Lok Sabha Question No. 4612 (UNSTARRED), answered on 2022-03-31
Subject: Implementation of PM SVANidhi Scheme
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: DNV Senthilkumar. S., Subhash Ramrao Bhamre, Sunil Dattatray Tatkare, Amol Ramsing Kolhe, Supriya Sadanand Sule, Kaushalendra Kumar

## GOVERNMENT OF INDIA AND URBAN AFFAIRS

## MINISTRY OF HOUSING

## LOK SABHA

## UNSTARRED QUESTION NO. 4612 TO BE ANSWERED ON MARCH 31, 2022 IMPLEMENTATION OF PM SVANIDHI SCHEME

NO. 4612. DR\_ SUBHASH RAMRAO BHAMRE: SHRI SUNIL DATTATRAY TATKARE: DR. AMOL RAMSING KOLHE: SHRIMATI SUPRIYA SULE: SHRI KAUSHALENDRA KUMAR :

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

- (a) the salient features Prime Minister Vendors
- AtmaNirbhar Nidhi (PM-SVANidhi) scheme;
- (b) the number of beneficiaries who have been provided assistance by the Government So far under PM-SVANidhi scheme, State-wise including Maharashtra and Bihar and the
- total amount released thereunder;
- c) whether PM SVANidhi scheme has been able to achieve the objectives for which the scheme was launched and if SO, thedetails thereof and if not, thecorrective steps taken in this regard;
- (d) whether the share of private sector banks in the scheme remains very low and if SO, the details thereof and the reasons therefor;
- (e) whether the Government has taken steps to encourage participation of private banks and enhance their share in thetotal sanctions and disbursements under the scheme and if SO, the details thereof;
- whether the Government has signed any Memorandum of Understanding with financial institutions to implement the scheme and if SO, the detailsthereof;
- 9) the number of beneficiaries  registered/benefitted under the said scheme during the last three years and the current year,
- State-wise including Maharashtra and Bihar; and

- (h) the rate of interest on which these beneficiaries are getting Ioan and share of percentage of the subsidy to be borne by the Union Government and the beneficiaries?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HOUSING AND URBAN AFFAIRS (SHRI KAUSHAL KISHORE)

- (a): Ministry of Housing and Urban Affairs (MoHUA) is  implementing Prime Minister Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) Scheme since June 01, 2020 to facilitate provision of collateral free working capital Ioan to street vendors to restart their businesses, which were adversely impacted during the Covid-19 pandemic: The salient features of the Scheme are:
- Facilitate   provision of  collateral free working capital Ioan up to in the second and third tranches respectively, on repayment of earlier loans-
- Incentivize regular repayment, through interest subsidy 7% per annum; and
- Reward  digital transactions, by way up to {1,200
- per year:
- (b)& (g) As on March 24, 2022, the number of beneficiaries under the PM SVANidhi Scheme are 29.1 Iakh and a credit of {3,170 crore has been disbursed: The StatelUT-wise, Year-wise details including for Maharashtra and Bihar are at Annexure-I:
- (c) Yes, SirPM SVANidhi Scheme has achieved its objective facilitating loans to the Street Vendors to restart their business- As on March 24, 2022, 30.5 Iakh loans which include 1st as well as 2nd
- tranche loans, have been disbursed:
- (d) & (e) As on March 24, 2022, Private Sector Banks have disbursed 61,358loans, which account for just 2%out of total of 30.5 Iakh loans disbursed: The private bank-wise performance is at Annexure-II:

Ministry of Housing and Urban Affairs (MoHUA) Department of Financial Services (DFS) regularly conduct review meetings with the Lending Institutions (LIs) including private sector banks, to improve their performance: From FY 2020-21 to FY 2021-22, the percentage share in loans sanctioned by Private Sector Banks has increased from 1.9% to 11.6% while percentage of share in disbursements has increased from 1.7% to 2.5%.

