The central government has launched a special scheme for all those who make a living by roadside shops along the road. Under the Prime Minister’s Swanidhi Yojana, small shops, roadside stalls and commercial shops will be given low interest loans by the government. The government has earmarked Rs 5,000 crore for this scheme.
Under the Prime Minister’s Swanidhi Yojana, a loan of Rs 10,000 will be given to small and medium sized businesses. This money will help you to start a good business. This money will be given under very general conditions. The loan will be given at ‘concessional rates’. Even those who are able to repay the loan on time will be given special discounts on interest.
Loans will be given to the business people who provide family care along the road, in a cart or in a small shop. Fruit, vegetable, Saloon, betel shops will be covered under this scheme.
The scheme will benefit about 5 million street vendors. The scheme will benefit about 5 million street vendors.
http://pmsvanidhi.mohua.gov.in/ Website contains details of the scheme. The application form will be available on the website. And must be completed and submitted to a specialized institution.