Lucknow (Uttar Pradesh): The District Magistrate on Saturday directed all banks and their branches to remain open on Sunday to complete the targets under PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) Scheme, in Lucknow.
As per the DM's order, only work related to the scheme will be done on Sunday.
"Action will be taken against those banks and civic bodies which found to be closed on this day," the order read.
The Centre had on June 1, 2020 launched PM SVANidhi Scheme to facilitate collateral-free working capital loan up to Rs 10,000 of one-year tenure, to approximately, 50 lakh street vendors, to resume their businesses.