PM Modi launches Jan Samarth online platform for credit-related systems

This portal will serve as a one-stop shop for young people and the middle class. This will be crucial in freelance work

Prime Minister Narendra Modi on Monday launched the Jan Samarth portal, the national portal for credit-related government programs, during the “emblematic week celebrations” of the Ministries of Finance and Commercial Affairs in Vigyan Bhawan.

At the event, Prime Minister Modi said, “By reducing compliances by over 30,000, abolishing over a thousand laws and decriminalizing several provisions of the Companies Act, we have ensured that for Indian businesses to grow and reach new heights.”

Prime Minister Modi stressed, “This portal will make life easier for students, entrepreneurs, business people and farmers, but it will also help them realize their dreams. Additionally, students will learn which government programs will benefit them most and how to apply. for them.

This portal will serve as a one-stop shop for young people and the middle class. This will be crucial in freelance work.

Prime Minister Modi added, “India has also been working on various dimensions over the past eight years. The increased public participation in the country during this period has given impetus to the development of the country.”

The Prime Minister’s Office said: “The Jan Samarth Portal is a unique digital portal linking various government credit schemes. It is a one-of-a-kind platform that directly connects beneficiaries with lenders. The main objective of the Jan Samarth portal is to promote inclusive growth and development in various sectors by guiding them and providing them with the appropriate types of government benefits through simple and easy digital processes. In addition, the portal provides comprehensive coverage of all linked plans.

It is a digital platform that connects thirteen government credit-related schemes. Recipients can use it to digitally verify their eligibility in a few simple steps, apply online for an eligible program, and receive digital approval. The platform has four categories of loans and more than 125 lenders.

There are currently four loan categories: Education, Agricultural Infrastructure, Livelihoods, and Business, with various programs listed under each loan category on the portal. You must first verify eligibility for your preferred loan category by answering a few simple questions. Then, if you are eligible for one of the programs, you can choose to apply online to receive digital approval.