{"id":90594,"date":"2020-07-18T23:49:42","date_gmt":"2020-07-18T18:19:42","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=16443"},"modified":"2020-07-18T23:49:42","modified_gmt":"2020-07-18T18:19:42","slug":"pm-svanidhi-app-launched-to-help-street-vendors-apply-for-micro-loans","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/pm-svanidhi-app-launched-to-help-street-vendors-apply-for-micro-loans\/","title":{"rendered":"PM SVANidhi app launched to help street vendors apply for micro loans"},"content":{"rendered":"\n<p><strong>News: <\/strong>&nbsp;The Ministry of Housing and Urban Affairs has launched the PM Street Vendor\u2019s AtmaNirbhar Nidhi(PM SVANidhi) App.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Objective: <\/strong>To provide a user-friendly digital interface for lending institutions (LIs) and their field functionaries for sourcing and processing loan applications of street vendors under the PM SVANidhi scheme.<\/li><\/ul>\n\n\n\n<p><strong>Additional Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>PM SVANidhi scheme: <\/strong>It is a Central Sector Scheme to facilitate street vendors to access affordable working capital loan for resuming their livelihoods activities after easing of lockdown.<\/li><li><strong>Features:<\/strong><ul><li>Initial working capital of up to 10,000\/.<\/li><li>Interest subsidy on timely\/ early repayment @ 7%.<\/li><li>Higher loan eligibility on timely repayment of the first loan.<\/li><\/ul><\/li><li><strong>Beneficiaries: <\/strong>Street vendors\/ hawkers vending in urban areas as on or before March 24,2020 including the vendors of surrounding peri-urban and rural areas.<\/li><li><strong>Lending Institutions: <\/strong>Scheduled Commercial Banks, Regional Rural Banks, Small Finance Banks, Cooperative Banks, Non-Banking Financial Companies, Micro-Finance Institutions and SHG Banks.<\/li><li><strong>Tenure: <\/strong>The Scheme shall be implemented up to March, 2022.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: &nbsp;The Ministry of Housing and Urban Affairs has launched the PM Street Vendor\u2019s AtmaNirbhar Nidhi(PM SVANidhi) App. Facts: Objective: To provide a user-friendly digital interface for lending institutions (LIs) and their field functionaries for sourcing and processing loan applications of street vendors under the PM SVANidhi scheme. Additional Facts: PM SVANidhi scheme: It is&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/pm-svanidhi-app-launched-to-help-street-vendors-apply-for-micro-loans\/\">Continue reading <span class=\"screen-reader-text\">PM SVANidhi app launched to help street vendors apply for micro loans<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1731],"tags":[7821],"class_list":["post-90594","post","type-post","status-publish","format-standard","hentry","category-bill-and-acts","tag-pm-svanidhi-app","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704864922},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/90594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=90594"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/90594\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=90594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=90594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=90594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}