Phenomenal Impact of PM SVANidhi Scheme on Street Vendors: An Analysis by SBI

October 24th, 03:02 pm

PM SVANidhi Scheme, launched by the Modi government in 2020, is a micro credit scheme, for urban street vendors, which provides collateral-free loans up to Rs 50,000. A recent research work by SBI titled PM SVANidhi: Strengthening Country’s Social Fabric through empowering grassroot market mavericks has analysed the transformative impact of PM SVANidhi. PM SVANidhi has seamlessly connected marginalized urban micro-entrepreneurs, breaking down community barriers along the way.

PMO officials take initiative to train staff for mobile banking and cashless transactions

November 28th, 07:32 pm

Following the Prime Minister Narendra Modi’s call to increase cashless transactions, a unique initiative was undertaken by senior officers of the Prime Minister’s Office today. Officers demonstrated the process of cashless transactions, and helped their staff download the relevant mobile apps on their phones.