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The Indian government is set to launch the National Urban Livelihood Mission (NULM 2.0) aimed at supporting urban poor and vulnerable groups, including domestic, construction, sanitation, and gig workers. The initiative will provide microcredit of up to Rs 4 lakh for individuals and Rs 20 lakh for groups at a subsidized interest rate of 5%. A pilot exercise will identify urban poor across 25 cities, enumerating around 50,000 households to ensure they receive appropriate welfare and social security benefits. Each identified family will receive a unique ID card to facilitate access to various government schemes.
The Indian government is set to launch the National Urban Livelihood Mission (NULM 2.0) aimed at supporting urban poor and vulnerable groups, including domestic, construction, sanitation, and gig workers. The initiative will provide microcredit of up to Rs 4 lakh for individuals and Rs 20 lakh for groups at a subsidized interest rate of 5%. A pilot exercise will identify urban poor across 25 cities, enumerating around 50,000 households to ensure they receive appropriate welfare and social security benefits. Each identified family will receive a unique ID card to facilitate access to various government schemes.
•Focus on domestic, construction, sanitation, and gig workers.
•Microcredit of up to Rs 4 lakh for individuals, Rs 20 lakh for groups at 5% interest.
•Pilot exercise to identify urban poor in 25 cities, targeting 50,000 households.
•Unique ID cards for identified families to access welfare schemes.
•Enumeration will collect data on income, migration, and assets.
•Aim to create city livelihood action plans for better income opportunities.
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