Jagananna Thodu

Brief objective

The AP government's 'Jagannanna Thodu' scheme seeks to help small traders who are struggling with high interest rates. 

Benefits to the citizens

Interest-free term loan of Rs 10,000 per year would be extended to the hawkers, street vendors, and artisans engaged in traditional handicrafts through banks.

Eligibility

• Small trader must be over 18 years of age. Family income should be less than Rs.10,000 in villages and less than Rs.12,000 in towns.
• Must have Aadhaar, Voter Card or any other identity card issued by the Government.
• Those who trade on carts on the side of the road, on footpaths, in public and private places, and those who carry goods on their heads in the Gampa are eligible.
• Those who trade on bicycles, motorcycles and autos from one place to another are also eligible.
• In villages and towns, those who have set up permanent or temporary shops in a space of about 5 feet in length, 5 feet in width and less are eligible for this scheme.

How to apply

• Applicants must approach the village/ ward secretaries.
• After processing at the Ward / Villages Secretariat, the District Collectors send the applications to the banks for processing.
• Applications will be examined and the loans will be disbursed to the beneficiaries by the banks directly transferring the loan amount up to Rs.10,000 / - as requested by the beneficiaries. 
• Village and Ward Secretariat will consult with the bankers and formulate the interest payment policy.

Whom to contact (implementation agency at the state/district level)

Gram sabha/ Village volunteers