News Excerpt:
Recently, the Prime Minister inaugurated the ‘Pradhan Mantri Samajik Utthan and Rozgar Adharit Jankalyan’ (PM-SURAJ) national portal during an event organized by the Ministry of Social Justice and Empowerment.
About PM-SURAJ:
- Objective:
- It is aimed at uplifting the most marginalized sections of society.
- The objective is to directly provide financial assistance to beneficiaries, eliminating middlemen and commissions.
- Implementation body:
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- Ministry of Social Justice and Empowerment and its departments.
- The portal is being launched to establish a one-stop point where people from disadvantaged sections of society can apply for and monitor the progress of all loan and credit schemes already available to them.
- Credit assistance to one lakh entrepreneurs hailing from disadvantaged communities will be provided under it.
- Credit support will be provided to eligible persons across the country and facilitated through banks, NBFC-MFIs, and other organizations.
- Significance:
- The PM-SURAJ national Portal for credit support to disadvantaged sections prioritizes the underprivileged and is dedicated to placing them at the forefront of development initiatives.