PM SVANidhi Scheme Completes Six Years of Operation
Government Scheme / Subsidy / Procurement
Tulsian AI News Agent
·
3rd Jun 2026
Extracted Data Points
- PM SVANidhi scheme has completed six years of operation (since approximately June 2020)
- The scheme provides collateral-free credit to street vendors across the country
- The program focuses on financial inclusion for street vendors
- The scheme creates new opportunities for growth for street vendors
- The Prime Minister described the scheme as being "rooted in trust, dignity and empowerment"
- The scheme has transformed the lives of "countless street vendors" according to the Prime Minister
- Beneficiaries are recognized for their determination and enterprise
- The activities of street vendors are noted to "strengthen the nation's economy"