Bankers told to clear applications under housing, street vendor schemes
[ad_1]
Chief Minister B.S. Yediyurappa on Thursday mentioned implementation of the Centrally-sponsored Pradhan Mantri Awas Yojana and PM Street Vendor’s Atmanirbhar Nidhi (PM SVANidhi) schemes are sluggish within the State and told bankers to speedily disburse applications of eligible beneficiaries.
Mr. Yediyurappa chaired a gathering with Ministers, senior officers and banking officers right here and told them to disburse applications inside 15 days of receiving them.
Only 53,659 applications have been sanctioned under the credit-linked subsidy scheme of the Awas Yojana. Out of the sanctioned 3,46,414 applications, work orders had been issued in 1,16,168 circumstances. Works on solely 19,658 homes have been accomplished, the Chief Minister mentioned.
The PM SVANidhi is meant to facilitate collateral-free working capital loans up to ₹10,000 of 1 12 months tenure to street distributors to assist them resume their enterprise within the city/rural areas. Only 2,24,368 applications have been acquired under the PM SVANidhi and loans sanctioned to 66,423 candidates solely in Karnataka.
The scheme would profit poor distributors impacted by COVID-19, the Chief Minister mentioned and instructed bankers to clear applications as early as potential.
Dear subscriber,
Thank you!
Your help for our journalism is invaluable. It’s a help for reality and equity in journalism. It has helped us preserve apace with occasions and happenings.
The Puucho has at all times stood for journalism that’s within the public curiosity. At this tough time, it turns into much more essential that now we have entry to info that has a bearing on our well being and well-being, our lives, and livelihoods. As a subscriber, you aren’t solely a beneficiary of our work but additionally its enabler.
We additionally reiterate right here the promise that our workforce of reporters, copy editors, fact-checkers, designers, and photographers will ship high quality journalism that stays away from vested curiosity and political propaganda.
[ad_2]
