CM Rural Street Vendor Loan Scheme

Madhya Pradesh government has launched a new new MP Gramin Kamgar Setu Portal on 8 July 2020.

Daily Current Affairs Quiz 2020

Key-Points

The MP Kamgar Setu registrations for loan under the new Mukhyamantri Rural Street Vendor Loan Scheme are being invited. The state govt. is providing loans upto Rs. 10,000 without interest to street vendors of rural areas.

The MP state government on the lines of urban street vendors loan scheme has now started rural street vendors loan scheme.

In this scheme, working capital of Rs. 10,000 without interest from banks will be given to rural street vendors for their works and business.

The entire amount of interest will be borne by the Madhya Pradesh government.

Even beneficiaries are not required to give any kind of collateral security and security deposit to banks.

The complete details of this loan scheme for street vendors from village areas are given below in this post.