PM SVANidhi Loan Scheme

PM SVANidhi loan

Ministry of Housing & Urban Affairs launched a scheme (PM SVANidhi Loan online) PM Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) to empower Street Vendors by not only extending loans to them but also for their holistic development and economic upliftment. The scheme intends to facilitate collateral-free working capital loans of up to INR 10,000/- of one-year tenure, to approximately 50 lakh street vendors, to help resume their businesses in the urban areas, including surrounding urban/rural areas. Eligible criteria for PM SVANidhi Loan Street Vendors knew as vendors, hawkers, Thelewala,…

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