@pabsgill

@pabsgill

Discover and read the best of Twitter Threads about #pmsvanidhi

Most recents (24)

@BiIndia

#EXCLUSIVE: Bankers may be working all 31 days of March with the government looking to double the loans doled out under the #PMSVANidhi scheme

businessinsider.in/finance/banks/…

By @pabsgill

@pabsgill

@pabsgill Public sector banks are always anxious in March as the financial year draws to a close. It's not uncommon for the management to ask employees to pull a few extra hours at work. However, this year, some public sector bank employees may be working all 31 days of the month.

@pabsgill

@pabsgill On the one hand, the Indian government has issued an order asking banks to double the disbursements given out under the #PMSVANidhi scheme. And, on the other, the banks have their own internal targets to meet when it comes to agricultural loans, #MSME credit and other aspects.

Read 10 tweets

Office of Mr. Anurag Thakur

@Anurag_Office

@FinMinIndia

Various economic indicators which show the presence of a strong pitch for recovery in the economy.

Announcements by @FinMinIndia underway.

| @nsitharaman @ianuragthakur |

@MoodysInvSvc

. @MoodysInvSvc has reassessed India's 2020 GDP growth at -8.9% (as against -9.6% earlier)

For 2021, they have revised estimate to 8.6% (from 8.1% earlier)

This shows that a positive correction is happening as regards our economic prospects.

28 states have been brought under #OneNationOneRationCard scheme, 68.6 crore beneficiaries can hence lift food grains from any of these 28 states/UTs

Around 14 lakh loans have been sanctioned under #PMSVANidhi scheme for street vendors.

Read 6 tweets

PIB in Maharashtra 🇮🇳

@PIBMumbai

@nsitharaman

केंद्रीय अर्थमंत्री @nsitharaman यांची पत्रकार परिषद

⏲️: दुपारी 12.30 वाजता

थेट पहा :

@nsitharaman

अर्थमंत्री @nsitharaman यांनी सांगितलं की केंद्र सरकारने केलेल्या आणखी काही प्रोत्साहनपर उपाययोजनांची त्या घोषणा करणार आहेत.

@FinMinIndia

@nsitharaman

#COVID19 चा संसर्ग कमी होत असून, बरे झालेल्या रुग्णांची संख्या वाढते आहे. सक्रिय रुग्णांची संख्या 10 लाखांवरुन 4.89 लाखांपर्यंत कमी झाली आहे. मृत्युदर देखील 1.47% पर्यंत कमी झाला आहे. - अर्थमंत्री @nsitharaman

@MoHFW_INDIA @FinMinIndia

Read 21 tweets

PIB in Maharashtra 🇮🇳

@PIBMumbai

@nsitharaman

Finance Minister @nsitharaman will address a press conference today

Catch LIVE updates in English and Marathi, from 12.30 PM onwards, on @PIBMumbai

Watch:

@nsitharaman

LIVE now: Finance Minister @nsitharaman addresses press conference at PIB Delhi

@nsitharaman

Finance Minister @nsitharaman says she is going to announce the next steps in the series of stimulus measures announced by the government

Read 36 tweets

Sanju Verma

@Sanju_Verma_

@RahulGandhi

.@RahulGandhi has always lied&made wild allegations about this being a Suit Boot ki Sarkar,that only favours rich industrialists

Well,#PMSVANidhi scheme of @narendramodi gov,launched in May,has been a big success;It aims to provide collateral free loans to hawkers&street vendors

@narendramodi

Street vendors suffered during #lockdown;#SVANidhi has made it possible for them to get affordable loans up to Rs10000;They don’t have to go&plead in front of officials&can easily get loans through a portal

While opposition only cries foul,@narendramodi has empowered the poorest

A large number of hawkers from Bihar too,benefitted from #SVANidhi;5 million+ street vendors whose enterprises were operational on or before 24March,will benefit; Scheme valid till March2022

Over 2.71 lakh loans were disbursed,from 3.70 lakh approved applications

#BiharWithNDA

Read 3 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Reviewed along with Secretary, DFS progress of #PMSVANidhi Scheme in Uttar Pradesh yesterday with State Nodal Officer, Municipal Commissioners, State/ Regional level officers of the Banks/ Lending Institutions.

In UP, over 4 lakhs applications have been submitted; out of which over 1.6 lakhs sanctioned & around 16K disbursed.

Varanasi tops among cities with over 55K applications, more than 18K sanctioned & nearly 5K disbursed.

All are working very hard to make sure that the benefits of the Scheme reach the street vendors in time.

At the national level, over 18.7 lakhs applications have been submitted online; out of this more than 6.8 lakhs sanctioned & 2.5 lakhs disbursed in last 11 weeks.

