PM Narendra Modi will give big gifts to small traders of UP on October 27. (File Photo)
PM Narendra Modi (PM Narendra Modi) will distribute loans to Uttar Pradesh 651 municipal corporations with a total of 3 lakh street vendors and 3 lakh small shopkeepers on 27 October. PM Modi will communicate with more than 5 lakh people on this day.
- Last Updated:October 20, 2020 12:00 PM IS
PM’s dialogue program will include more than 5 lakhs of carts, Khomache and Rehri from UP. During the conversation, small shopkeepers will be able to share their personal experiences with PM Modi.
Before this, the Modi government has already accepted more than one lakh loans. Under the PM Swanidhi scheme, loans up to a maximum of 10 thousand rupees are available. It helps in starting a business. It is given with very easy conditions. This is a kind of unsecured loan.
The Ministry of Housing and Urban Affairs launched the PM Swanidhi scheme on June 1, 2020. The objective is to provide working capital loans at affordable rates to the resellers, handlers, who were adversely affected due to Kovid-19 ‘lockdown’.After the announcement of PM Modi, the UP government started work
After the announcement of PM Modi, the Yogi government of Uttar Pradesh immediately got involved in this task. In the team-11 meeting, the officers told CM Yogi that so far 8.41 lakh track businessmen have already been given maintenance allowance of Rs 1000 during lockdown in Uttar Pradesh. The government has complete details available to the track businessmen of the state. With the help of this statement, they will now also be provided a loan.
Loans to street vendors who do not have identity cards
Now those who run street-street, handcart or roadside shops will also be able to take advantage of the Pradhan Mantri Swanidhi Yojana, which does not have identity card and sales certificate. This loan will have to be repaid in monthly installments in a year.
50 lakh street vendors will get loan
The Prime Minister Street Vendor Self-Reliant Fund Scheme was launched on 1 June. The purpose of this scheme is to provide cheaper loans to the street vendors affected by the hit of COVID-19. The benefit of this scheme will be given to 50 lakh people who hail from street rickshaw on or before 24 March this year.