PM SVANidhi
➡️ The "Ministry of Housing and Urban Affairs" has launched "PM SVANidhi" or "Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi Scheme".
➡️Who announced this scheme :
The scheme was announced by Finance Miister "Nirmala Sitharaman" on 14 may .
➡️Overview:
=> It is a special micro - credit facility plan to provide affordable loan of up to ₨ 10,000 to more than 50 lakh street vendors ,who had their businesses operational on or before 24th march.
=> Small industries development Bank of India is the technical partner for implementation of this scheme .
➡️Validity of the scheme :
=> The scheme is valid until march 2022.
➡️ The "Ministry of Housing and Urban Affairs" has launched "PM SVANidhi" or "Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi Scheme".
The scheme was announced by Finance Miister "Nirmala Sitharaman" on 14 may .
=> It is a special micro - credit facility plan to provide affordable loan of up to ₨ 10,000 to more than 50 lakh street vendors ,who had their businesses operational on or before 24th march.
=> Small industries development Bank of India is the technical partner for implementation of this scheme .
➡️Validity of the scheme :
=> The scheme is valid until march 2022.
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