57.83 lakh street vendors have benefitted from the PM SVANidhi scheme
The Hindu
PM SVANidhi scheme has provided loans to 57.83 lakh street vendors, including 25.78 lakh women, worth $10,058 crores. National Street Food Festival 2023 launched to promote Zero Waste Street Food.
A total of 57.83 lakh street vendors have benefitted from the PM SVANidhi scheme which was launched during the COVID-19 pandemic for providing affordable loans to hawkers.
While 80.77 lakh loans have been sanctioned under the scheme, 76.22 lakh loans worth $10,058 crores have been disbursed, Union Minister for Housing and Urban Affairs Hardeep Singh Puri said on Friday.
Around 45% (25.78 lakh) women street vendors have received loans and 72% of the beneficiaries are from marginalised sections, he said while inaugurating the National Street Food Festival 2023 in the capital.
PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) is a special micro-credit facility launched by Ministry of Housing and Urban Affairs, for providing affordable loans to street vendors. Facilitates collateral free working capital loans of upto $10,000 for a one year tenure.
Mr. Puri said that the scheme, apart from disbursing substantial loans, has facilitated digital transactions, and even opened doors to food delivery platforms. “This has not only provided financial assistance but has also expanded the market reach for our street vendors,” he said.
This street food festival is being organised by the National Association of Street Vendors of India (NASVI) and is the first ‘Zero Waste Street Food Festival’ in India having conceptualised in alignment with India’s Swachhata movement.
The Union Minister also appreciated NASVI for providing training to 1,50,000 street vendors in food safety and hygiene and noted the establishment of two Regional Street Food Vendors Training Institutes (SVTI) which will be launched by NASVI in 2024 in Delhi and Patna.
Former CPI Maoist leader Swarnakka surrenders, citing disillusionment with Maoist ideologies, aiming to lead a peaceful life with family.
Odisha Governor designate credits Atal Bihari Vajpayee for Kargil war success, golden quadrilateral, tribal ministry, and more.
Four years after the Union government launched the Svamitva scheme to digitise property records in rural areas, Prime Minister Narendra Modi will distribute 58 lakh property cards providing ‘Record of Rights’ to owners in over 50,000 villages across 12 States on Friday at a virtual event
M. Suhaib, Additional District Judge, Kozhikode, suspended for alleged misconduct towards female court employee in official chamber.
Foundation laid for new auditorium at Sivakasi Government Arts and Science College with financial support from local businesses.
Telangana to introduce new clean energy policy to meet rising energy demands sustainably, aiming for 20,000 MW renewable capacity by 2030.
The girl, who was admitted to Aster CMI Hospital with alarming breathlessness and significant pallor, was diagnosed with Wegener’s Granulomatosis (now known as Granulomatosis with Polyangiitis or GPA), a rare autoimmune condition that causes spontaneous bleeding in the lungs, leading to acute respiratory failure.
Puzhal prison officials investigate fire accident that destroyed old files and cardboard boxes, possibly caused by prisoners.
ACB files case against IPS officer N. Sanjay in Andhra Pradesh. The official is accused of manipulating the tender processes for awarding contract for development and maintenance of AGNI-NOC portal, and conducting awareness meetings for SC/STs. It is alleged that the total value of properties stolen, or involved in the case is estimated at ₹1,75,86,600.
The holiday season spanning from Christmas to New Year has seen a surge in tourists visiting Mysuru with the hospitality sector announcing 100 per cent occupancy for the entire duration.
BJP leader and former MP, Prathap Simha, has backed the Mysuru City Corporation’s (MCC) proposal to name a stretch of KRS road in the city after Chief Minister Siddaramaiah.