The Prime Minister of our country, Shri Narendra Modi has decided to start the self-planning scheme of the Union Cabinet on 1 June 2020. Under this scheme, the central government will provide loans up to 10,000 rupees to the street vendors and small street vendors (small street vendors) to start their own work afresh.
This self-funding scheme is also known as PM Swanidhi Yojana The benefit of this scheme will be made available to all small street vendors in the country. Dear friends, today we are going to provide you all the information related to this self-planning scheme like application process, eligibility, documents, etc. through our article, so read our article till the end.
Street vendors along the rural and urban roads in the country who sell fruits, vegetables or small shops on hawkers can avail government loans under this SVANidhi Yojana by availing a loan of Rs 10,000 Must return in installment within one year of the track.
Seven percent annual interest subsidy will be transferred by the government to their account to the street vendors who repay this loan on time. Interested beneficiaries of the country who want to avail of this scheme, then they have to apply under this scheme. More than 50 lakh people, including vendors, hawkers, handlers, hawkers, street vendors, thali phalwale, etc., will be benefited from the scheme under the Street Vendor Self-Reliant Fund.
Pradhanmantri Swanidhi Yojana Highlights
|Name of the scheme||Swanidhi Yojana 2020|
|Started by||Prime Minister Narendra Modi|
|Launch date||1 June 2020|
|Purpose||Grant of loan|
Aatmnirbhar Nidhi Yojana (Steet Vendor) New Update
Under the Self-Reliant Fund Scheme, loans up to Rs 10,000 will be provided to small businessmen, street vendors, through 3.8 lakh Common Service Centers (CSC) centers spread across the country.
CSC e-Governance Services India Limited, the digital and e-governance services unit of the government, said on Wednesday that the Pradhan Mantri Street Vendors Self-Reliant Fund Scheme is fully funded by the Ministry of Housing and Urban Affairs.
These entrepreneurs taking loans under this scheme Will also be encouraged to pay the debt regularly and will also be rewarded on digital transactions. Under the CSC scheme, it will help in registering these small traders. So far, under this, two lakh applications have been received while loans have been sanctioned to 50 thousand businessmen.
PM SVANidhi Mobile App
Under this scheme, the PM Swanidhi app has been launched by the Union Government’s Ministry of Housing and Urban Affairs for the street vendors of the country on 17 July 2020. The people of the street and street, small street vendors now through their direct link You can download and install the PM Svanidhi Mobile App on your smartphone and easily apply to start your own employment under this scheme.
The new app has been developed for sourcing and processing street vendors’ loan applications. This PM Svanidhi app will facilitate field officers of LI such as banking correspondents (BCs) and agents of non-banking financial companies (NBFCs) / micro-finance institutions (MFIs).