Over 100 vendors get certificates in two days loan mela

ROING, Feb 22: At least 120 street vendors participated in the two-day loan mela which culminated here on Monday.

The mela, organized by DUDA was formally inaugurated by executive engineer Bapenlu Kri.

In the program certificate of vending was formally issued to 124 registered vendors and 27 Food Processing Certificate under Skill Training & Placement Component of DAY-NULM were also distributed by Mission Director Nixon Lego, State Mission Manager Ravi Sharma and Kri.

Out of 124 registered vendors under DUDA, 68 applicant were filled online under PM SVANidhi loan camp.

Speaking on the inaugural program, Lego explained in detail about the PM SVANIdhi scheme and argued the vendors to get registered so that in phase-II other pro-poor scheme benefits of various central government scheme to be linked in future.

State Mission Manager (SMM) of Arunachal State Urban Livelihoods Mission (ArSULM) Ravi Sharma explained in detail the vendors how the loan application to be filled and what are the eligibility categories for filling up the form.

Kri categorically exhorted the vendors to take the opportunities under the said scheme and motivated them to get registered.

SMM along with community organizer visited LDM Roing and urged for earlier disbursement under of loan under PM SVANidhi as well as all pending cases of loans under self employment programme SEP component of DAY-NULM.

LDM assured to look into the matter and requested community organizers to come with detail pending cases so that the same be shorted out.

The loan camp was organized Under the PM SVANidhi loan scheme of  Deendayal Antyodaya Yojana National Urban Livelihood Mission (DAY-NULM) which provides special micro credit facility to the street vendors for providing affordable working capital loan up to Rs 10,000/-rupees to resume their livelihoods that have been adversely affected due to Covid-19 pandemic, also on timely repayment of the loan an interest subsidy at 7 per cent per annum would be credited to the bank account of the beneficiaries through DBT on quarterly basis.


Related posts