Prime Minister Shri Narendra Modi highlighted the completion of six years of the PM SVANidhi scheme, emphasizing its transformative impact on street vendors across India. The scheme has provided collateral-free credit, financial inclusion, and new growth opportunities for countless street vendors, with the Prime Minister describing it as being rooted in trust, dignity, and empowerment.
In a post on X (formerly Twitter), the Prime Minister extended best wishes to all beneficiaries and praised their determination and enterprise, noting that their efforts continue to strengthen the nation's economy. The announcement was made on June 1, 2026, through the Prime Minister's Office and Press Information Bureau, with the release ID 2267404.