The PM SVANidhi Loan is a government initiative designed to provide financial support to street vendors, ensuring they have the resources to grow their businesses. This scheme, officially known as the
PM Street Vendor's AtmaNirbhar Nidhi, offers affordable loans to street vendors, allowing them to invest in their ventures and secure a brighter future. By participating in the PM SVANidhi Yojana, street vendors can access loans up to ₹10,000, with low-interest rates and flexible repayment options. This financial boost is crucial for vendors to expand their businesses, improve their livelihoods, and contribute to the economy.