Over 38 Lakh Loans Worth Rs 4,405 Cr Disbursed To Street Vendors Till 8 Dec: Centre

Over 38 lakh loans worth 4405 crore have been disbursed to street vendors across India till 08 December 2022, said Minister of State for Housing and Urban Affairs, Kaushal Kishore in a written reply to a question in Rajya Sabha on Monday.

Kishore said that a street vendor survey has been completed in 3,307 cities and towns, more than 49.93 lakh street vendors identified and more than 28.06 lakh street vendors have been provided ID Cards.  

He said, "2,457 shelters for urban homeless have been sanctioned under Deendayal Antyodaya Yojana National Urban Livelihoods Mission (DAY-NULM) scheme and 1,788 are operational."

The Ministry of Housing and Urban Affairs implemented PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) scheme from 01 June 2020 to facilitate micro-credit to street vendors in urban areas. 

Under this scheme street vendors may avail of a working capital loan of up to Rs 10,000 followed by loans of Rs 20,000 and Rs. 50,000 in the second and third tranches respectively, on repayment of the earlier tranche.