New Delhi, May 31 (IANS) More than 75.5 lakh street vendors have availed over 112 lakh loans under the PM SVANidhi scheme so far, according to an official fact-sheet.Loans amounting to more than Rs 17,800 crore have been disbursed to street vendors across the country. Beneficiaries have also received nearly Rs 800 crore through interest subsidies and digital cashback incentives.Nearly 46 per cent of beneficiaries are women and around 70 per cent belong to marginalised communities. The scheme str…
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New Delhi, May 7 (IANS) The Prime Minister’s Employment Generation Programme (PMEGP) has generated opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country, the government said on Thursday.The Ministry of Micro, Small and Medium Enterprises’ flagship scheme, implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurshi…
New Delhi, Jan 13 (IANS) India is working to expand the global reach of its homegrown digital payment system, Unified Payments Interface (UPI), to more countries, with a special focus on East Asia, Financial Services Secretary M Nagaraju said on Tuesday.Speaking at the Global Inclusive Finance India Summit here, Nagaraju said UPI has played a key role in driving India’s digital payments growth and now accounts for nearly 50 per cent of all digital transactions in the country.He added that the …