Cops Help Vendors Get Loans

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Cops Help Vendors Get Loans

| Updated: February 25, 2023 10:07

The Ahmedabad cops recently carried out a drive against loan sharks and are now working to help poor people get credit so that they can earn a living without having to borrow money at high-interest rates from loan sharks. The move came after MoS (Home) Harsh Sanghavi directed the cops to work out a solution to ensure easy access to credit for poor people.

Ahmedabad police chief Sanjay Srivastava, Joint Commissioner of Police (Crime Branch) Prem Vir Singh and DCP (EOW) Bharti Pandya met with officials of 23 banks and the Urban Community Development (UCD) department to discuss the possibility of ensuring loan access to such people. The CID Crime later issued a notification to all police commissioners and district SPs to help such poor get loans.

DCP Bharti Pandya, the nodal officer for the drive in Ahmedabad, said the city police has managed to get Rs6.72 crore of loan sanctioned for over 4000 street vendors who had difficulty getting loans and had to rely on loan sharks.

As many as 12,000 street vendors also filled up online forms for loans from 23 banks, most of them nationalised, and the UCD. 

Pandya said several of the people who got a loan did not have street vendor cards issued by the AMC but the UCD gave them recommendation letters so that their loan applications could get considered. 

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