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May 24, 2025 at 02:48 PM
🔆Ajeevika Grameen Express Yojana (AGEY)
✅It is part of the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
📍Key Facts about the scheme :
âś… The Self Help Groups under DAY-NRLM will operate road transport service in backward areas.
âś…This will help to provide safe, affordable and community monitored rural transport services to connect remote villages with key services and amenities for the overall economic development of backward rural areas. âś…This will also provide an additional avenue of livelihood for SHGs.
âś… The beneficiary SHG member will be provided an interest free loan by the CBO from its Community Investment Fund upto Rs.6.50 lakh for purchase of the vehicle.
âś…Alternative, CBO will own the vehicle and lease it to an SHG member to operate the vehicle and pay lease rental to the CBO
âś…Nodal Ministry and institutions : Ministry of Rural Development
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