Financial Express
- Jul 4

3 years of PM SVANidhi: Among fastest growing micro credit schemes by govt, says Hardeep S Puri

Credit and finance for MSMEs: The scheme for street vendors to get working capital loans — Prime Minster Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), which completed three years on Thursday, is one of the fastest growing micro credit schemes by the government, said Hardeep S. Puri, Minister for Housing and Urban Affairs and Petroleum and Natural Gas. At an event to commemorate the three-year milestone, Puri said the scheme “has led an unparalleled wave of financial inclusion and digital literacy in India’s cities and towns that has provided dignity and stability to street vendors.”