Cabinet approved Special Package for UT of Jammu & Kashmir and Ladakh

Union Cabinet has approved a Special Package worth Rs. 520 crore in the UTs of J&K and Ladakh for a period of five years till FY 2023-24 and ensure funding of DeendayalAntyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) in the UTs of Jammu and Kashmir & Ladakh on a demand driven basis without linking allocation with poverty ratio during this extended period.

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Key-Points

This will ensure sufficient funds under the Mission, as per need to the UTs and is also in line with Government of India’s aim to universalize all centrally sponsored beneficiary-oriented schemes in the UTs of J&K and Ladakh in a time bound manner.

Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) is a centrally sponsored programme that was launched in 2011 to eliminate rural poverty through promotion of multiple livelihoods for the rural poor households across the country.

DAY-NRLM seeks to reach out to all rural poor households, estimated at about 10 crore households.

It aims at organizing one-woman member from each rural poor household into Self Help Groups (SHGs) and enabling them to implement their livelihoods plans through accessing financial resources from their own institutions and the banks.

It is implemented in a Mission mode by special purpose vehicles (autonomous state societies) with dedicated implementation support units at the national, state, district and block levels.