Why in the news?
Jan Samarth Portal has completed four years since its launch on 6 June 2022, marking progress in digital financial inclusion and seamless credit delivery.
About Jan Samarth Portal
- A single-window digital platform for credit-linked government schemes.
- Connects:
- Beneficiaries
- Banks
- Government schemes through one integrated system.
- Objective:
- Simplify access to institutional credit.
- Improve financial inclusion and digital lending.
- Sectors covered:
- Agriculture
- Business
- Housing
- Renewable energy
- Livelihoods.
Schemes Available on the Portal
Agriculture and Rural Sector
- Kisan Credit Card
- Agriculture Infrastructure Fund
- Agri Clinics and Agri Business Centres Scheme (ACABC)
Business and Livelihood
- Pradhan Mantri Mudra Yojana
- PM SVANidhi
- Prime Minister’s Employment Generation Programme
- Loan for Startups
Renewable Energy
- Rooftop Solar Installation Financing.
Housing
- Home loans for:
- Economically Weaker Sections (EWS)
- Lower Income Group (LIG)
- Middle Income Group (MIG)
Scale and Impact
- Applications Processed 54.10 lakh applications processed.
- Loan Value ₹3,00,951 crore applications processed through the portal.
- Digital Approvals
- 49.55 lakh beneficiaries approved.
- ₹2,76,493.78 crore sanctioned digitally.
[2020] Under the Kisan Credit Card scheme, short-term credit support is given to farmers for which of the following purposes?
1.Working capital for maintenance of farm assets
2.Purchase of combine harvesters, tractors and mini trucks
3.Consumption requirements of farm households
4.Post-harvest expenses
5.Construction of family house and setting up of village cold storage facility
Select the correct answer using the code given below:
[A] 1, 2 and 5 only
[B] 1, 3 and 4 only
[C] 2, 3, 4 and 5 only
[D] 1, 2, 3, 4 and 5