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The Union Housing and Urban Affairs Ministry has disbursed 94.31 lakh loans amounting to a total of Rs 13,422 crore to street vendors under the PM SVANidhi scheme till December 8, Rajya Sabha was informed on Monday. In a written reply to a question, Minister of State for Housing and Urban Affairs Tokhan Sahu said that out of 94.31 lakh loans, 40.36 lakh loans have been repaid by street vendor beneficiaries. The micro-credit scheme for urban street vendors, which provides collateral-free loans up to Rs 50,000, was launched by the Narendra Modi government in 2020 during the COVID-19 outbreak. The minister said that no fraud-related complaints have been received against the agencies or companies disbursing loans under the Prime Minister Street Vendor's AtmaNirbhar Nidhi (SVANidhi) scheme. "As on 08.12.2024, 94.31 lakh loans have been disbursed amounting to Rs 13,422.16 crore under the PM SVANidhi scheme. Out of 94.31 loans, 40.36 lakh loans have been repaid by street vendor ...
A Mumbai-based single mother and a beneficiary of the government's micro-finance initiatives, while interacting virtually with Prime Minister Narendra Modi on Saturday, said her entrepreneurial success has enabled her to send her son to France for studies. The woman entrepreneur, Meghna, added that central schemes such as Mudra and Svanidhi had helped expand her catering business, which supports 25 women. Meghna was among the beneficiaries of central schemes who interacted with the prime minister after he flagged off the Viksit Bharat Sankalp Yatra in Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram on Saturday. "Our agenda is to assist people in saving money," Modi said, flagging off the Yatra, the government's mega outreach exercise to ensure saturation coverage of central initiatives. Meghna, during her interaction with the prime minister, said she had availed a loan of Rs 90,000 through the Mudra Yojana to purchase utensils for her catering unit. Meghna also told
Providing of benefits under the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) to deceased persons, payment of instalments to those ineligible to the scheme and full assistance paid against non-existing houses have been found during an audit exercise in 10 districts of Bihar, an official said on Saturday. Unrealistic geo-tagging of house locations and payment of instalments in wrong accounts are also among the discrepancies observed by teams of the accountant general (AG-Bihar) during the audit of the implementation of the rural housing scheme in the state. Based on the performance audit' report, state Rural Development Department Secretary N Saravana Kumar has recently asked all deputy development commissioners (DDCs) and officers concerned to ensure strict adherence to the guidelines of the Centre for implementing the programme. Officers concerned must ensure transparency and strict adherence to the guidelines, under the Framework for implementation of the PMAY-G', issued by the ...