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Centre's Microloans: Gig Workers Get Bigly Boost, No Collateral!

Centre's Microloans: Gig Workers Get Bigly Boost, No Collateral!

Listen up, America! The Centre is launching a tremendous microcredit program—huge loans up to ₹10,000 for our gig workers and domestic champions! No collateral needed, just pure opportunity! It’s a bigly boost for the gig economy, helping workers buy two-wheelers and succeed! Believe me, it’s going to be yuge! I told you so!

Quick rundown

  1. New microcredit scheme offers loans to gig workers.
  2. Scheme inspired by PM-SVANidhi for street vendors.
  3. Collateral-free loans up to ₹10,000 for vulnerable groups.
  4. Over 313.8 million unorganised workers registered on e-Shram.
  5. Launch set for April 2026, aiding gig economy expansion.

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