A total of Rs 9,790 crore worth of loans have been disbursed so far to beneficiaries of the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme, the government said in the Rajya Sabha on Monday(11-12-2023)

The scheme was launched during the COVID-19 outbreak as a micro-credit scheme for urban street vendors that aims to provide collateral-free working capital loans up to Rs 50,000.

“This scheme is available pan-India in all urban local bodies,” Union Housing and Urban Affairs Minister Hardeep Singh Puri said while replying to a supplementary question.

All street vendors in urban areas are eligible for benefits under the PM SVANidhi Scheme, irrespective of the date on which they started vending.