Navi Mumbai: NMMC commissioner directs officials to speed up street vendors registration

During the COVID lockdown, the livelihood of many street vendors was adversely affected and now they are being provided Rs 10,000 micro-credit under the Pradhan Mantri Swanidhi Yojana.

Amit SrivastavaUpdated: Monday, December 05, 2022, 03:55 PM IST
article-image
Rajesh Narvekar, the newly appointed commissioner of Navi Mumbai Municipal Corporation (NMMC) | Photo: File

The Navi Mumbai Municipal Corporation (NMMC) has registered a total of 3055 street vendors for the Special Credit Facility Scheme of the Central Government-sponsored Prime Minister's Self-Development. The civic body has a target of registration of a total of 6,839 street vendors.

During the COVID lockdown, the livelihood of many street vendors was adversely affected and now they are being provided Rs 10,000 micro-credit under the Pradhan Mantri Swanidhi Yojana.

Under the scheme, street vendors will get a working capital loan of up to Rupees 10,000 with a repayment period of one year and a 7% interest subsidy if repaid every month.

After the repayment of the first loan of Rs.10,000, vendors will be eligible for Rs.20,000 and Rs.50,000 loans respectively.

During a meeting, the municipal Commissioner Rajesh Narvekar reviewed the status and directed all department officers and ward officials to work on weekends and complete the registration. Officials from banks were also present during the meeting.

The civic body has appealed to street vendors to visit their nearest ward offices and register their names with Aadhaar card/election card/ferry license / Gumasta licenses / possibly nationalized bank accounts and register with their mobile Aadhaar card by December 7, 2022 and take benefits of the scheme. 

(If you have a story in and around Mumbai, you have our ears, be a citizen journalist and send us your story here. )

(To receive our E-paper on WhatsApp daily, please click here.  To receive it on Telegram, please click here. We permit sharing of the paper's PDF on WhatsApp and other social media platforms.)

RECENT STORIES

Mira Bhayandar: Hearing on MBMC new development plan begins

Mira Bhayandar: Hearing on MBMC new development plan begins

Mumbai: From language to mannerisms and food, here's what North Indians find weird in Mumbaikars

Mumbai: From language to mannerisms and food, here's what North Indians find weird in Mumbaikars

Mumbai: Police conducts All Out Operation; nabs several offenders for various crimes

Mumbai: Police conducts All Out Operation; nabs several offenders for various crimes

Navi Mumbai: NMMC offers 25 percent discount on auditorium fees for zero waste events

Navi Mumbai: NMMC offers 25 percent discount on auditorium fees for zero waste events

Mumbai-Shirdi, Mumbai-Solapur Vande Bharat Express trains to be flagged off on Feb 10; Check...

Mumbai-Shirdi, Mumbai-Solapur Vande Bharat Express trains to be flagged off on Feb 10; Check...