Read 4 tweets

DD News

@DDNewslive

@narendramodi

PM @narendramodi to hold ‘Svanidhi Samvaad’ with street vendors from Madhya Pradesh on 9th September; Government of India had launched #PMSVANidhi scheme on 1st June, 2020 to help poor street vendors, impacted by #COVID19, resume livelihood activities

4.5 lakh street vendors were registered in Madhya Pradesh, with more than 4 lakh vendors having been given identification, vendor certification

Applications of 2.45 lakh eligible beneficiaries have been presented through portal to Banks, acceptance has been granted to around 1.4 lakh street vendors worth Rs 140 cr. MP stands first in number of total applications accepted, with 47% of these coming from the state alone

Read 5 tweets

The Rebellion

@TheRebellionR

#Threads
आप अर्थव्यवस्था की बात करते है तो "आप खुदगर्ज इंसान है"
आपको आखिर अर्थव्यवस्था और #GDP जैसे मामूली मुद्दों पर चर्चा का समय कैसे मिल जाता है? हमारी सामर्थ मीडिया ने आपको इतने मुद्दे दिए है, लेकिन आप है कि आपकी सुई #GDP से हटती ही नही। अरे अभी सुशांत को न्याय मिलना बाकी है

#Rhea का मीडिया ट्रायल अभी ओर नही हुआ। भारत चीन बॉर्डर पर रस्सा-कस्सी जारी है, और आप बस जीडीपी-जीडीपी की रट लगाए बैठे हैं। क्या हुआ कि 23.9 % की गिरावट है, और कुछ लोगो की बेशर्मी तो देखिए वो 24% लिख रहे है, इतना बड़ा अंतर दिखाना, लोकतंत्र को कमजोर करने की साजिश है।
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अच्छा आपको पता नही अर्थव्यवस्था का गिरना #ActOfFraud अरे नही नही #ActOfGod है। आप उस बेचारी निरीह वितमंत्री के पीछे पड़े हैं। आप जरूर महिला विरोधी होंगे। और ये नौकरी के लिए क्यों हाय तौबा मचा रखी है, भाई आत्मनिर्भर बनो। #PMSVANidhi से दस हज़ार लोन लो, और ठेला लगाओ।
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Read 7 tweets

Durga Shanker Mishra

@Secretary_MoHUA

@NasviIndia

Had an interactive discussion with street vendors at the @NasviIndia Eastern & North Eastern Virtual Conference today. Street vendors constitute an important segment of the informal economy in cities & COVID-19 has given a major blow to their businesses.

In order to facilitate restart of their business MoHUA has launched #PMSVANidhi Scheme for collateral free micro-credit facility on June 1, 2020. It will benefit around 50 lakh Street Vendors from urban/ rural areas working in cities.

#PMSVANidhi is focussing on bringing these informal nano entrepreneurs into the mainstream digital economy by incentivising digital payments. They will be provided an enabling environment free from any kind of harassment.

Read 5 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Happy to launch the PM Street Vendor’s AtmaNirbhar Nidhi #PMSVANidhi online Dashboard today through video conferencing. As we make rapid progress towards Digital & #AtmaNirbharBharat, this Dashboard will act as a one stop solution for all stakeholders of the Scheme.

Dashboard is dynamic, interactive & will provide every single information related to tracking, monitoring & progress of #PMSVANidhi up to the city level. This is another huge leap in the ladder of the scheme as we add this Dashboard to other mobile Apps, Portal launched before.

@swiggy_in

Also delighted that @swiggy_in has agreed to pilot in aggregating the demand and providing logistic support to food vendors. Swiggy will take orders from customers for the street vendors & will provide supply chain for delivery of prepared food.

Read 6 tweets

Durga Shanker Mishra

@Secretary_MoHUA

#PMSVANidhi is getting implemented with rapid pace on the ground under #AtmaNirbharBharat Abhiyan. With the aim to provide working capital loans to street vendors to restart their businesses after the Covid-19 lockdown, we have already received more than 6.68+ lakhs.

We have also sanctioned 1.52+ lakhs applications so far.

To further the implementation on ground, issues being faced in States/UTs, were discussed in 4th review with JS-level Nodal Officers today.

Significant action have been taken since the last meeting regarding #PMSVANidhi Mobile App, LoRs, Biometric authentication, Lending Institutions etc.
We are confident that an all round development of street vendors is possible when various issues get eliminated from the process.

