PM SVANidhi Scheme : The central government launched the scheme of PM Swanidhi Yojana ( pm swanidhi yojana ). Under this scheme, road and street people will get loans of up to Rs 10,000, due to the lock-down, the livelihood of the street and street people have been affected, to bring them back on track, the central government started .
The Pradhan Mantri Swanidhi Yojana so that it can revive its work Could start with Union Minister Prakash Javadekar said that 50 lakh people in the country are street vendors. For complete information of this government scheme , you should read the article completely and know how you will get a loan. How to apply for a loan.
Who is the beneficiary of PM Swanidhi Yojana
More than 5 million people in the whole country nurture their family in rural areas, urban / peri-urban areas by planting haberdashery, such as teas, dumplings, bread, eggs, textiles, apparel, footwear, artisan products, vegetables. Wala, fruit, ready-to-eat street food, books / stationery along with them like barber, cobbler, pan wala, clothes washer can all avail this scheme.
PM SVANidhi Scheme Online Apply Complete Details in English
How much will be the loan and how to repay from PM Swinidhi Yojana
The central government has announced a relief package of Rs 5,000 crore for street vendors. In this scheme, nearly 50 lakh street vendors coming to the country will be given assistance of Rs. 10000. The state government will give the data of the street vendor to the central government.
Under this scheme, every street vendor has a provision of taking a loan of Rs 10,000. Whichever street vendors repay the loan amount in installments within one year from time. Those who repay the loan amount within one year will get 7 percent annual interest as government subsidy. This amount will be transferred to their account after repaying the loan. There is no provision for penalty on this loan amount.
Important points of the plan
- Street vendors can take a loan / loan of Rs 10,000 to resume their work.
- Online applications for this scheme can be done through mobile app and web portal.
- There is no need for any guarantee for the street vendors who will take loans.
- The loan amount of street vendors is to be repaid within a year.
- If the street vendors pay the loan amount on time, then there is also a provision for taking further loan.
- Street vendors will get 7% subsidy on timely loan amount
- Street vendors can also pay the loan amount through digital online application, in which they will also get monthly cashback.
