KARNATAKA 5,00,000 3,37,196 67% 6%3 RAJASTHAN 2,31,763 1,29,830 56% 8%4 KERALA 2,29,964 1,17,303 51% 18%5 MP 1,59,457 81,030 51% 6%6 MAHARASHTRA 6,87,717 2,04,355 30% 12%7 GUJARAT 2,08,410 61,848 30% 3%
Total 26,53,311 13,78,233
SHGs Bank Linked
Source: Status of Microfinance 2013-14, NABARD
SRLM- Promotion of SHG & Fedn- Capacity Building of CBOs- Financial literacy, counselling services
on savings, credit and Micro-investment Planning
- Placement of Bank Sakhi- Institutionalizing CBRM for ‘Zero NPA’
Pvt Banks
- Opening of SB a/c- Channeling benefits to SHG &
members – Community Funds/ Interest Subvention/ other entitlements
- Credit Linkage of SHGs
NRLM
1. Policy Formulation 2. Project Financing 3. Technical Support
SHG
Expectation From Private Sector Banks
• Much greater Partnership with SRLMs for lending to women SHGs
• Data sharing on loan disbursed to women SHGs on monthly basis.
• Assign following codes to all accounts of SHGs• Unique code for Women SHGs – Assign gender
based codes for SHGs-Male, Female as well as mixed irrespective of promoting agency
• Unique code for NRLM – For both S/B and loan
accounts of women SHGs• channel Interest Subvention benefit for Women SHGs