Lok Sabha Question No. 857 (UNSTARRED), answered on 2020-09-17
Subject: PM SVANidhi Scheme
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: DNV Senthilkumar. S., Subhash Ramrao Bhamre, Supriya Sadanand Sule, Manickam Tagore B, Amol Ramsing Kolhe, Kuldeep Rai Sharma

## GOVERNMENT OF INDIA

## MINISTRY OF HOUSING AND URBAN AFFAIRS LOK SABHA

## UNSTARRED QUESTION NO. 857

TO BE ANSWERED ON SEPTEMBER 17, 2020

## PM SVANIDHI SCHEME

NO. 857. DR. DNV SENTHILKUMAR S.:

DR. SUBHASH RAMRAO BHAMRE:

SHRIMATISUPRIYA SULE:

SHRI MANICKAM TAGORE B.:

DR. AMOL RAMSING KOLHE:

SHRI KULDEEP RAI SHARMA:

Will  the  Minister  of  HOUSING  AND  URBAN  AFFAIRS  be  pleased  to state:-

- a) whether the Government has launched Pradhan MantriAtmaNirbhar Nidhi (PM  SVANidhi) Scheme recently, if so, the details and its aims and objectives thereof;
- b) whether the Government has signed any Memorandum  of Understanding with financial institutions to implement the scheme and if so, the details thereof;
3. the  details  of  the  criteria  fixed  by  the  Government  for  availing benefits of this scheme along with the number of street vendors who  have  applied  and  sanctioned  amount  under  the  scheme,
- c) State-wise;
- d) the  other  steps  taken/being  taken  by  the  Government  to  help vendors  to  kick-start  activity  who  have  been  left  without  any income due to the impact of Covid-19 and lockdown?

THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE

## ANSWER MINISTRY OF HOUSING AND URBAN AFFAIRS

(SHRI HARDEEP SINGH PURI)

- (a):  Ministry  of  Housing  and  Urban  Affairs  has,  on June  01,  2020, launched Prime Minister Street Vendor's AmtaNirbhar Nidhi

Scheme  (PM  SVANidhi).  It  aims  at  facilitating  collateral  free working capital loans upto Rs 10,000 of 1 year tenure, to about 50 lakh  street  vendors  across  the  country.  It  also  provides  for incentives  in  the  form  of  interest  subsidy  @  7%  per  annum  on regular repayment of loan and cash-back upto Rs. 100 per month on undertaking prescribed digital transactions. Further, on timely or early repayment, the vendors will be eligible for the next cycle of working capital loan with an enhanced limit. For the purpose of scheme  administration,  an  end-to-end  solution  through  an  IT Small Industries Development Bank of India (SIDBI). The loan processing

- platform has been developed in collaboration with under the Scheme has commenced on July 02, 2020.
- (b):  A Memorandum of Understanding with SIDBI, the Implementation Agencyhas  been  signed  on  June  19,  2020.  A  graded  guarantee cover  has  been  provided,  on  portfolio  basis, to the  lending institutions  through  Credit  Guarantee  Fund  Trust  for  Micro  and Small Enterprises  (CGTMSE)  to encourage  lending to street vendors.
- (c):  The PM SVANidhi scheme is available for beneficiaries belonging to  States  /  Union  Territories  which  have  notified  Rules  and Scheme  under  the  Street  Vendors  (Protection  of  Livelihood  and Regulation  of  Street  Vending)  Act,  2014.  Meghalayahas  its  own State  Street  Vendors  Act  and  is  eligible  to  participate  in  the Scheme.  Further,  the  Street  Vendors  Act,  2014  is  yet  to  be extended to UTs of Jammu & Kashmir and Ladakh. However, as a special  case,  the  street  vendors  from  these  two  UTs  have  been allowed to avail the benefits. The vendors who have been vending on  or  before  March  24,2020  in  urban  areas,including  those  from the surrounding development/ peri-urban/ rural areas, are eligible.A statement  giving  state-wise  details  of  applications  received  and
- amount sanctioned is at Annexure.
- (d):  The  other  steps  taken  include  launching  of  a  dedicated  mobile App  for  lending  institutions  and  Urban  Local  Body  officials,  a digital  module  for  Letter  of  Recommendation  and  integration  of Common Service Centers with the application process.The Scheme  targets  to  help  build  the  credit  profile  of  the  street vendors  through  onboarding  on  digital  payment  platforms  for integrating them into the formal urban economy.

