Paisa- portal launched for affordable credit & interest subvention access

A centralized electronic platform for process interest subvention on bank loans to beneficiaries underneath Deendayal Antyodaya Yojana  this yojana may be use full for UPSC exam and IAS prelims– National Urban Livelihoods Mission (DAY-NULM) named “PAiSA – Portal for reasonable for savings under cridit  and Interest Subvention Access”, was launched here these days. The online platform has been designed and developed by Allahabad Bank that is that the Nodal bank.

Launching the portal, Sh Durga Ravi Shankar Mishra, Secretary, Ministry of Housing and concrete Affairs same, “PAiSA is yet one more effort by the govt. to attach directly with the beneficiaries, guaranteeing that there are larger transparency and potency within the delivery of services. DBT of subvention on monthly basis underneath DAY-NULM can provide the mandatory financial backing to tiny entrepreneurs during a timely manner”.

The portal was launched throughout the course of a day-long National Workshop on Municipal Finance and concrete designing organized by the Ministry of Housing and concrete Affairs and provided a platform to spot key areas of concern concerning municipal finance and concrete designing, and exploring the choices accessible to resolve them by tempting senior officers / specialists to shed light-weight on best practices.

Quite three hundred delegates comprising officers from the States, Urban native Bodies, planning Offices across the country and Banks participated within the workshop.