Ministry of Social Justice and NSKFDC sign MoU

Ministry of Social Justice and NSKFDC sign MoU: The Ministry of Social Justice & Empowerment and the National Safai Karamcharis Finance and Development Corporation (NSKFDC) signed an MoU for 2023-25.

Aim: To enhance the socio-economic upliftment of Safai Karamcharis, and their dependants focusing on empowering these marginalized communities across the nation.

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The MoU underscores the commitment to accelerate inclusive growth through the effective allocation and utilization of funds for targeted welfare programs.

It focuses on complete mechanization of Sewer and Septic Tank cleaning operation by providing soft loans at low rates of interest to Sanitation Workers, Urban Local Bodies. Capital subsidy ranging from 50 to 32 percent is provided to sanitation workers taking up mechanized cleaning works under Swachhta Udyami Yojana (SUY). Adequate training is provided free of cost to sanitation workers regarding safety precautions, use of PPE kits and operation and maintenance of cleaning machines and equipments.

NSKFDC also provides loans upto Rs.1.00 lacs under its Mahila Samridhi Yojana and Micro Credit Finance Scheme. The overall rate of interest is 4% and 5%, respectively. The other loan schemes are General Term Loan and Green Business Schemes under which loans upto Rs.15.00 lacs and upto Rs.30.00 lacs respectively are provided with rate of interest at 6% and 1% rebate for women beneficiaries.