*****

## ANNEXURE REFERRED TO IN REPLY TO LOK SABHA UNSTARRED QUESTION NO.857 TO BE ANSWERED ON 17 SEPTEMBER, 2020.

| STATE-WISE DETAILS OF APPLICATIONS RECEIVED AND LOAN SANCTIONED UNDER PM SVANidhi SCHEME AS ON 15-09-2020   | STATE-WISE DETAILS OF APPLICATIONS RECEIVED AND LOAN SANCTIONED UNDER PM SVANidhi SCHEME AS ON 15-09-2020   | STATE-WISE DETAILS OF APPLICATIONS RECEIVED AND LOAN SANCTIONED UNDER PM SVANidhi SCHEME AS ON 15-09-2020   | STATE-WISE DETAILS OF APPLICATIONS RECEIVED AND LOAN SANCTIONED UNDER PM SVANidhi SCHEME AS ON 15-09-2020   | STATE-WISE DETAILS OF APPLICATIONS RECEIVED AND LOAN SANCTIONED UNDER PM SVANidhi SCHEME AS ON 15-09-2020   |
|-------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------|
|                                                                                                             | State/UT                                                                                                    | No. Of applications received                                                                                | No. Of Loans sanctioned                                                                                     | Sanctioned amount (Rupees in crore)                                                                         |
| 1                                                                                                           | Andaman & Nicobar Islands                                                                                   | 128                                                                                                         | 83                                                                                                          | 0.083                                                                                                       |
| 2                                                                                                           | Andhra Pradesh                                                                                              | 63,927                                                                                                      | 17,661                                                                                                      | 17.622                                                                                                      |
| 3                                                                                                           | Arunachal Pradesh                                                                                           | 731                                                                                                         | 324                                                                                                         | 0.323                                                                                                       |
| 4                                                                                                           | Assam                                                                                                       | 2,868                                                                                                       | 216                                                                                                         | 0.216                                                                                                       |
| 5                                                                                                           | Bihar                                                                                                       | 23,921                                                                                                      | 4,732                                                                                                       | 4.296                                                                                                       |
| 6                                                                                                           | Chandigarh                                                                                                  | 512                                                                                                         | 266                                                                                                         | 0.266                                                                                                       |
| 7                                                                                                           | Chattisgarh                                                                                                 | 8,363                                                                                                       | 2,067                                                                                                       | 2.058                                                                                                       |
| 8                                                                                                           | D&NH and DD                                                                                                 | 775                                                                                                         | 262                                                                                                         | 0.261                                                                                                       |
| 9                                                                                                           | Delhi                                                                                                       | 7,949                                                                                                       | 1,008                                                                                                       | 1.000                                                                                                       |
| 10                                                                                                          | Goa                                                                                                         | 323                                                                                                         | 155                                                                                                         | 0.155                                                                                                       |
| 11                                                                                                          | Gujarat                                                                                                     | 95,849                                                                                                      | 39,411                                                                                                      | 39.240                                                                                                      |
| 12                                                                                                          | Haryana                                                                                                     | 16,767                                                                                                      | 4,822                                                                                                       | 4.784                                                                                                       |
| 13                                                                                                          | Himachal Pradesh                                                                                            | 1,027                                                                                                       | 536                                                                                                         | 0.535                                                                                                       |
| 14                                                                                                          | Jammu & Kashmir                                                                                             | 574                                                                                                         | 56                                                                                                          | 0.056                                                                                                       |
| 15                                                                                                          | Jharkhand                                                                                                   | 15,934                                                                                                      | 7,217                                                                                                       | 7.149                                                                                                       |
| 16                                                                                                          | Karnataka                                                                                                   | 38,488                                                                                                      | 10,097                                                                                                      | 10.032                                                                                                      |
| 17                                                                                                          | Kerala                                                                                                      | 7,766                                                                                                       | 3,820                                                                                                       | 3.811                                                                                                       |
| 18                                                                                                          | Ladakh                                                                                                      | 4                                                                                                           | 0                                                                                                           | 0.000                                                                                                       |
| 19                                                                                                          | Madhya Pradesh                                                                                              | 272,154                                                                                                     | 162,261                                                                                                     | 161.632                                                                                                     |
| 20                                                                                                          | Maharashtra                                                                                                 | 87,976                                                                                                      | 15,773                                                                                                      | 15.730                                                                                                      |
| 21                                                                                                          | Manipur                                                                                                     | 2,740                                                                                                       | 526                                                                                                         | 0.524                                                                                                       |
| 22                                                                                                          | Meghalaya                                                                                                   | 25                                                                                                          | 1                                                                                                           | 0.001                                                                                                       |
| 23                                                                                                          | Mizoram                                                                                                     | 353                                                                                                         | 179                                                                                                         | 0.179                                                                                                       |
| 24                                                                                                          | Nagaland                                                                                                    | 39                                                                                                          | 4                                                                                                           | 0.004                                                                                                       |
| 25                                                                                                          | Odisha                                                                                                      | 21,532                                                                                                      | 5,051                                                                                                       | 5.032                                                                                                       |
| 26                                                                                                          | Puducherry                                                                                                  | 975                                                                                                         | 80                                                                                                          | 0.079                                                                                                       |
| 27                                                                                                          | Punjab                                                                                                      | 5,243                                                                                                       | 1,361                                                                                                       | 1.217                                                                                                       |
| 28                                                                                                          | Rajasthan                                                                                                   | 28,983                                                                                                      | 7,043                                                                                                       | 7.015                                                                                                       |
| 29                                                                                                          | Sikkim                                                                                                      | 3                                                                                                           | 0                                                                                                           | 0.000                                                                                                       |
| 30                                                                                                          | Tamil Nadu                                                                                                  | 36,767                                                                                                      | 11,905                                                                                                      | 11.811                                                                                                      |
| 31                                                                                                          | Telangana                                                                                                   | 219,744                                                                                                     | 75,783                                                                                                      | 75.575                                                                                                      |
| 32                                                                                                          | Tripura                                                                                                     | 1,357                                                                                                       | 130                                                                                                         | 0.130                                                                                                       |
| 33                                                                                                          | Uttar Pradesh                                                                                               | 228,260                                                                                                     | 44,557                                                                                                      | 44.195                                                                                                      |
| 34                                                                                                          | Uttarakhand                                                                                                 | 2,958                                                                                                       | 860                                                                                                         | 0.855                                                                                                       |
| 35                                                                                                          | West Bengal                                                                                                 | 1,404                                                                                                       | 180                                                                                                         | 0.179                                                                                                       |
|                                                                                                             | TOTAL                                                                                                       | 1,196,419                                                                                                   | 418,427                                                                                                     | 416.044                                                                                                     |