Empowering India's Street Vendors: The Success of PM SVANidhi

PM SVANidhi, launched in 2020, has become a cornerstone for economic empowerment among street vendors in India's informal urban economy. Offering over 1.12 crore loans worth ₹17,800 crore, the initiative provides collateral-free loans while advancing digital literacy and financial inclusion. By 2026, PM SVANidhi achieved significant success, extending support to marginalized communities and women, and expanding its reach to more than 75 lakh beneficiaries. The program also facilitated digital transactions exceeding ₹8.96 lakh crore, demonstrating substantial economic improvement and social inclusion.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link