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Digital payment push: FinMin to organise Mudra camps from Varanasi

As part of the special drive, 50 camps, including one each in state capitals, will be organised between September 27 and October 17, official sources said

Press Trust of India  |  New Delhi 

File photo of Prime Minister Narendra Modi after handing over a cheque as Finance Minister Arun Jaitley and MoS for Finance Jayant Sinha look on, at launch of Pradhan Mantri MUDRA Yojana. Picture by PTI
File photo of Prime Minister Narendra Modi after handing over a cheque as Finance Minister Arun Jaitley and MoS for Finance Jayant Sinha look on, at launch of Pradhan Mantri MUDRA Yojana. Picture by PTI

In a bid to accelerate self-employment opportunities, the ministry has decided to organise Mudra Promotion Camps across the country beginning September 27 from the Prime Minister's constituency Varanasi.

As part of the special drive, 50 camps, including one each in state capitals, will be organised between September 27 and October 17, official sources said.


Besides, the camps will facilitate various modes of payments enabling users to transact from anywhere and create awareness on various instruments, the sources said.

The campaign will help promote not only Mudra but spread awareness about payment method, and social security schemes, the sources added.

It is to be noted that have sanctioned Rs 74,601 crore to 1.59 crore beneficiaries across the country since April this year.

Since the launch of by Prime Minister in April 2015, have disbursed Rs 3.66 lakh crore to 8.77 crore beneficiaries.

These camps will see participation from all the banks, SIDBI and Common Service Centres.

Insurance companies will also set up stalls at the camp to motivate citizens to enrol in social security insurance schemes -- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana (APY).

The big draw of these camps are going to be Aadhaar seeding and authentication, assisting visitors to download and use the BHIM app on individual mobiles and distribution and activation of RuPay cards, sources said.

The Unique Identification Authority of India (UIDAI) will put up a stall at the Mudra Promotion Campaign for awareness and facilitation of Aadhaar enrolment and updation of Aadhaar details for the visitors. NPCI (National Payments Corporation of India) will put up a stall for awareness and facilitation of transactions for the visitors.

In addition, each branch of PSU will organise a small Mudra Awareness Camp in October.

Under the Mudra Yojana, a loan of up to Rs 50,000 is given under 'Shishu' plan, between Rs 50,000 to 5 lakh under 'Kishore', and between 5 lakh to 10 lakh under 'Tarun'.

Shishu, Kishor and Tarun signify the stage of growth and funding needs of the beneficiary micro unit or entrepreneur.

First Published: Mon, September 25 2017. 02:33 IST
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