India: PM SVANidhi Scheme Extends Financial Inclusion for India’s Street Vendors
opengovasia.com (31.05.2026) India’s PM SVANidhi scheme is strengthening financial inclusion for street vendors by providing affordable working capital loans, digital payment incentives and links to social welfare programmes. Introduced during the COVID-19 pandemic, the initiative supports vendors whose livelihoods depend on small daily transactions and who often lack access to formal credit. According to information released by the Government of India, the programme has already supported millions of vendors nationwide and will now continue lending until March 2030.
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