The Reserve Bank of India has announced to include street vendors of tier-1 and tier-2 centres, identified as part of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi Scheme) as beneficiaries under the Payments Infrastructure Development Fund (PIDF) Scheme. Payments Infrastructure Development Fund (PIDF) Scheme was launched by RBI to encourage deployment of Points of Sale (PoS) infrastructure (both physical and digital modes) in tier-3 to tier-6 centres and northeastern states.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
So now RBI has specifically allowed street vendors of Tier-1 and Tier-2 centres, to be part of PIDF Scheme. The street vendors in tier-3 to tier-6 centres will continue to be covered under the Scheme by default. PIDF presently has a corpus of Rs. 345 crore.
Find More News on Economy Here
Government of Nagaland officially released a Coffee Table Book titled “Transforming Lives: A Glance of…
Justice Bela M. Trivedi, the eleventh woman in the history of the Indian Supreme Court,…
In a significant step to bolster national security and counter-terrorism efforts, Union Home Minister Amit…
In a landmark moment for Indian athletics, Neeraj Chopra breached the 90m mark for the…
The U.S. Federal Reserve, commonly referred to as the Fed, is one of the most…
There are many beautiful places in Jammu and Kashmir, each known for something special. Some…
![](data:image/svg+xml;charset=utf-8,<svg height="200px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="218px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
