<span style="color: #222222;">The Centre has said that over 27 lakh 33 thousand applications have been received under Pradhan Mantri Street Vendor's Atma-Nirbhar Nidhi- PM- SVANidhi Scheme. Out of the total applications received, over 14 lakh and 34 thousand have been sanctioned and about 7.88 lakh loans disbursed.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">Ministry of Housing and Urban Affairs in a statement said that vendors who had left for their native places due to Covid-19 lockdown are eligible for the loan. It said, the provision of loans has become hassle-free as one can upload the application online on their own at any common service centre or Municipal office or by going to a bank. Banks are reaching the doorsteps of people to provide loans for helping them start their ventures. The Ministry said that Prime Minister Narendra Modi has appreciated the hard-work done by the bank staff, saying that there was a time when street vendors did not go inside the bank but today the bank is going to their home.</span><br />'' <span style="color: #222222;">&nbsp;</span><br />'' <span style="color: #222222;">In order to ensure fast implementation of the scheme with transparency, accountability and consistency, a digital platform with web portal and mobile app has been developed to administer the scheme with end-to-end solution. It said, Urban Local Bodies are playing pivotal role in the implementation of the scheme.</span><br />
News On AIR | November 19, 2020 1:56 PM
14,34,000 loans sanctioned under PM SVANidhi scheme