PM SVANidhi: Financial Support Scheme for Street Vendors
The PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) is a Government of India micro-credit program introduced on 1 June 2020 by the Ministry of Housing and Urban Affairs (MoHUA). The scheme provides easy access to collateral-free working capital loans to street vendors, helping them sustain and grow their small businesses. In addition to financial assistance,…