Madhya Pradesh has topped among the other states in the implementation of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi). The scheme is presently benefiting the beneficiaries of 378 urban bodies of the state. Till now 8,70,330 street vendors have registered under the scheme, out of which 1,76,000 street vendors have been issued the identity cards and vending certificates. Part from this, 15,500 cases have been approved in the state along with interest free loan of around 15 crore 50 lakh.
About PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi):
PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) is a Special Micro-Credit Facility for Street Vendors to help them in continuing their business. It also offers interest free working capital of Rs 10,000 for one year. Under the scheme, interest subsidy of 7% on loan amount will be borne by the Central Government while the remaining amount will be borne by the State Government.
Important takeaways for all competitive exams:
The race for the FIFA World Cup 2026 Golden Boot has become the most exciting…
India and Australia have introduced the India-Australia Roadmap for Sports Collaboration, Honourable Prime Minister Narendra…
The UP Mahila Udyam Nidhi Yojana 2026 is a women entrepreneurship assistance program, it is…
The FIFA World Cup 2026 has entered the most dramatic and thrilling stage of the…
From 1 August 2026, women travelers in Delhi will have to possess the Pink Saheli…
The state government of Jharkhand has unveiled an ambitious AI Policy 2026-31 roadmap, it aimed…