NewsBusinessRs 5,000 crore Special Credit Facility for street vendors: Nirmala Sitharaman
Rs 5,000 crore Special Credit Facility for street vendors: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Thursday announced a Rs 5000 crore Special Credit Facility for street vendors. The government will launch a special scheme within a month to facilitate easy access to credit to street vendors.
Union Finance Minister Nirmala Sitharaman on Thursday announced a Rs 5000 crore Special Credit Facility for street vendors. The government will launch a special scheme within a month to facilitate easy access to credit to street vendors.
DETAILS
Initial working capital up to Rs. 10,000
Digital payments will be incentivized through monetary rewards and enhanced working capital credit would be made available for good repayment behavior.