NULM - National Urban Livelihoods Mission
The National Urban Livelihoods Mission (NULM), under the aegis of the Ministry of Housing and Urban Affairs, aims to facilitate skilled wage employment and gainful self-employment among the urban poor.
It would also provide shelter that is equipped with essential services in a phased manner to the urban homeless. It will also make institutional credit, skills, social security, and suitable spaces to urban street vendors while also exposing them to the potential of emerging market opportunities.
NULM Eligibility Criteria
The target group for this scheme are the following entities who wish to become entrepreneurs:
- Homeless individuals
- Street vendors
- Urban poor
Features & Benefits of NULM
The NULM provides both financial and non-financial benefits to the urban poor.
The financial benefits are as follows:
- For Self-Help Groups: SHGs belonging to the urban poor will be given bank loans at a rate of interest of 7% p.a. All SHGs belonging to women which repay loans on time will receive an additional 3% p.a. subvention of interest, making the interest rate 4% p.a.
- For Self-Employment: Bank loans at an interest rate of 7% p.a. will be provided to the urban poor who wish to set up their own microenterprises or entrepreneurship ventures.
- For individuals, bank loans of up to Rs.2 lakh can be availed for individual micro-ventures while for urban groups setting up a group micro-venture, bank loans of up to Rs.10 lakh can be availed.
- Urban Street Vendors: Provides support, credit, and skilling for urban street vendors for the development of their micro-enterprises.
The non-financial benefits are as follows:
- Urban Street Vendors: Development of vending zones, vendor markets, and informal market sectors with civic and infrastructure development such as water supply, road paving, solid waste disposal, storage spaces, and lighting.
- Shelter for Urban Homeless: Financial support to Urban Local Bodies (ULBs) and state governments to construct, operate, and manage permanent shelters for the urban homeless.
Components of NULM
There are 7 important components of NULM, which are as follows:
- Innovative and Special project (ISP)
- Self-Employment Programme (SEP)
- Support to Urban Street Vendors (SUSV)
- Capacity Building and Training (CBT)
- Social Mobilization and Institution Development (SM&ID)
- Scheme of Shelter for Urban Homeless (SUH)
- Employment through Skills Training and Placement (EST&P)
NULM Registration Process
To register, visit the offices of the Deendayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM).
FAQs on NULM - National Urban Livelihoods Mission
- What is the limit of NULM?
For the establishment of their microbusinesses, individuals are eligible for bank loans of up to Rs.2 lakh, while the urban poor are eligible for bank loans of up to Rs.10 lakh.
- What is the major objective of NULM?
The major objective of NULM is to help urban poor households access opportunities for gainful self-employment and skilled wage work, thereby improving their livelihoods significantly and sustainably. The mission would be to gradually provide essential services and shelters to the urban homeless.
- What are the components of NULM?
The components of NULM are Employment through Skill Training and Placement, Social Mobilization and Institutional Development, Support to urban Street Vendor, Self-Employment Programme, Shelter for Urban Homeless, and Capacity Building and Training Programmes.
- What are the benefits of NULM?
The urban poor can obtain bank loans at an interest rate of 7% if they want to launch their own microbusinesses or self-employment ventures. For the establishment of a single microbusiness, an individual may be granted a bank loan for up to Rs.2 lakh. For a group of urban poor, Rs.10 lakh may be borrowed for a project. With infrastructure/civic facilities like water supply, solid waste disposal facility, and paving, it promotes the growth of vendor market, vending zone, and informal sector markets. For the purpose of building, operating, and managing permanent housing for urban homeless people, it offers financial assistance to state governments and urban local authorities.
- When was the NULM mission launched?
The National Urban Livelihoods Mission (NULM) was introduced on 23 September 2013 by the Ministry of Housing and Urban Affairs.
- Does a single beneficiary have access to the benefits of the NULM's various schemes?
Yes, a single beneficiary may receive all of the NULM's benefits. However, only one beneficiary ID will be created.
- What does 'additional subsidy' mean?
All Women SHGs (WSHGs) who repay their loans on time will receive an additional 3% interest subsidy. The loan must be repaid on time (in accordance with the loan repayment schedule) and the ULB must obtain the necessary certification from the banks. The banks must credit the eligible WHSG accounts with the 3% interest subvention amount and then request reimbursement.
- What is the previous name of NULM?
The previous name of NULM is Swarna Jayanti Shahari Rozgar Yojana (SJSRY).
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