PM Svanidhi scheme Under PM Swanidhi scheme, subsidy will be available on payment of loan at the right time: The country is today facing a global epidemic like Corona. A large number of people are becoming unemployed amid the Corona crisis. On the one hand, to save oneself from Corona and on the other hand to keep the economic condition of their homes right, the face of hunger is becoming very heavy for the lower class people. The sight of the lockdown in the entire country and due to this, due to the economic hit on the poor and middle class people. Many schemes are being run by the government to help the same financially weak section, one of which is PM Svanidhi Yojana.
Under PM Svanidhi Scheme, subsidy will be available on payment of loan at the right time
Nearly 1.54 lakh street-dwellers applied
Under this scheme, street vendors going through extremely difficult conditions during this disaster will get a loan of up to Rs 10,000 from the government. Let us know that the PM Svanidhi Yojana has started from July 1. At the same time, it is being told in the news that about 1.54 lakh street-dwellers have applied to take advantage of this scheme. This scheme has been named as PM Street Vendor Aatmanirbhar Nidhi scheme.
Government will transfer 7% per annum to interest accounts
Under this scheme, the government will also give benefit to those who repay the loan on time. The government will get 7% annual interest transfer in the bank account of those who repay the loan on time. Under this scheme, the government has sanctioned Rs 5 thousand crore and at the same time loan will be given on easy terms. The most important thing about this scheme is that there is no provision of any penalty in this scheme.
7 percent subsidy on stealing debt on time
On the other hand, if any of your business is destroyed and you want to take a loan, then you do not need to do much for it. You can apply for loan from mobile app or portal. During this time no guarantee will be sought from you. For the first year, you will be given an initial loan of Rs 10,000. After this, if you repay the loan at the right time, then you will also be given 7 percent subsidy by the government. In this scheme, digital transaction facility will be provided.
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