Explained: How scheme for street vendors will help alleviate poverty

Submitted by socpro on
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In a new scheme called the Pradhan Mantri Street Vendors Atmanirbhar Nidhi (PM SVANidhi), the central government is extending Rs 10,000 loan as working capital to street vendors to restart their businesses which have been hit by the Covid-19 pandemic. The scheme is already a hit; so far 2.5 million street vendors have come forward seeking the loan.

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