Presentation on funding schemes

FUNDING POLICIES SCHEME

Introduction

What is funding schemes ?

These schemes provides financial support

to different government and non

government organizations for

implementation of project.

Some government funding scheme :

1. Credit- cum -subsidy scheme for rural

housing

2. HRIDAY

3. PFDF

Credit-cum-subsidy scheme for rural housing

Objective-To facilitate construction of

houses for rural families who have some

repayment capacity.

Scope-Provides shelter to rural families

who have not been covered under IAY and

who are desirous of possessing a house.

Funding

Centre and the State in the ratio of 75:25 respectively.

Strategy

Rural poor just above the

poverty line are entitled to get the benefits of the scheme.

How to Seek Assistance-State Governments

decide the implementing agency.

Starts in January 2015

1. NEED FOR THE SCHEME

approach to city development, bringing together urban planning/economic growth and heritage conservation in an inclusive and integrated manner with focus on livelihoods, skills, cleanliness, security, accessibility and service delivery.

SCHEME STATEMENT

It aims to implement and enhance the basic services delivery with focus on sanitation services like providing water, toilets, street lights etc.

To preserve and vitalize so that tourist can connect with the citys heritage.

SCHEME OBJECTIVES

The main objective of HRIDAY is to preserve

character of the soul of heritage city and

facilitate inclusive heritage linked urban

development by exploring various avenues

including involving private sector.

FUNDING OF PROJECTS

ALlocation of Project Fund available with

HRIDAY the distribution will be as under:

Sr.no.components% of total funds1HRIDAY Pilot Cities Project implementation 85%2NPMU/City PMU Establishment and operationalization at MOUD/City 3%3Capacity Development for Heritage Cities 3%4DPRs and Development / Management Plans 4%5IEC 4%6A&OE1%

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OUTCOMES OF HRIDAY SCHEME

The followings are the specific outcomes envisaged under HRIDAY.

1. Clean and Improved sanitized environment .

2. Improved sanitation standards at natural and cultural tourist attractions with convenience and safety for visitors.

3. Properly conserved, revitalized and beautified heritage monuments.

4. Greater participation by local communities in tourism-related economic and livelihood activities.

5. Increase in the inflow of the tourist to cities.

6. Increase in the duration of stay of the tourist in the town.

POOLED FINANCE DEVELOPMENT FUND(PFDF)

PFDF IS A CENTRAL GOVT. SCHEME STARTED IN 2006 TO PROVIDE THE CREDIT ENHANCEMENT FACILITIES

TO ULBs BASED ON CREDIT WORTHINESS

OBJECTIVE :-

1. IMPROVE INFRASTRUCTURE FACILITIES OF ULBs

2. PROMOTE RESOURCE GENERATED SCHEME FOR ULBs TO IMPROVE FINANCIAL SCENARIO

STRUCTURE OF PFDF

For implementing Pooled Finance PROJECT, a

State Pooled Finance Entity (SPFE) shall be

required to be set up in each State

CENTRAL GOVT. PROVIDE 5% FUND FOR PROJECT

DEVELOPMENT ASSISTANCE AND 95% CREDIT

RATING ENHANCEMENT FUND(CREF) TO IMPROVE

THE CREDIT RATING OF ULBs

SUMMARY OF MUNICIPAL CREDIT RATING UNDER JNNURM

RATING CATEGORYNO. OF CITIESCITIESKEY CREDIT FACTORAAAAAABBBBBNIL 46107 -MUMBAI, NASIK,SURAT,PUNENAGPUR,RAJKOT,VADODRA,AHMEDABAD,ETCBHOPAL,INDORE,AJMER,JAIPUR, PANJI ETCUJJAIN,JABALPUR,MEERUT, SHIMLA ETC -HAVING STRONG FINANCIAL BACKGROUND,SURPLUS REVENUEHAVING COMFORTABLEFINANCIAL RISK AND FAVOURABLE BASEWEAK FINANCIAL BACKGROUND,DEPEND ON GOVT.WEAK PROJECT IMPLEMENTATION FACILITIES

ADVANTAGE OF PFDF

DUE TO THIS SCHEME MUNICIPALITIES CAN KNOW

WHICH RATING THEY BELONG AND ACCORDINGLY

THEY CAN IMPROVE THEIR RATINGS