The objective of the scheme is to provide training to the disabled persons to make them capable and self-dependent through proper technical training in the field of traditional and technical occupations and entrepreneurship.
Financial assistance in the form of grant is provided for conducting/sponsoring the training:
- Through the State Channelsing Agencies, where the training is sponsored by such Agency
- Through the Bank implementing NHFDC schemes, where the training is sponsored by such bank
- Though the training institute/ organisation, where the training is conducted by NHFDC by hiring the services of reputed national/state level institution directly
The scope of the scheme is limited to
- Beneficiaries who have received loan from NHFDC through the SCA/Bank implementing NHFDC schemes and are successfully pursuing their income generating activity.
- Beneficiaries who have been sanctioned loan and are awaiting to receive loan.
- Potential beneficiaries who wish to avail loan from NHFDC and fulfill the eligibility criteria for availing loan.
Eligibility :
The beneficiaries should fulfill the eligibility criteria for availing loan from NHFDC.
Duration of Training
From 1 (one) month to 6 (six) months.
Amount of Grant
- The total grant from NHFDC under the scheme in a financial year shall be limited to Rs. 5.0 lakh or 1% of the total disbursed amount (less refund of loan) by SCA/Bank upto the end of previous financial year, whichever is higher.
- In case of training conducted by NHFDC directly through the training institution, the amount of grant shall be limited to Rs. 5.0 lakh per state in a financial year.
- 100% of the total recurring cost of the training programme is provided by NHFDC.
- Stipend – The recurring training cost shall include a stipend of Rs. 500/- per month to the trainee to cover the cost of transportation and other incidental expenses. The training institute/SCA shall release the stipend in favour of the trainee through A/c payee cheque only.
Procedure for Obtaining Financial Assistance
The training proposal is to be submitted to National Handicapped Finance and Development Corporation by the State Channelising Agency/Bank implementing NHFDC schemes; wherever, such agencies sponsor the training. Reputed National/State level training organisations may also directly approach NHFDC with their training proposal. The training proposal is to be prepared in accordance with the guidelines for preparation of training proposal under the scheme.
Training Institute –Information/ Documents to be furnished
- Training through Government training Institutes:
In the case of training proposal envisages the training to be conducted by Government Training Institutes like Industrial Training Institute (I.T.I.), Polytechnic, Engineering College, Agriculture University, National Institute for Entrepreneurialship and Small Business Development etc., brief details about such organisation and training facilities available with them should be furnished with NHFDC. - Training through reputed Private training Institutes:
If the training proposal envisages involving reputed private training institutes; profile of the institute its past record particularly training conducted for the disadvantaged section of the society etc. should be submitted with NHFDC. For conducting training for visually and speech & hearing impaired, the facilities of the institute should be examined and indicated in the training proposal
Provided that the conditions at (1) and (2) above shall not apply, where NHFDC directly hire the services of the training institutes for conducting the training.
Inclusive Training
Persons with disabilities can also be included in regular/batches of scheduled training alongwith non-disabled persons. In such cases, the number of Persons with disabilities and the nature of their disability should be clearly indicated.
Guidelines & Application : Scheme for Financial Assistance for Skill and Entrepreneurial Development
For Contact
National Handicapped Finance and Development Corporation (Ministry of Social Justice & Empowerment)
Red Cross Bhawan, Sector-12, Faridabad – 121 007