What changed
RBI issued a master circular (RPCD.SP.BC. No.6/09.03.01/2009-10) on July 1, 2009, consolidating all previous SRMS guidelines up to June 30, 2009. The Government extended the scheme deadline from March 31, 2009 to September 2009. Banks are now directed to implement SRMS in place of the old NSLRS, which stopped receiving government funding from 2005-06.
What it means for you
The scheme should be administered as a national priority with a resolute sense of purpose. Banks must complete rehabilitation of 3,42,468 remaining scavengers by September 2009. Banks need to identify beneficiaries, assess aptitude for alternative trades, and disburse concessional loans with capital subsidy.
What you must do
- Implement SRMS in place of NSLRS immediately; note that NSLRS stopped receiving government funding from 2005-06.
- Identify remaining 3,42,468 scavengers and dependents using state-wise data in Appendix-I.
- Disburse concessional loans and capital subsidy as per scheme guidelines in Annexure I.
- Submit performance and recovery reports using proformas in Annexure II and III.
- Ensure scheme completion by September 2009; escalate any obstacles to controlling offices.
Who it affects
All Indian Public Sector Banks (excluding RRBs), Manual scavengers and their dependents yet to be rehabilitated
What is the deadline for completing SRMS implementation?
The scheme must be fully implemented by September 2009, as per the Government extension. Banks should expedite identification and disbursement to meet this deadline.
How many scavengers are yet to be rehabilitated under SRMS?
As per state survey reports, 3,42,468 manual scavengers and dependents remain to be rehabilitated, out of a total 7,70,338 identified. The remaining 4,27,870 were already assisted under NSLRS or ineligible.
What happens to the old NSLRS scheme?
The NSLRS scheme stopped receiving government funding from 2005-06. Banks must now implement SRMS instead, which includes capital subsidy, concessional loans, and capacity building for alternative occupations.