Phenomenal Impact of PM SVANidhi Scheme on Street Vendors

Recently, the State Bank of India (SBI) released a research work titled PM SVANidhi: Strengthening Country’s Social Fabric through empowering grassroot market mavericks which analysed the transformative impact of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi).

Major Findings

Ensured Inclusive Entrepreneurship

  • PM SVANidhi has seamlessly connected marginalized urban micro-entrepreneurs, breaking down community barriers along the way.
  • Almost 75% loan beneficiaries come from non-general category, a testament of the innate power of well-intended policy schemes to seed transformative changes.
  • OBCs account for 44% of total disbursement, while SCs/STs account for 22%.
  • 43% of the total beneficiaries are women.
  • Female share indicates empowerment of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy December 2023 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

India Watch