Prime Minister Narendra Modi is holding Svanidhi Samvaad today through video conference with all the street vendors of Madhya Pradesh. The PM Svanidhi scheme was launched in June 2020 by the central government to help poor vendors impacted by the COVID-19 pandemic to resume their livelihood activities.
Prime Minister Narendra Modi holds ‘Svanidhi Samvaad’ with street vendors from Madhya Pradesh through video conferencing. pic.twitter.com/idYX6MWfxq
— ANI (@ANI) September 9, 2020
Around 4.5 lakh street vendors have registered under the scheme in Madhya Pradesh and over 4 lakh vendors have already been given identification and vendor certification. Besides, the applications of 2.45 lakh eligible beneficiaries were presented through the portal to Banks, of which acceptance was granted to around 1.4 lakh street vendors of amount worth Rs 140 crore.
On the occasion, Prime Minister Narendra Modi congratulated Madhya Pradesh CM and his team and stated that their efforts have ensured the benefit of Swanidhi scheme to more than 1 lakh street vendors in Madhya Pradesh in just 2 months time.
#COVID19 lockdown affected the businesses of street vendors. The purpose of this ‘Svanidhi Samvaad’ scheme is that those people can start afresh and begin their work again: PM Modi https://t.co/0YnEECS27m
— ANI (@ANI) September 9, 2020
Key Highlights
• During the Svanidhi Samvaad, the Prime Minister addressed all the street vendors in Madhya Pradesh, the beneficiaries of the special scheme.
• Later, the Prime Minister also interacted with three beneficiaries by connecting virtually with them from their vending locations.
• Madhya Pradesh Chief Minister Shivraj Singh Chauhan also participated in the program through video conferencing.
• The program is being telecasted through webcast and all those who have pre-registered for the same through MyGov's link can join the programme.
• The Madhya Pradesh government has made arrangements in public places by putting up LED screens in 378 municipal bodies to ensure that all the beneficiaries of the scheme can watch the program.
Background
Madhya Pradesh stands first in the number of total applications accepted under the PM SVANidhi scheme, with 47 percent of these coming from the state alone.
PM SVANIDHI Scheme |
| The centre launched PM SVANIDHI- Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi scheme on June 1, 2020 to provide affordable loans to street vendors to help them resume their livelihood activities post-COVID lockdown. The street vendors have been adversely affected by the ongoing COVID-19 pandemic and the subsequent lockdown. The scheme was launched to benefit over 50 lakh vendors, who have been working since or before March 24, 2020, in urban areas. The duration of the scheme is until March 2022. Under the scheme, the street vendors will be able to avail working capital loan of up to Rs 10,000, which will be repayable in monthly installments in the tenure of one year. |
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