class live ho gae hai,,, Aa jao sare Tyari wale

Class live ho chuki hai,,,,, kiska wait hai apko,, go nd watch the video

class live ho chuki hai aa jao sare

Class at 8 pm join on time

Class Live ho gae h aa jao sare Tyari wale

Today Current Affair session is at 7:30 pm..... be ready Guys

class live ho gae hai,,, Aa jao sare Tyari wale

Class is live for all compitive account

Class at 8 pm

Class at 8 pm

class live ho chuki h

✅ PM SVANidhi Yojana 2020 - A Street Vendor's Scheme

PM SVANIDHI Yojana 2020 launched by the central government aims at enabling the street vendors to resume their livelihood which has been adversely affected due to COVID-19 pandemic and the subsequent lock down imposed by the government. This special micro-credit facility scheme will provide affordable loans to street vendors.

🔷Objective of PM SVANidhi yojana
➖ To provide affordable working capital loans to street vendors which can help them to resume their livelihood activities post-countrywide lock down imposed by government (due to Covid-19 pandemic.)
➖ To incentivize regular repayment of loans by provisions like cash-back, higher loans on subsequent demands etc.


🔷Scheme Benefits
➖ Vendors can avail a working capital loan of up to Rs. 10,000, which is repayable in monthly installments in the tenure of one year.
➖ A vendor does not have to provide any collateral security to access the loan.
➖ On timely/ early repayment of the loan, an interest subsidy @ 7% per annum will be credited to the bank accounts of beneficiaries through Direct Benefit Transfer on quarterly basis.
➖ The scheme promotes digital transactions through cash back incentives up to an amount of Rs. 100 per month.
➖ The vendors can avail the facility of escalation of the credit limit on timely/ early repayment of loan.


🔷Beneficiaries
This scheme targets to benefit over 50 lakh Street Vendors. (Those street vendors as on/before 24th March 2020)

A vendor, according to the scheme guidelines is any person engaged in vending of articles, goods, wares, food items or merchandise of daily use or offering services to the public in a street, footpath, pavement etc., from a temporary built up structure or by moving from place to place.

The goods supplied by them include vegetables, fruits, ready-to-eat street food, tea, pakodas, breads, eggs, textile, apparel, artisan products, books/ stationary etc. and the services include barber shops, cobblers, pan shops, laundry services etc.


🔷Scheme implementation Bodies
➖ Regional Rural Banks
➖ Scheduled Commercial Banks
➖ Small Industries Development Bank of India (SIDBI)
➖ Micro-Finance Institutions
➖ Cooperative banks
➖ Non-banking financial companies
➖ Self Help Groups (SHG) Banks.