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.
CSIR unveiled the three Indian-made Micro & Small Gas Turbine Engines on 25th August, 2026.…
The e-Shram portal will complete five years on 26 August 2026, which is quite an…
Country music icon Dolly Parton has passed away at the age of 80 years, her…
Imagine pulling a fish from a river that weighs as much as a large motorcycle…
NASA’s planned 2028 Mars mission could take planetary exploration to a new level by combining…
Eid Milad-un-Nabi celebration in India will take place on August 26th, 2026, as it marks…