<span style="color: #222222;">The government on Monday launched "PAiSA -Portal for Affordable Credit and Interest Subvention Access. </span><br />'' <br />'' <span style="color: #222222;">This portal is a centralized electronic platform for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana. </span><br />'' <br />'' <span style="color: #222222;">Launching the portal in New Delhi, Secretary, Ministry of Housing and Urban Affairs Durga Shankar Mishra said, PAiSA is yet another effort by the government to connect directly with the beneficiaries, ensuring that there is greater transparency and efficiency in the delivery of services. </span><br />'' <br />'' <span style="color: #222222;">The web platform has been designed and developed by Allahabad Bank which is the Nodal bank. </span><br />'' <br />'' <span style="color: #222222;">All 35 states and Union Territories and all scheduled commercial banks, and Cooperative Banks are likely to be on board PAiSA portal by year end.</span><br />'' <br />