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SVANIDHI LOANS
'Trust, dignity, empowerment': PM Modi celebrates six years of PM SVANidhi scheme, empowers street vendorsPrime Minister Modi on X posted, "Today we mark #6YearsofPMSVANidhi, a scheme which has transformed the lives of countless street vendors b...- Street vendors earn more, go digital under PM-SVANidhiThe PM-SVANidhi scheme has significantly boosted street vendor incomes by 20%. Digital transactions by vendors have nearly doubled, reachin...
- PSBs told to draw up plan to boost rural and informal sector lendingGovernment directs state-run banks to identify successful initiatives for wider adoption. The focus will be on lending to unorganised secto...
- Microcredit scheme for gig, platform workers in worksA new microcredit scheme is being finalized to offer collateral-free loans up to Rs 10,000 annually to gig workers and domestic helps. This...
- PFRDA targets to bring 50 lakh SVANidhi scheme beneficiaries under Atal Pension YojanaPFRDA aims to enroll 5 million PM SVANidhi beneficiaries in the Atal Pension Yojana (APY), leveraging the success of the micro-credit schem...
- Street vendors to get credit cards, bigger loansThe PM SVANidhi scheme is being revamped to offer street vendors higher subsidised loans and UPI-linked credit cards with a limit of Rs 30,...
- Will revamp PM SVANidhi scheme for street vendors: Sitharaman in Budget speechThe PM SVANidhi scheme for street vendors, as presented by Union Finance Minister Nirmala Sitharaman, will be revamped with increased loan ...
- Finmin to meet heads of banks on Jan 15 to review financial inclusion schemesHeads of Public Sector Banks (PSBs) will meet on Wednesday to review progress on financial inclusion schemes like Jan Suraksha, Mudra Yojan...
- Rs 13,422 crore disbursed to street vendors under PM SVANidhi scheme, Rajya Sabha toldThe Union Housing Ministry disbursed over 94 lakh loans, totaling Rs 13,422 crore, to street vendors under the PM SVANidhi scheme. Over 40 ...
- Finance Ministry calls meeting with PSBs to review financial inclusion schemes ahead of budgetFinance ministry has scheduled a meeting on Tuesday with heads of state-owned banks and financial institutions. The purpose of the meeting ...
- Centre paid Rs 147.82 crore in interest subsidy on loans under PM SVANidhiThe central government has paid Rs 147.82 crore in interest subsidy to street vendors under PM SVANidhi scheme since it began in 2020 and t...
- Loans worth Rs 9,790 crore disbursed to street vendors under PM SVANidhi scheme: Government in Rajya Sabha"This scheme is available pan-India in all urban local bodies," Union Housing and Urban Affairs Minister Hardeep Singh Puri said while repl...
- Assam tops North-East states in implementation of PM SVANidhi schemeAfter reviewing the progress of PM SVANidhi scheme in the Northeastern states here, Karad appealed to the banks to accelerate coverage of S...
- Centre plans to double loan amount for street vendorsThe government is planning to double the amount of the first tranche to ₹20,000, according to people aware of the matter. The housing and u...
- Only 40% street vendors repay working capital loan given during Covid-19The scheme was initiated in July 2020 to help street vendors hit by Covid-19. Under the scheme, street vendors were offered loans in three ...
- PM SVANidhi scheme to continue till December 2024"Today's approval has increased the loan amount to Rs 8,100 crore, thereby providing the street vendors working capital to further expand t...
- Public sector banks sanction 95% of total loans under PM SVANidhi schemeUnder the scheme, collateral-free working capital loan of up to Rs 10,000 of one-year tenure is being provided. The scheme aims at financin...
- Nobody would have imagined a welfare scheme for the poor to be implemented so quickly: PM on SVANidhi YojanaLaunched in June, to provide working capital to street vendors hard-hit due to the lockdown and help them resume their businesses, the PM S...
- Street vendors, small traders need special assistance package, not loans: PriyankaTweeting just ahead of the prime minister's interaction with the street vendors from UP, Priyanka Gandhi said throughout the lockdown, stre...
- 'PM SVANidhi': Government receives over 5 lakh loan applications from street vendorsThe Union Housing and Urban Affairs Ministry said the PM Street Vendor's AtmaNirbhar Nidhi scheme has generated considerable enthusiasm amo...
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