Monitoring of Progress :

All Block Self Help Group and Self Employment Officer/Designated Officer at Municipality/ Borough level shall submit a Monthly Report consisting of entrepreneur-wise detail within his/her area of operation in

Form-'B' as shown in `Annexure-VI' to the District Self Help Group & Self Employment Officer on or before the 7th day of the next month, who will forward them in a consolidated form in Form-`G' as shown in `Annexure - VIII' to the Society for Self Employment of Unemployed Youth, West Bengal, 142, Lenin Sarani, Ground Floor, Kolkata - 700 013 on or before 15th of next month for continuous monitoring and supervision at appropriate level.

Training :

The Department of Self-Help Group & SelfEmployment may arrange Vocational Training 'for the unemployed youth, as and when necessary, to equip them adequately to enable successful implementation of projects under the scheme. Training for the Prakalpa Sahayaks may also be arranged by the Department of Self-HelpGroup & SelfEmployment in order to enable them to acquire the necessary skills and ability to provide guidance to the prospective entrepreneur or group of entrepreneurs.

Interest :

The interest chargeable on the bank loan shall be prevailing publicized rate of interest of the bank / WBFC / FI (as may be decided by the Bank from time to time).

Recovery of Loan :

Any demand arising out of non recovery of loan or default in repayment of the loan under this Scheme shall be treated as a Public Demand within the meaning of the Public Demands Recovery Act, 1913.

Repayment of Loan :

The Bank / WBFC / Fl shall determine the period of initial moratorium and repayment of loan depending upon the profitability of the project. In order to receive effective support of the local administration / State Govt. the Banks / WBFC / FI shall submit a Quarterly Report to the District Self Help Group & Self Employment Officer relating to the Recovery and Outstanding Loan amount per borrower under this scheme in Form - 'H' as shown in 'Annexure-IX'.