Homelessness Current Affairs - 2020
Government launches PAISA Portal under Deendayal Antyodaya Yojana – National Urban Livelihoods Mission
Union Ministry of Housing and Urban Affairs launched ‘PAiSA’ – Portal for Affordable Credit and Interest Subvention Access during National Workshop on Municipal Finance and Urban Planning held in New Delhi.
It is centralised electronic platform for quicker processing of loans under the Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM). It aims to connect directly with beneficiaries and ensure there is greater efficiency in the delivery of services. It has been designed and developed by Allahabad Bank, the nodal bank under the scheme. All 35 States and Union Territories (UTs) & all scheduled commercial banks, Regional Rural Banks (RRBs) and Cooperative Banks are expected to be on board the PAiSA portal the year end.
Deen Dayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM)
It is Centrally Sponsored Scheme implemented by Union Ministry of Housing and Urban Poverty Alleviation. Its objective is to uplift urban poor folks by enhancing sustainable livelihood opportunities through skill development.
Its intended beneficiaries are urban poor (street vendors, slum dwellers, homeless, rag pickers); unemployed and differently abled. It provides for employment through Skill Training and Placement through City Livelihood Centers to reduce poverty and vulnerability of the urban poor households.
It also provides social mobilization and institution development through formation of Self-Help Groups (SHG) for training members and hand holding, an initial support of 10, 000 is given for each group.
It also provides subsidy to urban poor i.e. interest subsidy of 5% – 7% for setting up individual micro-enterprises with loan of up to 2 lakhs and for group enterprises with loan limit of up to Rs.10 lakhs.
It fully funds cost of construction of shelters for urban homeless. It also provides for development of vendor markets and also promotion of skills for vendors through setting up infrastructure and special projects for rag picker and differently abled etc.