Scheme For Street Vendors

As one of the largest micro-credit urban programmes worldwide, PM SVANidhi has been an effective vector of ensuring societal harmonisation among unformalised segments of urban micro-entrepreneurs from fringe strata, a report said.

The Centre has disbursed 27.06 lakh loans amounting to Rs 2,714 crore under PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi Scheme) so far.

The Delhi High Court Tuesday dismissed a public interest litigation (PIL) seeking grant of loan under the Prime Minister Street Vendor's Atma Nirbhar Nidhi scheme, and said a party cannot claim a "compulsory loan" in the absence of any application.

Between July and December 2020, out of 32 lakh applications received by banks for loans, private sector banks had got only 1.5 lakh applications.

While several state-owned banks have high interest rates for beneficiaries under SVANidhi scheme, many of them seek credit ratings of beneficiaries.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has launched the PM Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) scheme, meant for extending collateral-free loans up to Rs 10,000 each to street vendors, but named it after himself, drawing flak from the BJP.

Prime Minister Narendra Modi interacted with SVANidhi beneficiaries from Uttar Pradesh via video conferencing on Tuesday and said that the street vendors are now becoming ''Atmanirbhar'' by the help of this scheme.

Prime Minister Narendra Modi today interacted with the beneficiaries of PM Street Vendors' Aatmanirbhar Nidhi (PM SVANidhi) scheme from Madhya Pradesh and stressed on the use earthen pitchers instead of single-use plastic bottles for drinking water.

Under the PM SVANidhi scheme, street vendors can avail a working capital loan of up to Rs 10,000

Prime Minister Narendra Modi on Saturday reviewed the implementation of a special micro-credit facility for street vendors, stressing that it should not be seen from the perspective of extending loans to them but as part of an outreach for their holistic development and economic uplift.

Union finance minister Nirmala Sitharaman today unveiled the second tranche of Centre's Rs 20 lakh crore fiscal stimulus, which attempts to address the question of food, shelter and livelihood for migrant workers, street vendors and small farmers. The immediate relief measure announced was extra grain. A universal, portable ration card which can be...

The Delhi High Court today stayed enforcement of the AAP government's amended rules and scheme for regulating street vending activities in the national capital and to protect rights of urban street vendors.

New Delhi Municipal Council (NDMC) is constituting a Town Vending Committee (TVC) to conduct a survey of street vendors in the area within its jurisdiction and come up with a scheme for their relocation.

As one of the largest micro-credit urban programmes worldwide, PM SVANidhi has been an effective vector of ensuring societal harmonisation among unformalised segments of urban micro-entrepreneurs from fringe strata, a report said.

The Centre has disbursed 27.06 lakh loans amounting to Rs 2,714 crore under PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi Scheme) so far.

The Delhi High Court Tuesday dismissed a public interest litigation (PIL) seeking grant of loan under the Prime Minister Street Vendor's Atma Nirbhar Nidhi scheme, and said a party cannot claim a "compulsory loan" in the absence of any application.

Between July and December 2020, out of 32 lakh applications received by banks for loans, private sector banks had got only 1.5 lakh applications.

While several state-owned banks have high interest rates for beneficiaries under SVANidhi scheme, many of them seek credit ratings of beneficiaries.

Andhra Pradesh Chief Minister YS Jagan Mohan Reddy has launched the PM Street Vendors AtmaNirbhar Nidhi (PM SVANidhi) scheme, meant for extending collateral-free loans up to Rs 10,000 each to street vendors, but named it after himself, drawing flak from the BJP.

Prime Minister Narendra Modi interacted with SVANidhi beneficiaries from Uttar Pradesh via video conferencing on Tuesday and said that the street vendors are now becoming ''Atmanirbhar'' by the help of this scheme.

Prime Minister Narendra Modi today interacted with the beneficiaries of PM Street Vendors' Aatmanirbhar Nidhi (PM SVANidhi) scheme from Madhya Pradesh and stressed on the use earthen pitchers instead of single-use plastic bottles for drinking water.

Under the PM SVANidhi scheme, street vendors can avail a working capital loan of up to Rs 10,000

Prime Minister Narendra Modi on Saturday reviewed the implementation of a special micro-credit facility for street vendors, stressing that it should not be seen from the perspective of extending loans to them but as part of an outreach for their holistic development and economic uplift.

Union finance minister Nirmala Sitharaman today unveiled the second tranche of Centre's Rs 20 lakh crore fiscal stimulus, which attempts to address the question of food, shelter and livelihood for migrant workers, street vendors and small farmers. The immediate relief measure announced was extra grain. A universal, portable ration card which can be...

The Delhi High Court today stayed enforcement of the AAP government's amended rules and scheme for regulating street vending activities in the national capital and to protect rights of urban street vendors.

New Delhi Municipal Council (NDMC) is constituting a Town Vending Committee (TVC) to conduct a survey of street vendors in the area within its jurisdiction and come up with a scheme for their relocation.