{"id":106025,"date":"2026-08-28T12:40:10","date_gmt":"2026-08-28T07:10:10","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=106025"},"modified":"2026-08-28T13:48:19","modified_gmt":"2026-08-28T08:18:19","slug":"about-pm-svanidhi-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/about-pm-svanidhi-scheme\/","title":{"rendered":"PM SVANidhi Scheme"},"content":{"rendered":"<h2><b>PM SVANidhi Scheme Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to Ministry of Housing &amp; Urban Affairs As many as 21.86 lakh loans to the tune of Rs 6,294 crore have been disbursed to street vendors under the Prime Minister Street Vendor\u2019s AtmaNirbhar Nidhi (PM SVANidhi) Scheme in the last 12 months.\u00a0<\/span><\/p>\n<h2><b>About PM SVANidhi Scheme<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>Prime Minister Street Vendor\u2019s AtmaNirbhar Nidhi<\/b><span style=\"font-weight: 400;\"> (PM SVANidhi) scheme was launched in <\/span><b>June 2020.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a <\/span><b>Central Sector Scheme<\/b> <b>supporting street vendors<\/b><span style=\"font-weight: 400;\"> through affordable working capital, financial inclusion and social protection measures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Implementation:<\/b><span style=\"font-weight: 400;\"> It is a joint responsibility of the <\/span><b>Ministry of Housing and Urban Affairs<\/b><span style=\"font-weight: 400;\"> (MoHUA) and the <\/span><b>Department of Financial Services (DFS).<\/b><\/li>\n<\/ul>\n<h2><b>Key Features of PM SVANidhi Scheme<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Working Capital Loan:<\/b><span style=\"font-weight: 400;\"> Collateral-free loans of <\/span><b>\u20b915,000, \u20b925,000, and \u20b950,000<\/b><span style=\"font-weight: 400;\"> are provided <\/span><b>in three progressive tranches<\/b><span style=\"font-weight: 400;\"> with interest subsidy and credit guarantee support.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>UPI-linked RuPay Credit Cards:<\/b><span style=\"font-weight: 400;\"> Vendors successfully repaying the second tranche are eligible for <\/span><b>UPI-linked RuPay Credit Cards with limits up to \u20b930,000.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Digital Adoption:<\/b><span style=\"font-weight: 400;\"> Cashback <\/span><b>incentives of up to \u20b91,600<\/b><span style=\"font-weight: 400;\"> are provided to street vendors for retail\/wholesale digital transactions to encourage digital adoption and financial literacy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>SVANidhi se Samriddhi (SSS):<\/b><span style=\"font-weight: 400;\"> Socio-economic profiling of beneficiaries and their families is undertaken to link them with eight selected Central welfare schemes and create a holistic social security net.\u00a0\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Capacity Building &amp; Entrepreneurship Development:<\/b><span style=\"font-weight: 400;\"> Vendors are provided with training in financial literacy, digital literacy, and food safety &amp; hygiene in collaboration with FSSAI.<\/span><\/li>\n<\/ul>\n<p><b>Source:<\/b> <strong><a href=\"https:\/\/www.pib.gov.in\/PressReleaseDetail.aspx?PRID=2303797&amp;reg=48&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PM SVANidhi Scheme is a Central Sector Scheme supporting street vendors through affordable working capital, financial inclusion and social protection measures.<\/p>\n","protected":false},"author":24,"featured_media":106181,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[2216],"class_list":["post-106025","post","type-post","status-publish","format-standard","has-post-thumbnail","category-upsc-prelims-current-affairs","tag-pm-svanidhi-scheme","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/106025","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=106025"}],"version-history":[{"count":6,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/106025\/revisions"}],"predecessor-version":[{"id":121489,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/106025\/revisions\/121489"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/106181"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=106025"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=106025"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=106025"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}