New Delhi: Thirty-four senior bureaucrats have been made nodal officers to assist states and supervise the implementation of Prime Minister Street Vendor's Atma Nirbhar Nidhi scheme in the country, officials said on Thursday.
The scheme, to be implemented from July 1, is aimed at providing affordable loans to street vendors to resume their livelihoods that had been hit due to lockdown.
Under the scheme, vendors can avail a working capital of up to Rs 10,000, repayable in monthly instalments in one year. On timely/early repayment of the loan, an interest subsidy @7% per annum will be credited to the bank accounts of beneficiaries through Direct Benefit Transfer on a six-month basis.
"The nodal officers will be responsible for supervising the implementation of the scheme and also assist states in resolving issues that may arise," a Personnel Ministry order said.
The Ministry of Housing and Urban Affairs will provide the charter of duties of the nodal officers, contact details of stakeholders in the states/union territories/cities and all the necessary support, it said.
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