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Karnataka gives Rs 2,000 subsidy to Covid-hit street vendors


Elders leading from the front to fight COVID
As part of the economic relief package to the Covid-hit, Karnataka Chief Minister B.S. Yediyurappa on Tuesday released Rs 2,000 subsidy each to over 2 lakh registered street vendors across the state under the Deendayal Antyodaya (national urban livelihood) scheme.
The scheme has been formulated under skill development, entrepreneurship and livelihood development.
The subsidy is a gesture to thousands of street vendors whose livelihood was affected by the pandemic s second wave and the extended lockdown imposed since April 27 across the state to contain the virus spread, said the Chief Minister in a statement. ....

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Challenges of #AatmaNirbhar cities and Union budget 2021-22


By Soumyadip Chattopadhyay, Arjun Kumar
Twenty-first Century India is urbanizing at a massive scale. The country is expected to house half of its population in urban areas by the year 2040. Cities, especially the larger ones, have been placed at the centre of the economic growth strategies. However, the increasing pace of urbanisation in India has not been matched by adequate planning, governance and infrastructure development. The impacts of the COVID-19 pandemic have further exposed the shortcomings of Indian cities in addressing urban densification and inadequate provision of urban basic services including drinking water and sanitation.
This pandemic has affected the urban poor more than anyone else. The engines of our economic growth have been derailed due to massive disruption in economic and related activities inflicted by this pandemic. Given the predominance of informal production and labour relations in the Indian cities, a cessation of all economic activity is b ....

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PM SVANidhi scheme: UP, M.P and Telangana tops in extending loans to street vendors


PM SVANidhi scheme: UP, M.P and Telangana tops in extending loans to street vendors
February 09, 2021
 
Street vendors who do business with pushcarts were the major beneficiaries of PM SVANidhi (Prime Minister Street Vendor’s Aatmanirbhar Nidhi) scheme, constituting nearly two-thirds of the loans availed.
On June 1 last year, the government launched PM SVANidhi scheme to provide affordable working capital loan to street vendors, who were adversely affected due to Covid-19 induced lockdown.
Launched by the Union Ministry of Housing and Urban Affairs, the scheme aimed at providing working capital loans of up to ₹10,000, which is repayable in monthly instalments in one year. ....

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