Sanitation Workers Rehabilitation Scheme (SWRS)
- Under this Scheme, Term Loans are provided through State Channelizing Agencies (SCAs), Regional Rural Banks (RRBs) and Nationalized Banks to the target group.
- Loan under this scheme is provided to the target group who are presently doing sewerage/drainage work in unhygienic working conditions to do the cleaning work mechanically instead of manually for the project with a maximum project cost upto Rs.15.00 lac per unit for purchase of various sanitation based equipments like Vacuum Loader, Garbage Disposal Vehicles, Suction Machine and Pay & Use Toilet for doing sewerage/cleaning work mechanically & other sanitation related income generating activities etc.
- Loan component from NSKFDC can be provided up to maximum of 90% of the unit cost and the remaining 10% is to be provided by the State Channelizing Agencies in the form of loan, subsidy or from any other available sources of funds.
Maximum Limit | Interest Chargeable from | |
---|---|---|
SCA | Beneficiary | |
Upto Rs. 15.00 Lac | 3% p.a. | 6% p.a. |
Repayment period: Upto 10 years after implementation period of 3 months and moratorium period of 6 months depending on the viability/profitbility and repaying capacity of the unit.