The success story of bihar

Monday, April 02, 2007

BIHAR GETS CENTRAL ASSISTANCE UNDER SGSY

Monday, April 02, 2007
The Ministry of Rural Development has released grants-in-aid of Rs.9.50 lakh as Second instalment to West Champaran DRDA in Bihar towards Restoration of cut on account of State Short Release of Central share of funds under the `Swarnjayanti Gram Swarojgar Yojana’ (SGSY) during the year 2006-07. Funds amounting to Rs.87.10 lakh as second instalment has also been released to Munger DRDA of Bihar under the same scheme. The amount should be utilized on the Programme as per approved guidelines of SGSY. The funding pattern will be 75:25 by the Centre and the State. The State Govts/DRDAs/ZPs are also to ensure to submit the report of State and District Levels Vigilance & Monitoring Committee meeting held during current year by March 31, 2007, otherwise Ist instalment during the next year will be held up. The State Government should release its share within one month of the date of release of the Central assistance.Under SGSY, assistance is given to the poor family living below the poverty line for taking up self-employment. It actively promotes group approach by organising the rural poor into Self-Help Groups.

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