Sri Vijaya Puram, November 12: Sri Vijaya Puram Municipal Council (SVPMC) organised a PM SVANidhi Mahotsav today at the Councillor’s Office, Ward No. 19, Bhatubasti, to create awareness among street vendors about the benefits of the PM SVANidhi Scheme and to encourage them to avail the financial assistance and other benefits available under it.
Addressing the gathering as chief guest, Mr. V. Vetrivel, Senior Vice-Chairperson, SVPMC, encouraged the street vendors to stay aware of the welfare schemes launched by the Government and the Ministry and to make full use of them to improve their livelihoods and strengthen their businesses.
The Community Organiser, SVPMC, briefed the vendors on the features and benefits of the scheme, including the availability of collateral-free working capital loans and the procedure for applying for them. The vendors were also sensitised about the importance of timely loan repayment and the adoption of digital transactions.
A few beneficiaries shared their success stories and expressed satisfaction over the assistance they received under the scheme during the COVID-19 pandemic. They said the timely availability of micro-credit loans had helped them restart their businesses, which had been severely affected during the lockdown.
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 a renewed appeal to street vendors to participate actively in the scheme and avail its benefits. Street vendors and SVPMC officials took part.