Read 4 tweets

Durga Shanker Mishra

@Secretary_MoHUA

@HardeepSPuri

Hon’bl MoS H&UA @HardeepSPuri Ji along with Hon’bl Ministers of Urban Development of various States/UTs addressed DMs/SSPs/MCs of 125 cities selected for saturation by Sept 2020 under #PMSVANidhi yesterday. Union Home Secretary, DGPs of States/UTs also participated in the Webinar

While #PMSVANidhi provides micro credit facility to the vendors, it is necessary to ensure that they are able to pursue their business without any fear, harassment or damage. Several other implementation issues on the ground were also discussed.

Hon’ble MoS urged district/ ULB officials to hold periodic meetings with key stakeholders for successful implementation of the Scheme & resolving all issues being encountered on the ground.

Read 8 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Since its launch on 1 June 2020, #PMSVANidhi is being implemented at a swift pace on the ground with the coordination of all stakeholders.
So far 5,05,550 applications have been received & 1,00,413 have been sanctioned in various cities across the country.

We crossed 5 lakhs applications & 1 lakh sanctioned mark at 8.14 pm last night on our Portal.
#PMSVANidhi aims at facilitating collateral free working capital loans upto ₹10,000 of 1 year tenure, to around 50 lakh urban street vendors residing in urban, peri-urban/ rural areas.

This will enable them to resume their businesses post COVID-19 lockdown.

PMSVANidhi brings ‘Banks at the door steps of these nano-entrepreneurs’ by engaging NBFCs/ MFIs/ BBCs of Banks & other lending institutions.

Read 4 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Had detailed discussion with Central Nodal Officers (CNOs) of States/UTs regarding implementation of #PMSVANidhi Scheme on-ground. In this 2nd round discussions today, we deliberated on the progress made in the selected ULBs since the last meeting held on 21 July 2020.

It is encouraging to witness the proactive engagement of CNOs appointed by DoPT for saturation of #PMSVANidhi in these ULBs. We emphasised on holistic economic upliftment of street vendors whose livelihoods were affected due to the COVID-19 lockdown.

PMSVANidhi is not just a scheme for providing working capital loan but also for an all round transformation of their lives. In order to realise this objective it is important to capture the socio-economic profile of targeted beneficiaries, do that every aspect could be addressed.

Read 4 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Had an informative interaction with friends from the media today.
During the #COVID-19 pandemic, India is becoming #AtmaNirbhar under the guidance of Hon’ble PM. My Ministry has launched two Schemes of #PMSVANidhi & Affordable Rental Housing Complexes (ARHCs).

This is in line with #AtmaNirbharBharatAbhiyan.

Both these Schemes will provide Ease of Living & Business to major sections of the society, migrants & street vendors & bring them into the mainstream economy by providing services at the most affordable costs.

Under #PMSVANidhi, working capital loans are being provided to street vendors vending on or before 24 March 2020 & whose businesses were impacted by the lockdown. Digital transactions aggregators will play an important role in bringing street vendors into the digital economy.

Read 5 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Secretary, DFS & I had a meeting through Webinar with all Banks, NBFCs & MFIs today to review the progress of #PMSVANidhi Scheme.

With 1.50 lakh branches of 145 LIs on board, we are making steady progress in implementation.

We discussed several issues related to documentation, providing UPI & QR Codes to sanctioned beneficiaries etc.
My ministry is working with all concerned stakeholders to make the process smooth & effortless to realise the objective of #AtmaNirbharBharat.

Under #PMSVANidhi Scheme, we have received over 3,95,000 applications so far; out of which 71,215 have been sanctioned & 17,317 have been disbursed.

Read 3 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Had detailed discussion with Digital Payment Aggregators (DPAs) & Lending Institutions (LIs) on expediting the process of digital payment options for street vendors & reviewed the progress of onboarding of street vendors on Digital Payment Apps under #PMSVANidhi today.

Promoting digital transactions will help bring street vendors into mainstream formal digital economy & contribute to the growth of Digital India in all sectors. All States/UTs have fast tracked their process of implementing #PMSVANidhi on ground.

Close to 4 lakh applications have been received so far, out of which more than 70,000 have been sanctioned & nearly 15,000 working capital loans have been disbursed. Taking everyone along, we are inching towards realising Hon’ble PM’s vision of #AtmaNirbharBharat everyday.

Read 3 tweets

Durga Shanker Mishra

@Secretary_MoHUA

India is collectively contributing to Hon’ble PM’s clarion call of an #AtmaNirbharBharat. In an interview on 22.07.2020 to AIR #SAMVAD, I shared my views on the microcredit facility scheme of my Ministry, #PMSVANidhi.

The scheme has been launched to help street vendors revive their businesses affected due to COVID-19 lockdown.

I am delighted to share that in last 3 weeks, over 2.60 lakh street vendors have applied for working capital loan under #PMSVANidhi & over 64,000 have been sanctioned.

