Jammu, June 1 (IANS) The Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), which started six years ago on June 1, 2020, as a key Central government scheme to support street vendors in keeping their businesses afloat during the post-pandemic era, has slowly emerged as a key pivot in reshaping and reinventing the small-time businesses. The scheme, with a pan-India presence, also brought a sea change in the lives of small-time businessmen and vendors in Jammu and Kashmir.Shakeel Ahmad…
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New Delhi, May 31 (IANS) As the Prime Minister Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) completes six years of providing loans and propping up crores of street vendors, hit by the Covid-19 pandemic, on June 1, 2026 (Monday), a lookback at the scheme shows its contribution in handholding the sector and bringing back to life, which once precariously hanged in despair and uncertainty. The scheme was launched by Prime Minister Narendra Modi on June 01, 2020, with the aim of facilitating co…
New Delhi, May 31 (IANS) Union Minister for Housing and Urban Affairs Manohar Lal on Sunday said that the PM SVANidhi Scheme, launched by Prime Minister Narendra Modi in 2020, has emerged as a major initiative to empower street vendors and strengthen the livelihoods of the urban poor across the country.Highlighting the impact of the scheme, the Union Minister said the initiative was aimed not only at providing collateral-free loans to street vendors, but also at ensuring dignity, confidence and …
New Delhi, May 30 (IANS) The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme has digitally onboarded over 55 lakh beneficiaries, who have collectively recorded more than 841 crore digital transactions worth nearly Rs 9 lakh crore, according to an official statement on Saturday.Over 55 lakh beneficiaries have been onboarded digitally, and they have collectively carried out over 841 crore digital transactions worth Rs 8.96 lakh crore. Beneficiaries have also received nearly…
New Delhi, April 8 (IANS) As the Pradhan Mantri Mudra Yojana (PMMY) completed 11 years, Prime Minister Narendra Modi on Wednesday said the scheme has played a crucial role in promoting self-employment among the youth. Taking to social media platform X, PM Modi said, “Launched exactly 11 years ago today, the Pradhan Mantri Mudra Yojana has proven to be immensely helpful in fostering self-employment among the youth. The success of this scheme demonstrates that, given the right opportunities, an …
New Delhi, Jan 27 (IANS) With women entrepreneurs in focus, Delhi Chief Minister Rekha Gupta on Tuesday led the signing of an MoU with a Central lending agency to provide city investors loans of up to Rs 10 crore without furnishing any collateral guarantee, an official said.Seen as a step towards strengthening small and micro enterprises in the national capital, the Memorandum of Understanding (MoU) was signed between the Government of Delhi and the Central government’s Credit Guarantee Fund T…