-ThePrint.in A total of 32.26 lakh loans were disbursed under the PM SVANidhi scheme between June 2020 & May 2022, according to data revealed by the Union Ministry of Housing and Urban Affairs. New Delhi: Only 0.01 per cent street vendors belonging to minority communities have benefitted from the Centre’s PM SVANidhi scheme between June 2020 and May 2022, an Right To Information (RTI) query has revealed. A total of 32.26 lakh loans...

-The Indian Express Launched in June to help vendors amid the pandemic, the PM SVANidhi scheme is a micro-credit facility that provides street vendors a collateral-free loan of Rs 10,000 at concessional rates of an estimated 7.25%. After being nudged by municipalities to step up loan disbursements under the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) programme, banks are writing back to report that many of these collateral-free loans are turning into...