Small entrepreneurs will get a loan of up to 10 lakh rupees - Technology Rom -->
Small entrepreneurs will get a loan of up to 10 lakh rupees


If you drive an auto, run a grocery store or do some other small business. If the corona (COVID19) epidemic has raised the question of livelihood for you, then the government has heard your problem. The government is preparing to simplify the lending process so that small businesses and individuals can get loans easily, according to the sole news source.

Construction of Social Micro Finance Institute
The government is working to establish a 'social microfinance institute' for this. Which will speed up the loan process and make it much easier. A meeting of the NITI Aayog on the formation of this financial institution is to be held on 13 August. NITI Aayog CEO Amitabh Kant, MSME officials and IIT Delhi professor will also attend the meeting. The structure of the new financial institution will be discussed in detail in the meeting.

Offer of interest rate relief to those depositing money in a financial institution
This initiative of the government will benefit small entrepreneurs, grocery stores, women's savings institutions in the villages. Apart from this, personal loans like auto driver, mechanic, electrician etc. will also be able to avail this scheme. According to sources, the government will also provide more benefits to those who repay their loans ahead of time. There is also a proposal to give interest rate relief to those depositing money in this financial institution.

Read In Gujarati Click Here
ગુજરાતીમાં માહિતી માટે અહીં ક્લિક કરો 

Three days after applying, the loan amount will be credited to his account
According to sources, the government will provide loans of up to Rs 10 lakh to the needy people through this initiative. Anyone or businessman who wants to take a loan will have to apply. Three days after applying, the loan amount will be credited to his account. Actually, this new initiative aims to solve the crisis arising out of the Koro crisis in rural areas. Keeping this in mind, a blueprint of the plan will be prepared. So that more and more people can take advantage of it. In the process of taking a loan, paperwork should be minimized and the loan amount should be deposited to the needy at the earliest.

Small entrepreneurs will get a loan of up to 10 lakh rupees

Small entrepreneurs will get a loan of up to 10 lakh rupees


If you drive an auto, run a grocery store or do some other small business. If the corona (COVID19) epidemic has raised the question of livelihood for you, then the government has heard your problem. The government is preparing to simplify the lending process so that small businesses and individuals can get loans easily, according to the sole news source.

Construction of Social Micro Finance Institute
The government is working to establish a 'social microfinance institute' for this. Which will speed up the loan process and make it much easier. A meeting of the NITI Aayog on the formation of this financial institution is to be held on 13 August. NITI Aayog CEO Amitabh Kant, MSME officials and IIT Delhi professor will also attend the meeting. The structure of the new financial institution will be discussed in detail in the meeting.

Offer of interest rate relief to those depositing money in a financial institution
This initiative of the government will benefit small entrepreneurs, grocery stores, women's savings institutions in the villages. Apart from this, personal loans like auto driver, mechanic, electrician etc. will also be able to avail this scheme. According to sources, the government will also provide more benefits to those who repay their loans ahead of time. There is also a proposal to give interest rate relief to those depositing money in this financial institution.

Read In Gujarati Click Here
ગુજરાતીમાં માહિતી માટે અહીં ક્લિક કરો 

Three days after applying, the loan amount will be credited to his account
According to sources, the government will provide loans of up to Rs 10 lakh to the needy people through this initiative. Anyone or businessman who wants to take a loan will have to apply. Three days after applying, the loan amount will be credited to his account. Actually, this new initiative aims to solve the crisis arising out of the Koro crisis in rural areas. Keeping this in mind, a blueprint of the plan will be prepared. So that more and more people can take advantage of it. In the process of taking a loan, paperwork should be minimized and the loan amount should be deposited to the needy at the earliest.
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