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Badavara Bandhu

Street vendors/ small vendors are at the lowest economic strata, who are subjected to exploitation without institutional finance system. Government has responded to the difficulties and micro finance facility to street vendors/small vendors in the State under “BadavaraBandu” mobile service scheme, which is announced in 2018-19 budget.  Through cooperative banks at zero interest rate for loan upto Rs.10,000 is lend to Street vendors/ small vendors.

 

As on 29.03.2021 outstanding loan balance amount of 7.56 crore was cleared as part of loan waiver scheme benifiting 10897 street vendors

This scheme is discontinued in the year 2021-22 as it is merged with central government scheme PM Savnidi.

 

Last Updated: 24-03-2022 04:25 PM Updated By: Admin



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