Context: The Prime Minister of India recently shared an in-depth research report by the State Bank of India that provides a clear picture of the transformative impact of PM SVANidhi.
PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)
oIt is a special micro-credit facility plan to provide affordable loans of up to 10,000 to more than 50 lakh street vendors, who had their businesses operational on or before 24 March.
Benefits of Scheme