*Mayor distributes PRAISE awards for best performance under PMSVANIDHI *
*Praise Awards 2023-24; celebrating achievements, inspiring excellence*
Chandigarh, September 3:- Sh. Kuldeep Kumar, Mayor of Chandigarh today distributed Praise awards 2023-24 to the best performer banks under PM SVANIDHI scheme at a state level award ceremony organized at Rani Laxmi Bai Mahila Bhawan, Sector 38, here in the presence of Sh. Yogesh Dhingra, area councilor, Mrs. Isha Kamboj, Joint Commissioner, Sh. Hari Singh Gumra, Chief LDM, Chandigarh, Sh. Vivek Trivedi, Social Development Officer, DAY-NULM, Chandigarh and other concerned officials of MC and banks.
In the award ceremony, Municipal Corporation Chandigarh was conferred Best in Svandhi Se Samriddhi category, and Punjab National Bank and Bank of Baroda was given Best Performing Banks under PM SVANidhi, whereas 10 Bank Branches comprised of Bank of Baroda, Grain Market, Bank of Maharashtra, Sector-47- C, Central Bank of India, Sector 37- C, Punjab National Bank, Sector-22, Punjab National Bank, Ind. Area Ph-I, State Bank of India,Sector -22- D, State Bank of India,Main Branch,UCO Bank, Manimajra, Union Bank of India (UBI), Main Branch and Union Bank of India (UBI), Dhanaswere given best performing branches in the Chandigarh as per notification of Ministry of Housing and Urban Affairs, Government of India dated 29, July 2024.
While addressing the gathering, the Mayor said that Chandigarh has mobilized 10, 358 applications, and 8563 applications were sanctioned with a loan amount of Rs. 13.8 cr. whereas 7978 applications were disbursed with a loan amount of Rs. 12.55 cr giving benefits to approx. 4900 registered street vendors in Chandigarh. 96.89% of PM SVANidhi beneficiaries were profiled with the identification of 11472 new members for eight social security schemes for the members of street vendors.
On this occasion, the Mayor also distributed Parichay Board issued by the Government of India along with a letter from Prime Minister to PM SVANidhi beneficiaries. In addition, officials engaged in the implementation of PM SVANdhi were also appreciated by the Mayor Chandigarh.
In the programme, bank officials, street vendors, PM SVANidhi beneficiaries and members of the Town Vending Committee and members of Area Level Federation and City Level Federation, NGOs participated.
Also, sessions were organized on various subjects like Financial Literacy, Financial Inclusion, PoshanAbhiyan, Social Security schemes and a camp was installed at the venue in the programme.
