Uttar Pradesh tops in providing benefits of PM SVANidhi scheme

The Uttar Pradesh government has achieved remarkable success in implementing both state and central programs for people’s welfare on a large scale, making them accessible to all segments of society, an official statement from the UP government said on Thursday.

The state holds the top position in the country in effectively extending the benefits of eight central government schemes to the citizens under SVANidhi se Samriddhi Yojana, the statement said.

UP stands out for its excellent performance in delivering the benefits of PM SVANidhi Yojana, a central government initiative designed to provide financial support to street vendors, who faced unemployment during the COVID-19 pandemic.

Due to the effective supervision of Chief Minister Yogi Adityanath, over 22 million street vendors and their families have benefited from eight central schemes so far, which is a record. The benefits of these schemes were provided by the Central Government in three phases to the Municipal Corporation, Municipal Corporation and Nagar Panchayats respectively.

Dr. State Urban Development Agency (SUDA) Director Anil Kumar emphasized that Prime Minister Yogi is committed to ensuring that the benefits of both state and central programs reach all segments of the state’s population.

He has issued explicit guidelines to all departments, emphasizing the importance of ensuring that the benefits of these programs are extended to every individual without any discrimination on the basis of religion or caste.

He said CM Yogi personally supervises and conducts review meetings to ensure fair distribution of benefits of welfare schemes among the people. As a result of these efforts, Uttar Pradesh has achieved top position nationally in the implementation of all eight central programs associated with Prime Minister SVANidhi.

Based on the applications received under Prime Minister SVANidhi Yojana, the state has successfully provided the first loan tranche to 12,08,605 beneficiaries, the second tranche to 3,84,487 beneficiaries and the third to 29,908 beneficiaries.

Over 16,23,000 beneficiaries in the state have received loans amounting to around Rs 2,127.11 crore, with a ratio of 85.64 per cent. Moreover, over 6,04,566 street vendors in the state have managed to repay their loans after benefiting from the PM SVANidhi scheme.

It is worth mentioning that Prime Minister SVANidhi is offering loans in three phases where the first installment is of Rs 10,000, the second of Rs 20,000 and the third of Rs 50,000, he informed.

The SUDA Director said that under Prime Minister SVANidhi Yojana, vendors and their families get the benefits of 8 central schemes namely Prime Minister Jeevan Jyoti Bima Yojana, Prime Minister Suraksha Bima, Pradhan Mantri Jan Dhan Account, One Nation One Ration Card, Janani Suraksha Yojana, Prime Minister Matru Vandana Yojana, PM-SYM and registration under BOCW scheme are given.

The benefit of this scheme has been provided to a total of 17,65,975 people in the first phase, 3,62,313 in the second phase and 87,503 in the third phase.

Till date, 22,15,791 people in the state have benefited from 8 central schemes, which is 76.86 percent of the total number.

Uttar Pradesh leads the country in digital transactions conducted by vendors, with 6,57,572 active digital vendors, accounting for 56.4 percent of the total. Digital transactions have been carried out a total of 198.78 million times, he added.