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PAiSa Portal

Published on Friday, June 07, 2019
PAiSa Portal
Launch Date: 26th November 2018
Launched by: Government of India

Key feature:

  • This portal is used for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM).
  • Allahabad Bank has designed and developed this web platform and is the Nodal bank for this portal.
  • The portal was launched during the National Workshop on Municipal Finance and Urban Planning which was organized by the Ministry of Housing and Urban Affairs.
  • The portal also provided a platform not only to identify the areas of concern regarding municipal finance and urban planning, but also to explore the options available to resolve them by experts.
  • More than 300 delegates including officers from the States, Urban Local Bodies, and Town Planning Offices from all over the country and Banks participated in this workshop.

Benefits

  • With this initiative, the government connects the beneficiaries directly for ensuring greater transparency and efficiency in delivery of services.

Deen Dayal Antyodaya Yojana-National Urban Livelihoods Mission (DAY-NULM)

  • It was implemented by the Union Ministry of Housing and Urban Poverty Alleviation in 2014 to uplift urban poor folks by enhancing sustainable livelihood.
  • The Centre and the States’s funding for this scheme was in the ratio of 75:25. For North Eastern and Special Category – the ratio was 90:10.

Allahabad Bank

  • Headquarters: Kolkata
  • Founded: 24th April 1865
  • Tagline: A tradition of trust
  • MD & CEO: Shri CH. S. S. Mallikarjuna Rao
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