Visit the Jagananna Thodu Scheme website at pmsvanidhi.mohua.gov.in. You have to click on the Apply for Loan link there. Read this blog to know more about this scheme.

Jagananna Thodu Scheme 

YSR Jagan Mohan Reddy, the chief minister of Andhra Pradesh, introduced the Jagananna Thodu Scheme on 25 November. Small merchants would receive the loan under this Scheme. The beneficiaries will get this loan without paying interest. The amount of the loan is ₹10,000. A total of 10 lakh merchants have sought to profit from this programme. The Andhra Pradesh government has allocated ₹1000 crores for this purpose, which has been immediately paid to the recipients’ bank accounts. The loan’s interest payment will be made through the Andhra Pradesh government through reimbursement to the beneficiary’s account.

The state administration has also launched a portal to prevent corruption. All recipients will get miniature ID cards with QR codes, which SERP and MEPMA supervise. Volunteers from village/ward secretariats identified 9,05003 lakh beneficiaries. The list of beneficiaries is presented at the secretariat for social audits. Through volunteers, you can get the benefits of this program.

Jagananna Thodu Scheme 2024

Government officials in Andhra Pradesh have introduced the Jagananna Thodu Scheme 2023. Street sellers in Andhra Pradesh will benefit a lot from the new program. All street sellers in Andhra Pradesh state who struggle to make a living owing to the Coronavirus epidemic will get working capital loans of ₹10,000 from the state government. The government will provide recipients loans so they can secure their livelihood and lead a fairly happy life.

Andhra Pradesh’s government has launched a new program to help street sellers. This post will tell you everything you need to know about the new Jagananna Thodu Scheme that Andhra Pradesh state officials introduced. In this post, you’ll find all the eligibility requirements, rewards, program objectives, and step-by-step registration process for the necessary plan announced by the Andhra Pradesh Government. The material below will walk you through every step of the Jagananna Thodu plan.

Highlights Of The Scheme

Phases of AP Jagananna Thodu Scheme

1. Third Phase of the Scheme

Andhra Pradesh’s chief minister, YS Jagan Mohan Reddy, announced the third instalment of the AP Scheme on 28 February 2023. This program gives interest-free loans to self-employed traders at a rate of 10%. Exciting payments have been totalling about ₹16.16 crore, or ₹526.62. This programme has helped about 510462 people. 

The Andhra Pradesh government unveiled this program on 25 November. Since then, the government’s given out around 14.16 lakh people ₹1416 crore. To get the benefit, left-out recipients can get in touch with the volunteer or visit the village ward secretariat. If you have any questions, you can call 08912890525.

2. Second Phase 

Mr Jagan Mohan Reddy, the chief minister of Andhra Pradesh, has introduced the Jagananna Thodu Scheme. Street sellers get interest-free loans up to ₹1000 through this initiative. On 8 June, the Chief Minister disbursed 370 crores from his Tadepalli camp office. This program will benefit ₹3.75 lakh people in phase 2. ₹5.35 lakh people got money from the Scheme’s first phase, worth 535 crores. The scheme has remitted 905 crore rupees to 9.05 lakh beneficiaries.

Scheme Specifications 

Jagananna Thodu Scheme Objectives

Only those States and UTs that have published their rules and programme can benefit from the programme. The official website for the programme, provided by the relevant authorities during the program’s launch ceremony, contains the whole application process. The Jagananna Thodu Scheme’s primary objective is to offer financial support to small enterprises throughout Andhra Pradesh. This programme will cover a significant number of street sellers and offer loans of 10,000 rupees to aid in the expansion of their operations.

Benefits Jagananna Thodu Scheme Benefits

1. For their business, which they conduct on footpaths or other streets in the state of Andhra Pradesh, street sellers will receive ₹10,000 rupees.
2. With the help of these loans, street vendors could give their business a chance by growing it and giving it a push.
3. Bank loans would be used to fund the loans given to street sellers by the Andhra Pradesh state chief minister.
4. The street sellers will receive loans from these institutions at no interest since the government would pay the interest.
5. The recipients must repay the loan over time in instalments. The initiative would cost ₹474 crores, and the government has so far designated 9.08 lakh beneficiaries for the programme.

