A Spokesperson of the Urban Development Department informed here today that Street Vendors Week would be observed from 24th to 31st August, 2020 to provide maximum benefit to the street vendors under ‘Pradhan Mantri Street Vendors Atamnirbhar Nidhi’.
This scheme is being implemented under Atamnirbhar Bharat Abhiyan and the objective of the scheme is to provide assistance to the street vendors affected during lockdown, to start their business. Under this scheme, loans upto Rs 10 thousand is being provided to street vendors without any guarantee. There is also a provision of interest subsidy at the rate of seven percent on loans and cash back on digital transactions.
The spokesperson said that a meeting will be held on 24th August with all stakeholders. During this period, the street vendors would be provided with training of health, hygiene and precautions related to Covid-19. All Urban Local Bodies have been directed to ensure that benefit of the scheme is provided to street vendors by 31st August, 2020.