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The Ministry of Social Justice and Empowerment launched a nationwide initiative to provide credit support to marginalised segments of society, with Prime Minister Shri Narendra Modi serving as the Chief Guest at the event.
The Prime Minister inaugurated the 'Pradhan Mantri Samajik Utthan and Rozgar Adharit Jankalyan' (PM-SURAJ) national portal online during the proceedings. In this post, let's look at the PM-SURAJ portal, its features, benefits, and how it works towards India's development.
The Pradhan Mantri Samajik Utthan and Rozgar Aharit Jankalyan (PM-SURAJ) national portal is designed to uplift the most marginalised segments of society, such as the backward classes, scheduled castes, tribes, and other disadvantaged sections, and extend credit assistance to one lakh entrepreneurs from disadvantaged communities. Administered by the Ministry of Social Justice and Empowerment and its departments, the portal is a centralised platform where individuals from underprivileged backgrounds can apply for and track the progress of all available loans and credit schemes. Credit support will be facilitated through banks, non-banking financial companies, microfinance institutions (NBFC-MFIs), and other entities to ensure nationwide accessibility.
Here are some of the essential details about this portal that you should keep in mind:
Name of the Portal | PM-SURAJ Portal |
---|---|
Application Process | Online |
Beneficiaries | Citizens from the marginalised segments of society |
Category | Central Government Scheme |
Launched By | Prime Minister Narendra Modi |
Launch Date | 13th March 2024 |
Loan Amount | Up to Rs. 15 lakhs |
Objective | To elevate marginalised segments of society and foster empowerment |
Official Website | www[dot]pmindia[dot]gov[dot]in |
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Jotted down below are the major objectives of the PM-SURAJ Portal:
Below are the criteria you need to meet to apply on the PM-SURAJ Portal:
Launching the new portal by the Modi government will generate numerous employment opportunities across India. This initiative promises to address the longstanding issue of unemployment in the country. In addition to facilitating Business loans, the portal will offer access to various schemes, simplifying the loan application process. This development is particularly advantageous for individuals who aspire to launch their businesses but face financial constraints. With the aid of this portal, individuals from lower-income and economically vulnerable backgrounds will have the opportunity to venture into entrepreneurship. This will foster self-reliance among them and elevate their standard of living.
The Prime Minister's Office has affirmed that the PM-SURAJ Portal will extend financial aid to individuals from all marginalised segments of India. Through this portal, citizens will receive financial assistance to initiate new businesses, with the potential loan amount reaching up to ₹15 lakhs. You can conveniently submit a loan application via the PM-SURAJ portal using your mobile device anytime and anywhere, enabling you to initiate your business ventures. This platform facilitates applications for business loans of up to ₹15 lakhs. Individuals will no longer encounter the usual challenges of obtaining bank business loans. The loan application process is entirely online, allowing you to apply from the comfort of your home.
Here is the list of documents you will have to submit to apply for the loan through PM-SURAJ portal:
If you wish to apply for a loan through the PM-SURAJ Portal and avail its benefits, you can easily do so by following the steps outlined below:
The PM personally engaged with beneficiaries from various states who have benefited from schemes like National Action for Mechanized Sanitation Ecosystem (NAMASTE), Venture Capital Fund for Scheduled Caste (VCF-SC), Venture Capital Fund for Backward Classes (VCF-BC), and Ambedkar Social Innovation Incubation Mission (ASIIM), aimed at supporting disadvantaged groups, including scheduled castes, backward classes, and Safai Mitras (Sewer and Septic tank workers).
At the initiative's core lies a nationwide effort to offer vital credit assistance to one hundred thousand entrepreneurs from disadvantaged communities. This initiative marks a new era of opportunities for those without financial support. The portal endeavours to uplift marginalised communities and integrate them into the mainstream Economy, a crucial step towards realising the vision of Viksit Bharat by 2047.
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