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:
• • 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.