Introduced in 2013, the programme, which will be named as "Deen Dayal Antyodaya Yojana-Rashtriya Shahri Aajeevika Mission" in Hindi, is being currently implemented in 791 cities across the country covering all district headquarters, cities and towns with a population of above one lakh.
NULM seeks to enhance employment opportunities and incomes of the urban poor through skill development and training, setting up of individual and group micro-enterprises, formation of Self-Help Groups, building shelters for homeless, among others.
"NULM is now renamed as 'Deen Dayal Antyodaya Yojana-NULM' and in Hindi as 'Deen Dayal Antyodaya Yojana-Rashtriya Shahri Aajeevika Mission'," it added.
Now all the states and Union Territories (UTs) have been empowered to implement DAY-NULM in all the remaining 3,250 statutory urban local bodies even if they have a population of less than one lakh each, the release said.
In all, DAY-NULM will benefit urban poor in 1,505 new towns in the North, 991 towns in the South, 375 in the West, 249 in the East and 130 more towns in the North-East.
Under 'Social Mobilisation and Institution Development' through formation of Self-Help Groups for training members and hand holding, an initial support of Rs 10,000 is given for each group. For Registered Area Level Federations of such groups, assistance of Rs 50,000 is provided.
Urban poor are also assisted with interest subsidy of 5-7 per cent for setting up individual micro-enterprises with a loan of up to Rs 2 lakh and for group enterprises with a loan limit of up to Rs 10 lakhs, it said.
Other means of helping the urban poor is through setting up infrastructure for street vendors and innovative and special projects for rag pickers, differently abled etc, it added.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
