MEETING WITH BANKERS TO PROVIDE LIVELIHOOD OPPORTUNITY FOR URBAN STREET VENDORS

Bhubaneswar(06/08/2023): A meeting with bankers was held at State Urban Development Agency (SUDA) Conference hall in Bhubaneswar to provide livelihood opportunity for Urban Street Vendors through financial inclusion The meeting chaired by Sarada Prasad Panda, Director SUDA & Joint Secretary to Government Goutam Patra, GM & Convener SLBC, AO, SUDA, Deputy Commissioner BMC, SMMU, SUDA along with around 40 Regional Heads from different banks joined the meeting. There was a detail discussion on how to speed up Socio Economic Profiling across targeted ULBs for inclusion of Street Vendors under various Social Welfare programmes of Govt.

All Bankers agreed to work together as a team in coordination with BMC & other ULB officials to bring about drastic improvement in the likelihood of the street vendors with financial support under various schemes of the Government as well as under PM SVA Nidhi.

Bank Partners are imperative to be aligned timely with various pro-poor initiatives for timely facilitation and in a journey of uplifting the urban poor and transforming their lives.

Around 32,000 pending cases of PM SVA Nidhi Loans was discussed in details and to clear the same at the earliest There was also discussion on how to speed up Socio Economic Profiling across targeted ULBs for inclusion of Street Vendors under various Social Welfare programmes of Govt.

All Bankers agreed to work together on this front. Remarkably during COVID Pandemic our Banking partners were very helpful to timely release the financial assistance to street vendors securing their economy and livelihood.

A total of 206709 Street Vendors were facilitated with Rs 3000 each in three phases immediately after announcement of Chief Minister Naveen Patnaik .