Delhi government to launch mobile-app for filing of self-employment loan applications

The Delhi government will launch a mobile-app for filing of self-employment loan applications with the DSFDC, Social Welfare and SC/ST Minister Rajendra Pal Gautam told reporters today.
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The app will not only help applicants file request for loans with the the Delhi SC/ST/OBC/Minorities and Handicapped
Finance and Development Corporation (DSFDC), but also enable them to keep track of the process.
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"Chief Minister Arvind Kejriwal will launch the app at a function at the Talkatora stadium after paying tributes to Dr B R Ambedkar on December 9," Gautam said.
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Within four days of filing a request on the app, the applicant will be contacted by officials concerned for documentation and the loan will be disbursed in a month's time, he said.
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"If any officer holds a loan file for more than a week, then it will automatically move up to his senior. The officer found inefficient in this regard could be punished with compulsory retirement," the minister said.
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The chief minister will also launch a scheme for coaching facilities for SC students pursuing civil services, medical, engineering and other competitive examinations, he said.
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"Initially 100 students will be selected under the scheme and later the number will be increased to 5,000. The SC/ST fund will be used to pay for their coaching fees as well as Rs 2,500 as an assistance for buying books and other needs," Gautam said.
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The coaching fee will be decided as per the prevailing market rates, he added.
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The minister also said that a scheme for loans up to Rs 20,000 to street vendors will be launched in January. "Under the scheme, no residence proof will be needed and a subsidy of Rs 10,000 will be given," he said.
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The department has planned to give loans to 1000 street vendors utilising a fund of Rs 2 crore, he added.