920" src="https://images.indianexpress.com/2023/06/delhi-sreet-vendors.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="In three years, govt disbursed 46 lakh loans to street vendors" decoding="async" />Over 46.54 lakh small working capital loans have been disbursed to street vendors under the Pradhan Mantri Street Vendors Atmanirbhar Nidhi (PM-SVANidhi) in three years since its launch on June 1, 2020. Most of the loans disbursed and repaid so far are first term loans – 36,26,653 disbursed and 17,67,241 repaid. A total of 9,68,209 second term loans and 59,440 third term loans have also been disbursed so far. While no third term loans have been repaid yet, 83,746 second term loans have been repaid. “Street vendors are an integral part of the society and play an important role in the economy.

Source: Indian Express June 01, 2023 19:05 UTC