Categories: National

Union Minister Hardeep Singh Puri launches SVANidhi Mahotsav

On the occasion of second anniversary of the Prime Minister Street Vendor’s AtmaNirbharNidhi (PM SVANidhi) scheme, the Housing and Urban affairs Minister, Hardeep Singh Puri launched the ‘SVANIdhi Mahotsav,’ which will be celebrated from 9th to 31st of July. The festival will be organized in 75 cities across all states and Union Territories, and showcase various cultural activities, digital training activities and loan melas. It will also have functions for felicitation of distinguished Street vendors.

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The festival aims to celebrate 75 years of independence with the nano-entrepreuners and it is the first of its kind for the financial inclusion of street vendors. He further added that three thousand six hundred crore rupees has been distributed to beneficiaries of the scheme. The PM SVANidhi programme was launched by the modi government in July 2020 to provide financial assistance through loans to street vendors who were reeling under the devastating effects of the coronavirus pandemic.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

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