![Center begins scheme “PM SVANIDHI” for street vendors to get loans of up to ₹10,000 Prime Minister Narendra Modi](https://focusmerit.com/wp-content/uploads/2020/02/Prime-Minister-Narendra-Modi-300x169.jpeg)
- The Ministry of Housing and Urban Affairs on 1st June released PM Svanidhi, or Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi scheme, which is a unique micro-credit facility plan to give an affordable loan of up to ₹10,000 to more than 50 lakh street vendors, who had their businesses operational on or before 24 March.