Expansion of PM SVANidhi Scheme for Street Vendors
The PM SVANidhi Scheme has been restructured to extend its coverage beyond statutory urban areas to include census towns and peri-urban regions. A series of impact studies reveals significant benefits for street vendors, including increased business income, improved access to formal credit, and enhanced living conditions. The Ministry of Housing & Urban Affairs has implemented awareness campaigns and initiatives to ensure wider inclusion of eligible vendors, while introducing new features for digital payments and vending hubs.
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