Mysore/Mysuru: The Mysuru City Corporation (MCC) has been in the forefront in the implementation of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), a special micro-credit facility for street vendors. Of the total 11 Corporations in the State, the MCC has been in first place in receiving applications and disbursing loan to eligible vendors.
The MCC had been given a target of sanctioning loan to 12,454 street vendors through banks. So far, 13,325 applications were received and Rs.10,000 loan each had been given to 769 vendors. As many as 1,913 applications were under scrutiny.
