AAP to launch project to empower SSI and shopkeepers

PTI New Delhi: Ahead of the upcoming Delhi Assembly elections, the AAP government on Thursday announced plans to launch the ‘Mukhyamantri Swavlamban Rozgar Yojna’, aimed at empowering small-scale industries and shopkeepers. Under this initiative, the small-scale industries and shopkeepers will have easy access to low-interest loans of up to Rs 10 lakh, an official statement said. The Delhi government will provide a 10 per cent subsidy to general applicants, 15 per cent to women and ex-servicemen, and 20 per cent to physically handicapped individuals and widows, it added.

The scheme is designed to offer crucial financial assistance to individual entrepreneurs, trade professionals, artisans and disadvantaged groups, including those with disabilities and widows. Industries Minister Saurabh Bharadwaj explained the scheme’s goal is to strengthen small businesses and individuals by providing essential financial support, helping them expand their operations and generate employment opportunities. “This initiative highlights the Delhi government’s commitment to fostering economic growth and creating job opportunities at the grassroots level.

The ‘Mukhyamantri Swavlamban Rozgar Yojana’ will empower smallscale industries and shopkeepers, making them self-reliant and contributing to the overall development of Delhi,” he said. The scheme aims to overcome the limitations of the previous ‘Swavlamban Rozgar Yojana’, which only financed 18 units annually over the past eight years.