a strong>Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi): Empowering India’s Street Vendors
The Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, launched in 2020, is a flagship government initiative aimed at providing financial support to one of India’s most economically vulnerable yet vibrant sectors – street vendors. The scheme reflects a deep commitment to uplift this integral part of the urban informal economy and facilitate their journey towards self-reliance.
Key Objectives of PM SVANidhi
- Access to Affordable Credit: Provide street vendors with working capital loans of up to ₹10,000 with easy repayment terms.
- Categories Schemes and Policies