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.
India’s Vice-President, C. P. Radhakrishnan, recently inaugurated the Third International Conference on Indian Languages in…
Gujarat has taken a major step in strengthening preventive healthcare with the launch of a…
In an important development in India’s judiciary, Justice Manoj Kumar Gupta was appointed as the…
A heart-touching and socially meaningful incident took place in Visakhapatnam (Andhra Pradesh), where a book…
India’s fintech ecosystem achieved a key regulatory milestone as Skydo received final authorisation from the…
World Hindi Day 2026 (also known as Vishwa Hindi Diwas) is observed every year on…