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December 24, 2020 Share
Loan applications of loans of Rs10,000 to around 8,000 street vendors under the Prime Minister Street Vendor’s Atmanirbhar Nidhi (PM SVANidhi) Yojna have been sanctioned by The North Delhi Municipal Corporation.
The civic body has proposed to provide small non-guarantee loans to nearly 15,000 street vendors to help them build their livelihood.
A special camp was set-up at Dussehra ground in Mukherjee Nagar to facilitate applicants for the loan process. North corporation mayor Jai Prakash visited the SVANidhi Yojna camp to check the enrolment process.
Around 11,267 applications for the loan has been received and out of which 8,819 have been approved, while 631 are pending. The remaining 1,817 applications have been rejected on the basis of various grounds.