UP govt secures first rank in disbursing loans under PM SVANidhi Scheme

UP govt secures first rank in disbursing loans under PM SVANidhi Scheme

Question: Which State has secured first rank in disbursing loans under PM SVANidhi Scheme?
(a) Uttar Pradesh
(b) Bihar
(c) Madhya Pradesh
(d) Rajasthan
Answer: (a)
Related facts:

  • Uttar Pradesh has achieved first rank in disbursing loans under PM SVANidhi Scheme.
  • The State has ranked first in all the categories – Applications, Sanctions and Disbursements of the loans under the scheme.
  • A total to 2, 26,728 beneficiaries has been disbursed loan.
  • Seven cities of the state also found place in the list of top 10 cities of the country.
  • Varanasi, Lucknow and Aligarh are the top three cities in the list; other cities include Allahabad, Gorakhpur, Ghaziabad and Kanpur.
  • The Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme provides Working Capital loan of Rs 10,000 to street vendors to resume their livelihoods hit by Covid-19 lockdown.
  • It was launched by the Ministry of Housing and Urban Affairs on June 01, 2020
  • The scheme provides benefits to street vendors or hawkers in urban, pre-urban and rural areas.Duration of the scheme is until March 2022.

By-Amar Mani Upadhyay

Links:
http://www.newsonair.nic.in/News?title=UP-govt-secures-first-rank-in-disbursing-loans-under-PM-Swanidhi-Scheme&id=403059