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‘Jagananna Thodu’- An interest free Loan Scheme

Published on November 30, 2020
Current Context: The Government of Andhra Pradesh launched the ‘Jagananna Thodu’ Scheme.
‘Jagananna Thodu’- An interest free Loan Scheme
  • The scheme is an interest-free benefit service for small traders and street vendors. 
  • The fund allotted for this scheme is Rs 905 crores and is said to benefit around 9.05 lakh traders and street vendors. 
  • Under this scheme, an interest-free loan of Rs 10,000 will be offered to small traders and street vendors in their bank account.
  • Also, the QR based smart ID cards will be given to them to avail various benefits. 
  • Enrollment for the scheme can also be done by dialling toll-free number 1902.
  • The scheme will be managed and monitored by SERP (Society for Elimination of Rural Poverty) and MEPMA (Mission for Elimination of Poverty in Municipal Areas). 

Question: 

Q.1 What is the interest-free loan amount is given to small traders and street vendors under ‘Jagananna Thodu’ Scheme of Andhra Pradesh?
a. Rs 6000
b. Rs 5000
c. Rs 12000 
d. Rs 10000
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