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Prime Minister Street Vendors Self-reliant Fund i.e. PM Swanidhi Scheme It is becoming a source of economic support for thousands of street vendors in the district. under the plan so far Loans have been distributed to 8,879 street vendors of Hanumangarh district.

This scheme started by the Government of India in the year 2020 is now being expanded. By March 2030 Has been done. The objective of the scheme is to provide loans for working capital to the street vendors who earn their livelihood through street vendors, handcarts and hawking, and to make them self-reliant and connect their families with social security schemes.

Now loan up to Rs 50 thousand will be available

As per the amended provisions, eligible street vendors will now be required to pay Rs. Loan up to Rs 15 thousand, 25 thousand and 50 thousand Is being made available. This loan is being given with credit guarantee facility.

Beneficiaries who make timely repayment of second loan under the scheme UPI based RuPay Credit Card with credit limit up to Rs 30,000 Will also be made available.

Benefits of cashback on digital transactions

Digital transactions are also being encouraged in the scheme. to eligible beneficiaries Cashback up to Rs 1,200 There is a provision to give. The benefit of additional incentive amount will also be given as per the prescribed conditions.

The aim of this initiative is to encourage small businessmen towards digital payments and make their financial transactions more streamlined.

Street food vendors will get training

For vendors doing street food business under the scheme Food safety and hygiene training in collaboration with FSSAI Will also be made available.

With this, vendors will be able to get necessary information regarding the quality, cleanliness and safe preparation of food items.

Loans distributed to 8,879 street vendors

According to the nodal officer, the total number of first, second and third loans in the district is Target of 17,869 eligible beneficiaries were determined.

So far:

• 10,110 applications approved
• 8,985 loans approved
• 8,879 loans disbursed
• 106 cases pending in banks
• 1,125 cases in the process of distribution

In this way, through the scheme, a large number of street vendors are getting financial assistance to carry forward their small business.

Benefits of social security through ‘Svanidhi se Samridhi’ program

With PM Swanidhi Yojana ‘Swanidhi se Samriddhi’ program is also being operated.

Through this, social and economic profiling of the beneficiaries and their families is done. After this, on the basis of eligibility, efforts are made to connect them with various social security schemes of the Central Government.

This not only limits the scope of the scheme to providing loans, but also helps in connecting the beneficiary families with various government welfare schemes.

Who will get the benefit of the scheme?

Many types of street vendors doing small scale self-employment in urban areas can be eligible for this scheme.

These include:

• street vendor and cart operator
• hawkers
• rickshaw puller
• hair dresser
• Cobbler
• Potter
• carpenter
• Tailor
• Washerman
• plumber
• electrician
• painter
• hawker
• Other small self-employed street vendors

Eligible sellers who have vending certificate Or those who have been recommended by the Municipal Body or Town Vending Committee can also avail the benefits of the scheme.

Important role of municipal bodies

Under the scheme, the eligible street vendors will be surveyed by the municipal bodies. Vending Certificate and Identity Card Are being issued.

Through this, the process of identifying eligible beneficiaries and connecting them with loans and other facilities under the scheme is being taken forward.

District administration appealed to avail benefits

The district administration has appealed to the eligible street vendors to contact their respective Take maximum benefit of PM Swanidhi Yojana by contacting urban body or bank.

The administration says that through the scheme, it will help in making small businessmen financially strong and making them self-reliant. This will also strengthen the Self-reliant India campaign.

PM Swanidhi Yojana is becoming an important medium of self-employment and economic self-reliance for thousands of street vendors of Hanumangarh district. in the district so far 8,879 loans disbursed Have been done. The scheme has been extended till March 2030 and under the revised provisions, eligible sellers will get a loan up to Rs 50,000, UPI based RuPay credit cards, cashback on digital transactions and the opportunity to join social security schemes. The district administration has appealed to the eligible street vendors to contact the concerned municipal body or bank to avail the benefits of the scheme.