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States » NorthPosted at: Jul 9 2020 1:37AM


MP CM unveils Mukhya Mantri Street Vendor Loan Scheme

Bhopal, July 8 (UNI) When the government is present to extend financial assistance to people for business, there is no need whatsoever to approach moneylenders for credit, Madhya Pradesh Chief Minister Shivraj Singh Chouhan emphasised on Wednesday while underlining that his dispensation will make available working capital of Rs 10,000 from banks to rural street vendors on the lines of the facility being provided to urban counterparts and the interest shall be borne by the regime even as targeted beneficiaries are not required to submit any type of collateral.
The senior politician launched the ‘Mukhya Mantri Street Vendor Loan Scheme’ and ‘Gramin Kamgar Setu Portal’ via videoconferencing at Mantralaya in the presence of Additional Chief Secretary (Panchayat and Rural Development) Manoj Kumar Shrivastava plus other senior bureaucrats, official sources said.
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