The PM SVANidhi Mega Camp, an event dedicated to supporting street vendors, took place recently. Housing Minister Hardeep Singh Puri addressed the camp, which saw the distribution of loans to 10,000 street vendors. The primary focus of the event was to showcase the success of the PM SVANidhi scheme, a government initiative aimed at assisting street vendors, especially during challenging times like the pandemic.
During the camp, Minister Puri highlighted the significant impact of the scheme, which not only provides financial support but also restores respect and dignity to street vendors. The success story was shared in the context of Delhi, where, as of February 14, 2024, 3.05 lakh loan applications were received. Out of these, 2.2 lakh applications were approved, and loans worth Rs. 221 crores were disbursed to 1.9 lakh street vendors. The Mega Camp’s distribution of 10,000 additional loans marked a milestone, pushing the total loans given in Delhi beyond 2 lakhs. The event aimed to celebrate the positive outcomes of the PM SVANidhi scheme in uplifting street vendors across the country.
