PM SVANidhi Scheme Current Affairs, GK & News

MeitY organised Digital Payment Utsav

As a part of ‘Azadi Ka Digital Mahotsav’, the Ministry of Electronics & Information Technology (MeitY) hosted a unique event called ‘Digital Payment Utsav’ on December 10, 2021. Key Points Under the Digital Payment Utsav, the journey and rise of digital payments in India was celebrated. It brought the leaders from Government, fintech companies, banking ..

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PM SVANidhi Scheme: 1.6% loans from private sector

The Ministry of Housing and Urban Affairs recently announced that over twenty lakh street vendors have been provided loans under the PM SVANidhi scheme till March 29, 2021. Of this, eighteen lakh loans were provided by the Public Sector Banks. On the other hand, the private sector banks have provided only 32,534 loans. Bottom line, ..

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MOHUA- Zomato partnership under the PM SVANidhi

The Ministry of Housing and Urban Affairs (MOHUA) and Zomato have signed a MoU under the Prime Minister Street Vendor’s AtmaNibhar Nidhi (PM SVANidhi) Scheme. Key Facts Under the MoU, it was decided to onboard the street food vendors on the food-tech platform of Zomato. This would help the street food vendors to access online ..

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MoU for providing Special Micro-Credit Facility for Street Vendors signed

The Union Ministry of Housing and Urban Affairs has signed a memorandum of understanding (MoU) with Lucknow based financial institution SIDBI- Small Industries Development Bank of India on 19th June 2020. The MoU will provide a boost in building Atmanirbhar Bharat by providing credit or loans to the street vendors across the country for resuming ..

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GoI launches PM SVANidhi scheme

On June 1, 2020, Government of India launched the Pradhan Mantri SVANidhi Scheme for street vendors. The Union cabinet has cleared the credit amount for the scheme as well Highlights The PM SVANidhi or PM Street Vendors Atmanirbhar Nidhi is a credit facility scheme that will help more than 50 lakh urban and rural street ..

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