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STREET VENDORS LOAN
Govt pushes PSU banks to develop loan products of up to ₹1 lakh each for street vendorsPublic sector banks are developing new loan products up to ₹1 lakh for street vendors, aiming to help them build credit histories and trans...- Jio revs up IPO engine; Accenture shock sinks ITJio Platforms has kicked off its IPO process with the filing of its draft papers with Sebi. This and more in today's ETtech Top 5.
- His father sold chole-kulche on Jalandhar streets, now son gets a selection call from one of the world’s richest sports bodiesArjun Rajput, son of Jalandhar street vendor Hoti Ram, has been selected for India's Under-19 squad. This achievement follows years of fina...
- Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressuresUnion Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, ...
- '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...
- Design focus under ECMS; Kissht's strong IPO demandGovernment mulls mandating minimum design investment by firms under ECMS rules. This and more in today's ETtech Top 5.
- 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 ...
- 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 ...
- 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...
- Centre directs banks, civic bodies to work in tandem on scheme for loans to street vendorsThe minister of state for finance also asked the municipal bodies to work in a 'camp mode' and mobilise fresh applications to achieve the t...
- PMSVANidhi scheme: Gujarat govt distributes loans to 4,000 street vendors"Our government is determined to solve the problems of everyone and bring them in the mainstream of development. In every scheme under the ...
- 88% street vendors regularly repaying PM SVANidhi loansThe micro credit scheme, unveiled on July 2, 2020 to provide easy loans to street vendors in the wake of Covid-19, gave out the first tranc...
- 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' scheme can reduce dependence on high interest- charging money lenders: Hawkers' bodyThe National Hawkers Federation (NHF) also said it has set up a dedicated team of business correspondents in association with banks to ensu...
- '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...
- Street vendor loans may come with subventionThe government is considering a 5-7% interest subvention on loans to street vendors to make the targeted ₹5,000-crore financial assistance ...
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