Economic Analysis of utilization of Swarnjayanti Gram Swarozgar Yojna in Jaipur District of Rajasthan

The present investigation was conducted with the objectives to study the pattern of loan distribution, repayment of loans, problem of over-dues, changes in income, consumption, investment and employment of beneficiary families under SGSY programme. For the present study, out of 13 panchayat samities in Jaipur district, Amber and Sambhar panchayat samities were selected on the basis of highest number of swarojgaries under SGSY. A sample of 10 beneficiary and 10 nonbeneficiary families (which had not yet received financial assistance) were selected from each village, thereby, making a sample of 80 respondent families. Both primary and secondary data were collected for the year 2005–06 and used to analyze the results. The study has revealed that livestock are the popular activities for getting the financial assistance under SGSY dairy, camel cart and bullock cart and manufacturing and selling of vermi-compost purposes respectively. Further, none of the beneficiaries fully utilized the loan amount for productive purposes. A part of it was misutilized in meeting social obligations, consumption purposes and in repaying the old debts. About one third of the beneficiaries did not repay their loan timely due to high expenditure on social and religious activities, low income from assets purchased and borrowed funds were used for medical purposes. The study has indicated that annual net income, consumption expenditure, investment and employment levels of beneficiary families increased significantly over non-beneficiary families.