National Rural livelihoods Mission (NRLM) – Aajeevika - Interest Subvention Scheme

RBI/2015-16/420
FIDD.GSSD.CO.BC.No.26/09.01.03/2015-16

June 09, 2016

The Chairman / Managing Director
All Public Sector Banks

Dear Sir / Madam,

National Rural livelihoods Mission (NRLM) – Aajeevika -
Interest Subvention Scheme

Please refer to our circular FIDD.GSSD.CO.BC.No.19/09.01.03/2015-16 January 21, 2016 enclosing guidelines on interest subvention scheme under National Rural Livelihoods Mission (NRLM).

2. In partial modification of the Scheme, Ministry of Rural Development, Government of India, vide their letter dated May 23, 2016, has advised that in para I. xii (Annexure – III to V) the clause “there is no human intervention” of the Scheme may be replaced by the clause “with minimal human intervention” in the Interest Subvention claim certificates.

Yours faithfully

(Uma Shankar)
Chief General Manager