(f) Yes, SirMinistry has signed an MoU with Small Industries Development Bank of India (SIDBI) for implementation of PM SVANidhi Scheme: SIDBI has leveraged the Udyami Mitra Portal and the network of lending Institutions, which include Scheduled Commercial Banks (SCBs), Regional Rural Banks (RRBs), Small Finance Banks(SFBs), Cooperative Banks, Non-Banking Financial Companies (NBFCs) Micro-Finance Institutions (MFIs) for scheme implementation:

(h)The Lending Institutions charge rates of interest as per the extant Reserve Bank of India guidelines-

An interest  subsidy of 7% is on quarterly basis on timely repayment of the loans. paid

******

## ANNEXURE-I REFERRED IN REPLY LOK SABHA UNSTARRED QUESTION NO. 4612 TO BE ANSWERED ON MARCH 31, 2022.

Statement showing State-wise number of beneficiaries and amount disbursed under PM-SVANidhi scheme

## As on March 24, 2022

|                                      | FY 2020-21            | FY 2020-21                    | FY 2021 -22           | FY 2021 -22             | Total                 |                                    |
|--------------------------------------|-----------------------|-------------------------------|-----------------------|-------------------------|-----------------------|------------------------------------|
| Name of the StatelUt                 | No. of Beneficia ries | Credit Disbursed (3 in lakhs) | No. of Beneficia ries | CreditDis bursed lakhs) | No. of Benefici aries | Total CreditDis bursed(? in lakhs) |
| Andaman and Nicobar Islands          | 387                   | 38.7                          | 84                    | 18.4                    | 471                   | 57.1                               |
| Andhra Pradesh                       | 1,12,684              | 11,199.0                      | 69,085                | 8,671.5                 | 1,81,769              | 19,870.5                           |
| Arunachal Pradesh                    | 1,588                 | 158.7                         | 866                   | 108.8                   | 2,454                 | 267.5                              |
| Assam                                | 14,155                | 1411.3                        | 37,084                | 4,039.8                 | 54,239                | 5,451.1                            |
| Bihar                                | 28,857                | 2,848.1                       |                       | 1,892.7                 | 46,613                | 4,740.8                            |
| Chandigarh                           | 2,051                 | 203.9                         | 1,324                 | 157.9                   | 3,375                 | 361.8                              |
| Chhattisgarh                         | 40,290                |                               | 6,104                 | 1,095.7                 | 46,394                | 5,088.1                            |
| Daman & Diu and Dadra & Nagar Haveli | 1,021                 | 101.7                         | 131                   | 14.5                    | 1,152                 | 116.2                              |
| Delhi                                | 31,162                | 3,094.2                       | 9,767                 | 1,046.1                 | 40,929                | 4,140.3                            |
| Goa                                  | 1,017                 | 101.1                         | 206                   | 51.9                    | 1,223                 |                                    |
| Gujarat                              | 1,02,347              | 10,160.0                      | 90,805                | 12,048.0                | 1,93,152              | 22,208.0                           |
| Haryana                              | 16,942                | 1,677.7                       | 8,456                 | 1,199.0                 | 25,398                | 2,876.7                            |
| Himachal Pradesh                     | 2,768                 | 275.9                         | 550                   | 160.0                   | 3,318                 | 435.9                              |
| Jammu and Kashmir                    | 11,505                | 1,148.8                       | 2,397                 | 439.3                   | 13,902                | 1,588.1                            |
| Jharkhand                            | 22,033                | 2,189.8                       | 6,216                 | 870.1                   | 28,249                | 3,059.9                            |
| Karnataka                            | 1,07,966              | 10,759.9                      | 31,085                | 5,065.5                 | 1,39,051              | 15,825.4                           |
| Kerala                               | 8,047                 | 799.4                         | 1,223                 | 468.1                   | 9,270                 | 1,267.5                            |
| Ladakh                               | 247                   | 24.7                          | 14                    | 12.4                    | 261                   | 37.1                               |
| Madhya Pradesh                       | 3,13,879              | 31,205.0                      | 1,51,238              | 23,100.0                | 4,65,117              | 54,305.0                           |
| Maharashtra                          | 1,49,107              | 14,812.4                      | 46,202                | 6,516.6                 | 1,95,309              | 21,329 0                           |
| Manipur                              | 6,094                 | 608.7                         | 2,388                 | 257.0                   | 8,482                 | 865.7                              |

