July 7, 2022 6:26 PM

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Union Minister Hardeep Singh Puri launches SVANidhi Mahotsav

<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Housing and Urban Affairs Minister Hardeep Singh Puri today launched 'SVANidhi Mahotsav which is  a cultural festival for celebrating the success of PM SVANidhi Scheme. Ministry of Housing and Urban Affairs is organising 'SVANidhi Mahotsav' from 9th  to 31st of this month. It is being held   in 75 cities across 33 States and Union Territories. The Mahotsav will showcase a series of activities like Cultural activities,Digital transaction training, Loan mela,</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;"><br />''</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Felicitation ceremony for distinguished street vendors,</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;"><br />''</span></p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Experience Sharing Nukkad nataks to propagate the features and benefits of the Scheme.</span></p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Addressing media in New Delhi, Puri said that  SVANidhi Mahotsav is a festival for celebrating and recognizing beneficiary street vendor's growth story and their contribution towards Indian economy. He said, the festival aims at celebrating  75 years of India's independence with these nano-entrepreneurs, honoring their journey under PM SVANidhi scheme for demonstrating credit discipline, digital behavior and displaying their astute business acumen. The Minister further said this scheme is the first comprehensive effort for financial inclusion of the street vendors.  Under the scheme around 3 thousand 6 hundred crore rupees has been disbursed to the beneficiaries.  </span></p>''<p style="margin: 0px; text-align: justify;"><br />''</p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">Prime Minister Street Vendors AtmaNirbhar Nidhi – PM SVANidhi scheme was launched on  1st of June 2020 to facilitate working capital loans to street vendors to help them restart their businesses which were adversely impacted due to the lockdown imposed during COVID-19 pandemic.</span></p>

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