What happened (reported progress as of 12 July 2026)
The Government reported ongoing implementation progress of PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), a street-vendor working-capital loan scheme launched on 01 June 2020.
As of 12 July 2026, 76.95 lakh street vendors have availed 1.15 crore loans amounting to ₹18,475.06 crore.
PM SVANidhi loan structure (working capital term loans) is delivered in three tranches with repayment timelines linked to the tranche size:
• Tranche 1: up to ₹15,000, to be repaid in 12 months through monthly instalments.
• Tranche 2: up to ₹25,000, to be repaid in 18 months through monthly instalments.
Related current affairs
- PM SVANidhi scheme impacts: credit access, digital payments and socio-economic linkages
- Implementation updates and impact findings of the PM SVANidhi scheme
- India Post Payments Bank marks 9th Foundation Day; launches DakPay Sound Box for merchants and new digital platforms (Digital Insurance Technology Platform, Digital Mutual Fund Platform)
- Union Minister Annpurna Devi hails 12 years of Pradhan Mantri Jan-Dhan Yojana
- Prime Minister highlights transformative impact of Jan Dhan Yojana
- DFS concludes two-day workshop on enhancing accessibility of financial services for Divyangjans