Rajasthan
Draft 'Indira Gandhi Urban Credit Card Scheme'
- 17 Aug 2021
- 2 min read
Why in News
- On August 16, 2021, Chief Minister Ashok Gehlot approved the draft of 'Indira Gandhi Urban Credit Card Scheme, 2021' for self-employment and everyday needs of the street vendors of urban areas and the youth and unemployed of the service sector.
Key Points
- Taking a sensitive decision to provide financial resources for employment, self-employment and daily needs in urban areas in view of the global pandemic Covid-19, Chief Minister Gehlot had announced the implementation of 'Indira Gandhi Urban Credit Card Scheme' in this year's budget.
- The goal of the scheme is to connect with street vendors, hairdressers, rickshaw pullers, khatis, potters, cobblers, masons, tailors, washermen, dye-painters, electricians, plumbers, and other people in the unorganized sector, including unemployed youth and provide them financial assistance.
- Under this, beneficiaries will be provided with interest free loans up to Rs 50,000 that is also without any guarantee. Nearly 5 lakh beneficiaries living within the limits of Municipality, Municipal Council and Municipal Corporation will be provided assistance under this scheme.
- The implementation of the scheme will be done through the Department of Autonomous Government. For the beneficiaries belonging to the Scheduled Castes, Scheduled Tribes and Other Backward Classes of urban areas the scheme will be implemented by the Scheduled Castes Corporation.
- The scheme will be applicable for one year and new loans can be sanctioned till March 31, 2022. The loan moratorium period will be 3 months and loan repayment period will be 12 months.
- The District Collector will be the nodal officer for effective implementation and review of the scheme.
