Since the COVID-19 pandemic outbreak, most small businesses have suffered from a lack of working capital. Considering this, the central government of India has started a scheme called PM Street Vendor Atmanirbhar Nidhi (PM SVANidhi) Scheme. Following this scheme, the MP government has also launched two new schemes called MP Gramin Kamgar Setu Yojana for rural street vendors and MP Shahri Kamgar Setu Yojana for urban street vendors.
So if you are living in any urban area of Madhya Pradesh and facing problems with a lack of working capital, then you can apply for MP Shahri Kamgar Setu Yojana. Continue reading the article to learn more about MP Shahri Kamgar Setu Yojana along with its purpose and benefits in detail.
About MP Shahri Kamgar Setu Yojana
MP Shahri Kamgar Setu Yojana is a scheme started by the Madhya Pradesh government for the urban poor workers. This scheme was started on 6 June 2020 by CM Shivraj Singh Chauhan. Under this scheme, street vendors of Madhya Pradesh will get a loan of Rs. 10,000 from the state government. Urban workers of MP state can apply for this scheme to get short-term loans from banks that will improve their quality of life. Anyone can apply for this scheme, including street vendors, those with tiny enterprises, and daily wage earners. Moreover, the scheme supports workers through social security, self-employment, skill development, training, as well as institutional development.
RELATED – MP Ankur Yojana
Purpose of This Scheme
The main purpose of MP Shahri Kamgar Setu Yojana is to empower the urban unorganized workers of the state. Through this scheme, the government will provide them with opportunities for self-employment, skill training, and social security. Through this scheme, the urban poor workers of the MP state will get livelihood opportunities and can fulfill their needs.
Benefits of This Scheme
The following are some of the main benefits of MP Shahri Kamgar Setu Yojana are as mentioned below:
- The main benefit of MP Shahri Kamgar Setu Yojana is that the MP state government will provide loans to the workers.
- Through this scheme, the workers will get skill training and self-employment opportunities.
- This loan scheme will benefit them by providing social security.
- This scheme takes care of the needs of urban unorganized workers by providing them with working capital.
- The program also aims to educate workers about their perks and rights so that they can avail them.
RELATED – MP Yuva Swabhiman Yojana
The final words
MP Shahri Kamgar Setu Yojana is a significant scheme that improves the lives of urban unorganized workers. This loan scheme will benefit urban workers by empowering them. Through the loan amount, they can meet their needs and improve their quality of life. So if you are also a resident of MP state and are working as an urban street vendor then you can apply for MP Shahri Kamgar Setu Yojana to avail the benefits.
POPULAR SEARCH TERMS
MP Ankur Yojana, MP Yuva Swabhiman Yojana, MP Mukhyamantri Jankalyan Shiksha Protsahan Yojana, Kalibai Scooty Yojana, UP Birth Certificate, UP Labour Department Registration, UP Vidhwa Pension Yojana, MP Mukhyamantri Kanya Abhibhavak Pension Yojana, MP Jeevan Shakti Yojana, Mukhyamantri Rural Street Vendor Loan Scheme, MP Ayushman Bharat Niramayam Yojana, Madhya Pradesh Post-Matric Scholarship Scheme.