- Street vendors get loans up to 10000 under PM Svanidhi scheme
- No guarantee is required for loan
- To help street vendors, the government has launched the pm svanidhi scheme mobile app
- Process will be completed within minutes of sitting at home
New Delhi: Coronavirus has worsened the condition of the entire economy (Corona Crippled ECONOMY), many people have lost their jobs and businesses. The most difficult is for those who did not have savings. We are talking about street vendors of street vendors who earn their livelihood by setting up shops on the road. The Modi government (Modi Govt) had launched a special PM Svanidhi scheme for these people.
The aim of the government was to benefit 50 lakh street vendors through this scheme and under this scheme, the government allocated an amount of Rs 5000 crores. The great thing is that to get the benefit of this scheme i.e. to get the loan, there is no need to give any guarantee to the street vendors, under this scheme people are getting loans up to ₹ 10000 without any guarantee.
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Government launched app – Now to help Street Vendors, the government has launched pm svanidhi scheme mobile app, through which people eligible for loan under this scheme can get a loan in just 2 minutes from home. Your goal is to provide a user friendly interface to the borrowing institutions.
So far, more than one and a half lakh street vendors have been applied – Talking about the statistics, according to the information, so far more than 154000 street tracks have been applied for this scheme, out of which 48000 people have been approved (Loan to street vendors) Has also been found.
Loan has started from July 1 – The scheme started from June 1 and under this the government has given an amount of ₹ 5000 crore. The government has also started disbursing loans for this from 1 July.
