SMC holds special financial assistance camps for street vendors

SRINAGAR: Srinagar Municipal Corporation organised special financial assistance camps in various wards of the city in order to facilitate the street vendors under PM- Street vendors AtmaNirbhar Nidhi Scheme.
The camps in the first phase were organised in 16 wards including Lalchowk, Rainawari, Barbarshah, Khanyar, Madeen Sahib, Soura, Safa Kadal, HMT, Batamaloo, Magarmal , Jawahar Nagar, Chanpora , Hyderpora and Panttha Chowk.
Under this scheme a loan of Rs 10,000 is being provided to street vendors as soft loan.These Camps have been organised under the overall supervision of Commissioner SMC Gazanfar Ali .
He said that by organising these camps and having interactive and awareness sessions with the street vendors will be motivating for them to take the benefits of the scheme.
Ali further directed ward officers to mobilise their staff especially tax personal in informing vendors to approach to the concerned camps / wards for the know how of the scheme.On the occasion SMC invited officers from the banks operating in the jurisdiction of the above wards where camps were organised and street vendors called for the on spot and hassle free grant of financial assistance
The total number of cases registered in a single day were 450 besides issuing on spot Letter Of Request (LOR) to Banks for 146 vendors .SMC till date has registered 5400 vendors for financial assistance under this scheme.


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