Outlook Money
DAY is an ambitious scheme of the Central government, which aims to uplift the urban and rural poor by enhancing sustainable livelihood opportunities through skill development.
The objective of the scheme is to reduce urban and rural poverty by increasing livelihood opportunities through skill development and other measures.
DAY has two components – one for urban India and the other for rural India. The urban component is implemented by the Union Ministry of Housing and Urban Poverty Alleviation, while the rural component, is implemented by the Union Ministry of Rural Development.
The mission of this yojana is to provide shelter equipped with essential services to the urban homeless in a phased manner.
The Government of India has made a provision of Rs 500 crore for this scheme. It is an integration of the National Urban Livelihoods Mission (NULM) and the National Rural Livelihoods Mission (NRLM).
The Mission seeks to achieve its objective through investment in four main components, (a) social mobilization and promotion and strengthening of self-managed and financially sustainable community institutions of rural poor women; (b) financial inclusion; (c) sustainable livelihoods; and (d) social inclusion.
Compiled by Syed Muskan