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The Hindu
The Hindu
National
PTI

60% of funds allocated to PM SVANidhi utilised by March 31: RTI reveals

ANI RTI the ministry of housing and urban affairs MoHUA

Over 60% of the funds (₹2,096.49 crore) allocated to the PM SVANidhi scheme has been utilised as of March 31, revealed the Ministry of Housing and Urban Affairs in response to an RTI query.

Prime Minister Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi), which was launched in June 2020, has extended more than 84.51 lakh loans till April 23, as per the real-time data on SVANidhi website. Out of which, over 30.11 lakh loans have been repaid so far.

The fruits and vegetable sector has the highest uptake of loans under the scheme, revealed the RTI reply.

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