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Central government has sanctioned Rs 8.2 crore as collateral-free loans to street vendors in Odisha

in State News September 23, 2020 0 301 Views

Bhubaneswar:23/9/20: The Narendra Modi-led Central government has sanctioned Rs 8.2 crore as collateral-free loans to street vendors in Odisha under Prime Minister Street Vendor’s Amta Nirbhar Nidhi Scheme (PM SVANidhi), informed Union Minister Dharmendra Pradhan. He said so far Rs 0.81 crore has been disbursed by the Centre for the State.

Taking to Twitter, Pradhan thanked PM Modi, Finance Minister Nirmala Sitharaman, and MoS, Housing and Urban Affairs Hardeep Singh Puri for the sanction and said this would help the street vendors resume their livelihood activities affected by the sudden outbreak of Covid19 pandemic.

Of the total 63,222 street vendors identified in the state, more than 23,550 vendors have applied for affordable working capital loans being provided under the scheme till now.

“Our street vendors form a crucial part of the informal micro-economy. PM SVANidhi brings banking at the doorsteps of these nano-entrepreneurs helping them become more self-reliant and thereby empowering them,” Pradhan mentioned.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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