Rs 5,000 crore credit facility to be given to 50 lakh street vendors
- Finance minister Nirmala Sitharaman announced that Rs 5,000 crore credit facility will be given to 50 lakh street vendors hit by the coronavirus-induced lockdown.
- The government will launch a special scheme within a month to facilitate easy access to credit to the street vendors.
- “We will provide Rs 5,000 crore special credit facility for street vendors”.
- The initial working capital of Rs 10,000 will be provided to them.
- Digital Payments will be incentivized through monetary rewards and enhanced working capital credit would be made available for good repayment behavior.
जीके और दैनिक करेंट अफेयर्स अपडेट हिंदी में प्राप्त करें – क्लिक करें
Attempt Free Mock Tests & Get Free eBooks
