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Nirmala Sitharaman distributes loans worth Rs 2,500 cr to street vendors, small scale entrepreneurs

The loans were given under schemes like Pradhan Mantri Svanidhi Yojana, Mudra Yojana and Pashupalak Kisan Credit Card.

January 08, 2023 / 06:30 PM IST
Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman along with Lok Sabha Speaker Om Birla distributed loans worth Rs 2,500 crore to street vendors, small scale entrepreneurs and cattle rearers at a credit outreach program here on Sunday.

The loans were given under schemes like Pradhan Mantri Svanidhi Yojana, Mudra Yojana and Pashupalak Kisan Credit Card.

Addressing the event at Dusshera Ground here, Sitharaman said the prime minister himself has given guarantee for loans under the Pradhan Mantri Svanidhi Yojana, so one does not need to produce any document for guarantee.

Loans of at least Rs 68 crore are going to be distributed among cattle rearers (Pashupalaks), she added.