Street vendors to get collateral-free loans of ₹50,000; learn about the subsidy and application process..
PM SVANidhi Yojana: The Central Government's PM SVANidhi scheme is a highly effective micro-credit initiative aimed at financially empowering street vendors—including those with roadside stalls, pushcarts, and small-scale sellers—and helping them expand their businesses.
Under this scheme, beneficiaries are provided with low-interest loans that require no collateral (assets or guarantees) to start or resume their businesses.
**Loan Amount Increases Upon Repayment**
Next Story