Dynamite News India witnessing such speed in scheme subscription for first time: PM Modi on SVANidhi Scheme
The Prime Minister SVANidhi Scheme was launched on June 1 and the applications for the same started coming on the online portal from the very next month. India is witnessing such speed in scheme subscription for the first time, said Prime Minister Narendra Modi here on Tuesday.
New Delhi: The Prime Minister SVANidhi Scheme was launched on June 1 and the applications for the same started coming on the online portal from the very next month. India is witnessing such speed in scheme subscription for the first time, said Prime Minister Narendra Modi here on Tuesday.
"The PM SVANidhi scheme was launched on 1 June. On July 2, applications for the same started coming on the online portal. This is the first time, the country is seeing such speed in the schemes for the first time," said PM Modi.
"No one could have imagined that the announcements for the poor would land on the ground so quickly. Such a scheme has been launched for the street vendors for the first time after independence, for an affordable loan without a guarantee," he added.
PM Modi further stated that it was decided to use technology for this scheme as well in order to make the work paperless and without a guarantor.
"Street vendors have a huge role in the economy of Uttar Pradesh," he added.
Saying that it is an important day for 'Aatmanirbhar Bharat', the Prime Minister added that the Centre worked in the direction of helping the poor by launching 'Garib Kalyan Yojana' worth Rs 1.7 lakh crores.
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"An economic package of Rs 20 lakh crores was also introduced while giving priority to the welfare of poor people. Our street vendors are becoming Aatmanirbhar and moving ahead," said PM Modi. (ANI)