Sri Vijaya Puram, Nov. 12: Sri Vijaya Puram Municipal Council organised PM SVANidhi Mahotsav today in the Councillor’s Office, Ward No. 19, Bhatubasti, with the objective of creating awareness among street vendors about the benefits of the PM SVANidhi Scheme and encouraging them to avail the financial assistance and other benefits available under the Scheme.
Addressing the gathering as the chief guest, Shri V. Vetrivel, Senior Vice-Chairperson, SVPMC encouraged the street vendors to remain aware of the various welfare schemes launched by the Government and the Ministry and to make the fullest possible use of such initiatives for improving their livelihoods and strengthening their businesses.
During the programme, the Community Organiser, SVPMC, briefed the street vendors about the various features and benefits of the PM SVANidhi Scheme, including the availability of collateral-free working capital loans and the procedure for applying for loans under the Scheme. The vendors were also sensitised about the importance of timely loan repayment and adoption of digital transactions.
During the interaction, few beneficiaries also shared their success stories and expressed satisfaction over the assistance received under the PM SVANidhi Scheme during the COVID-19 pandemic. They highlighted that the timely availability of micro-credit loans had helped them restart their businesses, which had been severely affected during the lockdown.
As part of the Mahotsav, the top three best-performing PM SVANidhi beneficiaries were felicitated in recognition of their performance and contribution towards the objectives of the Scheme.
The programme concluded with the felicitation of the selected beneficiaries and a renewed appeal to street vendors to actively participate in the PM SVANidhi Scheme and avail its benefits. The PM SVANidhi Mahotsav concluded on a positive note with the participation of street vendors and officials of SVPMC.