प्रधानमंत्री स्वनिधि

PM STREET VENDOR'S ATMANIRBHAR NIDHI (PM SVANIDHI)

Special Micro-Credit Facility Scheme for providing affordable loan to street vendors to resume their livelihoods that have been adversely affected due to Covid-19 lockdown. This scheme intents empower Street Vendors for their self-reliance, holistic development, and economic upliftment. The scheme intends to facilitate collateral free working capital loans of up to Rs 10,000/- of one-year tenure, to approximately 50 lakh street vendors, to help resume their businesses in the urban areas, including surrounding peri-urban/rural areas. Further the scheme supports SVs with repeat loans of Rs 20,000 under tranche -II and Rs 50,000 under tranche-III. Scheme incentives digital transactions undertaken by SVs through cashback.

Last Updated On : Wednesday, 26-03-2025

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