Centre Approves an Outlay of Rs 600 crore for PM Svanidhi Scheme

The Government of India has approved a total outlay of Rs.600.00 crores for the PM SVANidhi scheme.
This was informed by Minister of State (I/C) for Housing and Urban Affairs Shri Hardeep Singh Puri in a written reply in the Rajya Sabha on 21 September 2020.
The Prime Minister Street Vendor’s Amta Nirbhar Nidhi Scheme (PM SVANidhi) was launched by the Ministry of Housing and Urban Affairs has on 01 June 2020 to facilitate collateral free working capital loans upto Rs 10,000 of 1 year tenure, to about 50 lakh street vendors across the country.