Aajeevika Grameen Express Yojana, Interest free loans on e-rickshaws, three-wheelers
July 21st, 2017
The Union Ministry of Rural Development announced that it will launch a new sub-scheme Aajeevika Grameen Express Yojana (AGEY) under the Deendayal Antyodaya Yojana – National rural Livelihoods Mission (DAY-NRLM). The Aajeevika Grameen Express Yojana aims to provide an alternative sourc of livelihoods to members of Self Help Groups (SHGs) under DAY-NRLM by facilitating them to operate public transport services in backward rural areas. The sub-scheme will provide safe, affordable and community monitored rural transport services like e-rickshaws, 3 and 4 wheeler motorised transport vehicles to connect remote villages with key services and amenities including access to markets, education and health for the overall economic development of the area.