Eligibility Requirements of AP Jagananna Thodu

The recipients must meet the following eligibility requirements to apply for the program:-

1. Under the AP Jagananna Thodu Scheme 2024, vendors of fresh produce, ready-to-eat street food, tea, pakodas, bread, eggs, textiles, artisan goods, and books and stationery are all eligible.
2. The category of street vendors also includes barbershops, cobblers, pan shops, and laundry services; these businesses are eligible for a loan of ₹10,000/- under this Scheme.
3. The small business owner should be at least 18 years old.
4. In rural and cities, the trader’s family should make ₹10,000 and ₹12,000, respectively.
5. Also eligible are people who hawk things on the street.
6. People selling groceries on sidewalks, in street carts, and in bicycle, fruit, and vegetable stands are qualified.
7. A social audit will be carried out, and comprehensive eligibility lists will be posted on the notice boards of the ward and village secretariats.
8. The programme is open to anybody with permanent or temporary storage in a village or town 5 feet long and 5 feet broad or smaller.
9. People selling groceries on sidewalks, in street carts, and in bicycle, fruit, and vegetable stands are qualified.
10. Everyone who operates a business using a cart on a public or private street, sidewalk, or other area is eligible.
11. Those who manage tiffin shops alongside the road are qualified.
12. Additionally eligible are those who sell various goods from booths or baskets.

Documents Necessary for Jagananna Thodu Scheme

To apply for the programme, the following documents must be submitted:-

1. Voter ID card, bank account details, and mobile number
2. Government-issued identity cards

Apply For AP Jagananna Thodu Scheme

• First, visit the Official Website of AP Jagananna Thodu

• The home page will appear on your screen.
• On the home page click on the Apply For Loan option.
• You’ll see a brand-new web page on your screen.

• Enter your mobile number here, then press the OTP Request button.
• The OTP that was sent to your registered mobile number, and enter it.
• Choose your vendor category now.
• Fill out the application
• Publish the crucial documents.
• Select the “Submit” button.
• Official Guidelines for Filling Out Your Application.

Search Jagananna Thodu Scheme Reports Online

1. The beneficiary starts by going to the Thodu Scheme’s official website.
   then select the desired settings, such as
2. District Specific Application Report. District-specific Bank-specific Applications Submitted Bank-specific Application status for AP Phase III Abstract for Jagananna Thodu Phase V
3. Choose the desired choice, then read the report’s details as needed.

Check Beneficiary Status of Jagananna Thodu

1. Visit the official website first.
2. Your screen will show the Homepage.
3. Select Street Vendors Survey Search from the homepage.
4. You’ll see a brand-new web page on your screen.
5. Enter the necessary information here, including State, ULB Name, Vendor ID Card Number, Certificate Of Vending No., Street Vendor Name, Father’s Name, and Mobile Number.
6. After entering the information, click the Search button.

Interest Payment of ₹49.77 billion Under the Scheme

Jagananna Thodu was created because tiny street sellers rarely get loans from banks, and when they do, they pay exorbitant interest rates. To fix this, the government has introduced the Jagan Anna Thodu plan. In this plan, the bank lends money to the recipients, and the government pays the interest on their behalf by depositing money into their accounts. In phases 1 and 2, the government has repaid interest payments of 29.42 crores and 20.35 crores. Beneficiaries have gotten interest reimbursements of 49.77 crores so far.

Loan Disbursement of ₹395 Crores for the Jagananna Thodu Scheme

On Wednesday, 3 August 2023, the interest-free loans were deposited directly into recipients’ bank accounts. There were 395 crores in cash and 15.96 crores in interest refunds. 3.95 lakh people also got fresh loans at no interest from the Yuvajana Sramika Rythu Congress Party (YSRCP). Mr Y.S. Jagan Mohan Reddy, the Scheme’s coordinator, praised small business owners for their hard work.

3.97 Lakh People Will Benefit From the AP Scheme

According to the Jagananna thodu Scheme, the Andhra Pradesh government will give interest-free loans to 3.97 lakh small merchants. The government reviewed this programme on 2 June 2023 and instructed village and ward secretariats, district collectors, and poverty alleviation agencies to pick the winners. As part of this programme, the government has also advocated for taking the necessary steps to make sure everyone gets benefits. 

Beneficiaries who have already borrowed and returned the principal can also get a loan from different banks. Chief Minister YSR Jagan Mohan Reddy says ₹5.08 lakh small business owners got loans through this program on 28 February 2023.

Whom to Contact( Implementation Agency at the State/District Level)

1. Toll Free Number- 1800111979
2. Landline Number- 02267221438/67531189
3. Mobile Number- 9821702101
4. Email Id- querysvs@cgtmse.initsuppprtsvs@cgtmse.in
5. Or directly contact- Gram Sabha/ Village Volunteers

Conclusion

This article contains all the important points that should be considered or related to the Jagananna Thodu Scheme in India. You can apply through the website and avail of Benefits and other schemes. Still, while applying for the schemes, you need to consult an expert with all the expertise in the preferred field. At Vakilsearch, you can find experts who can guide you on all your questions regarding India’s governmental schemes.

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