| Meghalaya     | 253       | 25.3     | 323      | 37.5     | 576       | 62.8     |
|---------------|-----------|----------|----------|----------|-----------|----------|
| Mizoram       | 442       | 44.2     | 33       | 20.7     | 475       | 64.9     |
| Nagaland      | 1,202     | 120.2    | 270      | 57.4     | 1,472     | 177.6    |
| Odisha        | 27,475    | 2,715.6  | 6,751    | 905.0    | 34,226    | 3,620.7  |
| Puducherry    |           | 112.9    | 115      | 25.3     | 1,245     | 138.1    |
| Punjab        | 26,664    | 2,642.6  | 12,072   | 4,279.6  | 38,736    |          |
| Rajasthan     | 50,322    | 5,015.5  | 16,444   | 1,667.5  | 66,766    | 6,,683.0 |
| Sikkim        |           |          |          | 0.1      |           | 0_       |
| Tamil Nadu    | 87,701    | 8,718.3  | 72,198   | 7,550.4  | 1,59,899  | 16,268.7 |
| Telangana     | 3,10,032  | 30,658.1 | 33,198   | 10,392.4 | 3,43,230  | 41,050.5 |
| Tripura       | 2,601     | 259.6    | 362      | 64.8     | 2,963     | 324.3    |
| Uttar Pradesh | 5,63,792  | 55,491.7 | 2,11,909 | 22,841.5 | 7,75,701  | 78,333.2 |
| Uttarakhand   | 9,107     | 906.6    | 1,270    | 203.8    | 10,377    | 1,110.4  |
| West Bengal   | 2,378     | 235.6    | 10,769   | 1,062.6  | 13,147    | 1,298.1  |
| Total         | 20,57,246 | 2,03,757 | 8,48,696 | 1,13,342 | 29,05,942 | 3,17,099 |

ANNEXURE-II REFERRED To IN REPLY LOK SABHA UNSTARRED QUESTION NO. 4612 TO BE ANSWERED ON MARCH 31, 2022.

details of number Ioan (including tranche Ioan) sanctioned & disbursed by private sector banks under PM SVANidhi scheme 2nd

(As on March 24, 2022)

|                            | Name of the Private Sector Bank         | No_ of Loans Sanctioned   | No. of Loans Disbursed   |
|----------------------------|-----------------------------------------|---------------------------|--------------------------|
|                            | HDFC Bank                               |                           | 14,988                   |
| 2                          | Jammu & Kashmir Bank Ltd                | 14,576                    | 13,424                   |
| 3                          | IDBI Bank                               | 12,451                    | 10,844                   |
| 4                          | Karnataka Bank Ltd                      | 10,018                    | 9,143                    |
| 5                          | Kotak Mahindra Bank Limited             | 4,401                     | 2,983                    |
| 6                          | ICICI Bank                              | 4,237|               | 2,708                    |
| 7                          | Axis Bank                               |                           | 2,252                    |
| 8                          | Tamilnad Mercantile Bank Ltd            | 1,528                     | 1,204                    |
| 9                          | Federal Bank                            |                           | 1,049                    |
| 10                         | Karur Vysya Bank Ltd                    | 1,159                     | 981                      |
| 11                         | 5251                                    |                           | 476                      |
| 12                         | South Indian Bank The Nainital Bank Ltd |                           | 420                      |
| 13                         | Bandhan Bank Ltd:                       | 3671                      | 307                      |
| 14                         |                                         | 305                       | 275                      |
| 15                         | City Union Bank IndusInd Bank           |                           | 97                       |
| 16                         | IDFC FIRST Bank Ltd:                    | 761                       | 67                       |
| 17                         | RBL Bank Limited                        |                           | 55                       |
| 18                         | Dhanlaxmi Bank Ltd                      | 42                        | 41                       |
| 19                         | CSB BANK LTD                            | 39                        | 25                       |
| 20                         | Yes Bank Ltd:                           | 18                        | 18                       |
| 21                         | Lakshmi Vilas Bank                      | 1                         |                          |
| Total Private Sector Banks | Total Private Sector Banks              | 1,71,883                  | 61,358                   |
| Total Under the Scheme     | Total Under the Scheme                  | 33,50,759                 | 30,51,244                |

******