This is an all out effort to help Nano Entrepreneurs of urban economy move up the economic ladder.
With the launch of the Web Portal & Mobile App & digital aggregators on board, this is going to be the first of its kind coming of age paperless digital mode micro credit facility.

Read 5 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Had a detailed discussion with Nodal Officers from Central Ministries for saturation of #PMSVANidhi in 108 cities.
Discussions were centered around the progress of the Scheme in ULBs & how effective strategies could be adopted to reach out to maximum number of beneficiaries.

Major implementation issues being faced by cities & authorities were taken up. I have assured all the Nodal Officers that we are resolving all issues day-by-day & are making steady progress so that street vendors may avail full benefits of the Scheme as soon as possible.

@CMMadhyaPradesh

So far, MP, Telangana & Andhra Pradesh have done fairly well in sanctioning the applications. Proactive engagement of Nodal Officers with the respective ULBs is encouraging & their regular participation will help nano-entrepreneurs to move up the economic ladder.
@CMMadhyaPradesh

Read 4 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Had an extensive discussion with Lending Institutions (LIs) including Banks, MFIs, NBFCs for #PMSVANidhi Scheme today.
Engaging with multiple stakeholders at all levels has been a key strategy in the implementation of #PMSVANidhi.

During our meeting, we focused not only on addressing the specific issues of LIs pertaining to the Scheme, but also inviting suggestions & recommendations to work in a collaborative manner for the overall benefit of urban street vendors in the country.

We discussed simplifying the documentation process for availing loans. Engagement of Banking Business Correspondents by Banks to bring microcredit facility at the door steps of street vendors will be helpful in reaching out to maximum number of beneficiaries.
#AtmaNirbharBharat

Read 3 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Delighted to launch Mobile App of PM Street Vendor’s AtmaNirbhar Nidhi, #PMSVANidhi Scheme today. This App will provide user friendly digital interface for Lending Institutions & their field functionaries for sourcing & processing loan applications of street vendors.

#PMSVANidhi was launched on June 1, 2020 for providing affordable Working Capital loan to street vendors to resume their livelihoods affected due to lockdown. It will benefit over 50 lakhs Urban Street Vendors across India from urban or surrounding peri-urban/rural areas.

Ministry launched Web Portal on 2 July for end-to-end implementation of Scheme. This App has all the functionalities of #PMSVANidhi Web Portal with feature of easy portability. It facilitates vendor search against survey data, application processing, e-KYC & real time monitoring.

Read 6 tweets

Durga Shanker Mishra

@Secretary_MoHUA

Chaired a meeting with Municipal Commissioners of MCDs, Secy, NDMC & CEO, Delhi Cantonment Board to discuss implementation of #PMSVANidhi Scheme in Delhi & other issues pertaining to street vendors.

@madhukishwar

Ms @madhukishwar, National Professor @icssr & President @Manushi_India shared ground level experiences & possible measures to address issues of street vendors.

ULBs committed to take up the scheme assisting these nano-entrepreneurs with working capital facility to move up the economic ladder with utmost sincerity.

Read 3 tweets

Durga Shanker Mishra

@Secretary_MoHUA

@MoHUA_India

Happy to launch the Beta version of #PMSVANidhi Scheme Portal today.
Launched on 1 June, 2020 this Scheme under @MoHUA_India,m will provide affordable Working Capital loan to street vendors to resume their livelihoods that have been adversely affected by Covid-19.

My Ministry has held detailed discussion with various lenders like Banks, MFIs, NBFCs & SHG Banks. Based on their suggestions, Ministry has prepared detailed operational guidelines for the lenders, which have been issued today.

Scheme aims to nudge beneficiaries for digital transactions by engaging with Digital Payment Aggregators
We have received excellent responses from AmazonPay, FTCash, MSwipe, PayTM, PaySwiff & PhonePe. They have offered to onboard the vendors free of cost by absorbing expenses.

Read 4 tweets

Durga Shanker Mishra

@Secretary_MoHUA

@sidbiofficial

Delighted to witness signing of Memorandum of Understanding between my Ministry and @sidbiofficial. SIDBI is implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (#PMSVANidhi) - a Scheme for Micro-Credit Facility for the Street Vendors.

SIDBI will manage credit guarantees to lending institutions through Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). An IT platform & Mobile App is being developed by SIDBI for end-to-end solution, documentation of processes & workflow.

This will ensure engagement and information flow between Urban Local Bodies (ULBs), Lending Institutions, Digital Payment Aggregators and other stakeholders. It will leverage the network of lending Institutions for the effective implementation of the Scheme.

Read 4 tweets

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