🇮🇳
National
🔴 High
PM SVANidhi Scheme – 6 Years Completed
📅 Published 02 Jun 2026 · june 2026
PM SVANidhi Scheme – 6 Years Completed
Ministry: Ministry of Housing & Urban Affairs (MoHUA)
Key Points
- Launched in 2020 for street vendors.
- Provides collateral-free working capital loans.
- Completed 6 years in May 2026.
- 1.12 crore loans sanctioned.
- Loan value exceeds ₹17,800 crore.
- Around 75.5 lakh street vendors benefited.
- North-East:
- 2.59 lakh loans
- Assistance over ₹430 crore.
UPSC Facts
- Promotes financial inclusion.
- Encourages digital transactions.
- Supports urban livelihoods.
📝 Relevant Exams:
UPSC