Tag: collateral-free loans
Street vendors earn more, go digital under PM-SVANidhi
New Delhi: The average income of street vendors covered under the Centre’s flagship PM-SVANidhi scheme has increased by 20%. The impact assessment of the microcredit…
Government, RBI measures ensure seamless rural credit flow: Finance Ministry
New Delhi: Reserve Bank of India (RBI) endeavours to maintain sufficient liquidity in the banking system to ensure that the productive requirements of the economy,…
Startup India sops to boost deeptech firms’ revenue, research
The government’s move to allow deeptech startups to access fiscal benefits with relatively more lenient regulations under the Startup India scheme could materially improve their…
Microcredit scheme for gig, platform workers in works
New Delhi: The Centre is finalising a microcredit scheme to provide collateral free loans of up to Rs 10,000 per year to gig workers, domestic…
Lenders provide loans worth Rs 34 lakh cr under Mudra Yojana: MoS Finance
Minister of State for Finance Pankaj Chaudhary on Thursday said lenders have sanctioned loans worth Rs 34 lakh crore under PMMY to 55 crore beneficiaries…