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Government Scheme Update: Many special schemes are being run by the central and state government for the general public, in which the government is providing financial assistance to the poor and needy.
Now the state government has extended the duration of another scheme. The Rajasthan government has decided to extend the period of its ambitious Indira Gandhi Urban Credit Card scheme till the end of this financial year. Along with this, the age limit for applying in the scheme has also been increased to 60 years.
Deadline extended till 31 March 2024
According to an official statement, Chief Minister Ashok Gehlot launched the scheme with an aim to provide self-employment to urban street vendors and service sector youth and unemployed and to provide them interest-free loans for their daily needs. It has been decided to extend the period of Indira Gandhi Urban Credit Card Scheme till March 31, 2024.
Extended age limit for application
As per the mandate, the period of Indira Gandhi Urban Credit Card Scheme has been extended till March 31, 2024. Earlier the duration of this scheme was till 31 March 2023. Along with this, the age limit for applying in the scheme has been extended. It has been increased from 40 years to 60 years, so that needy people above 40 years of age in urban areas can also get the benefit of this scheme.
Get interest free loan up to Rs.50,000
It is noteworthy that Indira Gandhi Urban Credit Card Scheme was launched in the year 2021. Under this scheme, an interest-free loan of up to Rs 50,000 is made available. The objective of this scheme is to provide financial assistance to unemployed youth and unemployed youth who earn their livelihood by working as street vendors, rickshaw pullers, potters, tailors, washermen, mechanics, painters etc. without any guarantee of livelihood and self-employment . Providing small amount loan facility.
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