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UP Tops the List In Implementing the PM SVAnidhi Scheme

  • UP CM Yogi Adityanath has expressed satisfaction after the state secured the first rank in implementing the PM Atmnirbhar Nidhi Scheme (Svanidhi Scheme).
  • The scheme was launched on June 1 by the centre to help the street vendors resume their livelihood activities that were impacted by the COVID 19 pandemic.
  • According to official statistics of UP, loans under Svanidhi scheme would be disbursed to 2.51 beneficiaries by October 27, 2020.
  • The scheme aims at facilitating working capital loan up to Rs. 10,000 at a subsidized rate of interest. 
  • The scheme aims at providing benefits to street vendors or hawkers in urban, semi-urban, and rural areas.

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