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Om Birla, Sitharaman distribute loans worth Rs 2,500 crore under outreach drive in Kota

Kota: Loans worth Rs 2,500 crore were given in a single day to street vendors, small scale entrepreneurs and cattle rearers at a credit outreach programme here on Sunday.

Union Finance Minister Nirmala Sitharaman and Lok Sabha Speaker Om Birla handed over the cheques to some beneficiaries.

Officials said others will receive their loan amounts during the course of the day.
The loans were given under schemes like Pradhan Mantri Svanidhi Yojana, Mudra Yojana and Pashupalak Kisan Credit Card.

Addressing the event at Dusshera Ground here, Sitharaman said the Prime Minister himself has given guarantee for loans under the Pradhan Mantri Svanidhi Yojana, so one does not need to produce any document for guarantee.

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