Street Vendors
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. ..
Month: Current Affairs - April, 2021
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 ..
Month: Current Affairs - February, 2021
What is PM SVANidhi?
Ministry of Housing & Urban Affairs launched a scheme – PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) on June 1, 2020. The scheme has been launched to empower street vendors by providing them with loans. Under this scheme, the ministry ..
Month: Current Affairs - November, 2020
PM SVANidhi Scheme: UP secures the top rank
On 26 October, 2020, the Government of India announced that Uttar Pradesh secured the top rank PM SVANidhi Scheme. The state has approved the highest number of loans so far. Highlights Uttar Pradesh government has secured the top ranking in ..
Month: Current Affairs - October, 2020
PM SVANidhi Scheme: API Integration with SBI Portal
On October 7, 2020 Government of India launched the API (Application Programming Integration) between State Bank of India portal and PM SVANidhi Portal. Highlights In simple terms, action programming interface is the connection between two or more applications that allows ..
Month: Current Affairs - October, 2020
PM Svanidhi Scheme: MoHUA unites with Swiggy taking Street Food Vendors online
On October 5, 2020, Ministry of Housing and Urban Affairs signed Memorandum of Understanding with Swiggy to take street food vendors online. This was achieved under PM Svanidhi Scheme. Highlights The programme was launched in five cities such as Chennai, ..
Month: Current Affairs - October, 2020
Highlights: Loans sanctioned under PM SVANIDHI scheme crosses 1 lakh
The micro-credit scheme of the government, PM Street Vendor’s Atmanirbhar Nidhi (PM SVANIDHI) to support the street vendors to meet their working capital requirements to tide over financial woes during the pandemic, has become quite popular in the country. Details ..
Month: Current Affairs - August, 2020
PM SVANidhi App Launched to Provide Credit to Street-Vendors
The Secretary, Union Ministry of Housing and Urban Affairs, Durga Shankar Mishra, has launched the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) mobile application in New Delhi. Under the scheme, the street vendors are going to be provided with credit ..
Month: Current Affairs - July, 2020