SME Times is powered by   
Search News
Just in:   • Sensex, Nifty settle 1% low; US Fed's policy guidance weighs  • Asian markets tumble to 15 month lows  • Liquor manufacturers asks Kerala Govt to tweak commision conditions  • With Air India on-board, Tatas emerge as major aviation players  • EU directs WhatsApp to inform consumers about use of personal data 
Last updated: 06 Dec, 2021  

Rupee.9.Thmb.jpg Over 26 lakh beneficiaries availed working capital loan under PM SVANidhi

   Top Stories
» Rajpath brims over with patriotic fervour as India celebrates R-Day
» Budget needs to support incomes for consumption push
» 'India must plan to export more of defence equipment'
» Goyal reviews fast track implementation of infra projects
» 71% jump in gems and jewellery exports
SME Times News Bureau | 06 Dec, 2021

As on November 25, 2021, the total number of beneficiaries who have availed the working capital loan under Prime Minister Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) Scheme is 26,37,266.

This information was given by the Minister of State in the Ministry of Housing and Urban Affairs, Shri Kaushal Kishore, in a written reply in the Rajya Sabha on Monday.

As on November 25, 2021, the number of loans that have been sanctioned but not yet disbursed is 3,21,504.

The number of accounts, where delay between loans sanctioned and loan disbursed is more than three months is 2,46,238.

The gap is due to a number of reasons, including lack of coordination between the Lending Institutions & the Urban Local Bodies, frequent change of mobile numbers by the Street Vendors and Street Vendors not visiting the bank branches for documentation formalities.

Ministry regularly conducts review meeting with the Lending Institutions and the States/ULBs to streamline the process and expedite disbursement of sanctioned loans.

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 27 Jan, 2022
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter