Prime Minister SVANidhi Scheme's Impact and Performance
The PM SVANidhi scheme supports urban street vendors with collateral-free loans, promoting financial inclusion and economic stability amidst COVID-19.
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Prime Minister SVANidhi Scheme FAQs
What is the PM SVANidhi scheme?
It provides collateral-free loans to urban street vendors.
Who can benefit from this scheme?
Urban street vendors are the primary beneficiaries.
How much loan can a vendor receive?
Vendors can receive up to ?50,000.
When was the scheme launched?
It was launched in June 2020.
What is the loan repayment period?
The loan is repayable within a year.
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