AP CM Jagan Launched PM Street Vendors Atmanirbhar Nidhi
Amaravati: Andhra Pradesh Chief Minister YS Jaganmohan Reddy on Wednesday launched the PM Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) scheme, meant for extending collateral-free loans up to Rs 10,000 each to street vendors, but named it after himself, drawing flak from the BJP.
The Chief Minister renamed the Central Sector Scheme, fully-funded by the Union Ministry of Housing and Urban Affairs, after himself as ‘Jagananna Todu’, claiming that the State government would bear the full interest on the loans.
Slamming the Chief Minister over this, the State BJP pointed out that Jagan has usurped one more Central scheme and affixed his own name to it. “PM SVANidhi has been brought in as part of the Atma Nirbhar Bharat package post-Covid-19. It is shameful that the Chief Minister has changed the schemes name,” BJP State general secretary S Vishnuvardhan Reddy said in a statement.