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RESILIENCE REWARDED | PM SVANidhi Scheme empowers Anantnag’s street entrepreneurs

12:00 AM Jan 08, 2024 IST | GK NEWS SERVICE
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Anantnag, Jan 7:  In Anantnag, the Viksit Bharat Sankalp Yatra is unfolding transformative stories, showcasing the impact of the PM SVANidhi scheme on resilient street vendors.

An official spokesman in a statement issued here said that from Mattan to Qazigund, from Seer-Hamdan to Kokernag, lives are being reshaped, businesses are flourishing, and hope is rekindled.

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Muhammad Amin Mir, Muhammad Nawab Faridi, and Punkaj Mandal’s stories are shining examples of street vendors in Mattan.

From starting their businesses with minimal resources, these entrepreneurs flourished with financial aid under PM SVANidhi.

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Their success stories echo the experiences of millions across India, illustrating the Yatra's unwavering commitment to inclusive development.

Kaisar Ahmad Bhat's story from Qazigund is heart-touching.

Facing the brink of closure during the harsh times of COVID-19, the PM SVANidhi Scheme became his lifeline.

With successive tranches totalling Rs 80,000, Kaisar not only revived his fruit-selling Rehri but stands today as a successful street vendor, a testament to the scheme's transformative power.

In Seer-Hamdan, Mushtaq Ahmad Ganie, Bikram Mandal, and Kadar epitomise the success spurred by PM SVANidhi.

Starting from scratch, they expanded their businesses with financial assistance, leading to increased income and a better lifestyle.

Their unique stories resonate with the yatra's commitment to leaving no citizen behind.

Muhammad Ayoub Bhat, a graduate from Kokernag, faced challenges accessing credit for his business. PM SVANidhi changed the game, providing a loan that fueled business growth and enhanced income. His story inspires unemployed youth across India, showcasing the Yatra's dedication to inclusive development.

In Dooru Verinag, Muhammad Ashraf Mochi's fruit and vegetable vending unit faced setbacks during COVID-19.

The PM SVANidhi Scheme revived his business, availing all three tranches and boosting daily income.

His satisfaction reflects the scheme's impact on businesses, irrespective of education or qualification.

The Centre’s PM SVANidhi scheme emerges as a beacon of hope for street vendors nationwide. Providing working capital loans, incentivising repayment, and promoting digital transactions, goes beyond financial assistance, becoming a catalyst for economic resurgence and uplifting lives.

As Viksit Bharat strides forward, these success stories illuminate its commitment to a future where every citizen is an integral part of the nation's journey towards progress and prosperity.

This isn't just a promise, it is Viksit Bharat in dynamic action, fostering inclusivity and transforming lives at the grassroots level.

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