Categories: National

Ease of living: Common platform called Jan Samarth to be launched soon

Jan Samarth

The government intends to launch Jan Samarth, a unified platform for the delivery of multiple initiatives administered by several ministries and departments, in order to make life easier for the average man. The new portal will initially enrol 15 credit-linked government initiatives, as part of the Narendra Modi government’s objective of minimum government maximal governance.

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KEY POINTS:

  • They noted that because some of the Centrally Sponsored Schemes include various agencies, the services will be gradually increased based on compatibility.
  • Different ministries, for example, run initiatives like the Pradhan Mantri Awas Yojana and the Credit Linked Capital Subsidy Scheme (CLCSS).
  • The proposed portal aims to put various schemes together on a single platform so that beneficiaries can access them easily. State Bank of India and other lenders are doing pilot testing and tying up loose ends before the official launch, according to the statement.
  • Because of the portal’s open architecture, state governments and other organisations will be able to add their plans to the platform in the future.
  • To make it easier for borrowers, the government developed a platform in 2018 that offered a variety of credit products, including MSME, home, auto, and personal loans.
  • Various state-owned banks can now approve loans for MSMEs and other borrowers in principle in 59 minutes, compared to the previous turnaround time of 20-25 days.

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