Lok Sabha Question No. 2842 (UNSTARRED), answered on 2024-12-12
Subject: Beneficiary Hawkers under PM-SVANidhi
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Shri Satpal Brahamchari

## GOVERNMENT OF INDIA MINISTRY OF HOUSING AND URBAN AFFAIRS

## LOK SABHA

## UNSTARRED QUESTION NO. 2842 TO BE ANSWERED ON DECEMBER 12, 2024

## BENEFICIARY HAWKERS UNDER PM-SVANIDHI

NO. 2842.   SHRI SATPAL BRAHAMCHARI:

Will the Minister of Housing and Urban Affairs be pleased to state:

- (a) the details of the hawkers benefited under the Pradhan Mantri SVANidhi scheme in Sonipat Lok Sabha Constituency of Haryana;
- (b) the  total  amount  of  loans  disbursed  under  the  said  scheme  since  its inception;
- (c) the details of rate of repayment and default rate of loans provided under the said scheme and if so, the details thereof;
- (d) the  impact  on  the  socio-economic  condition  of  the  hawkers  under  the scheme; and
- (e) whether any study or survey has been conducted to assess its impacts and if so, the details thereof?

## ANSWER THE MINISTER OF STATE IN THE MINISTRY OF HOUSING AND URBAN AFFAIRS

## (SHRI TOKHAN SAHU)

(a) As on 04.12.2024, total 17,080 street vendor beneficiaries have been benefitted in Sonipat Lok Sabha Constituency under Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) Scheme. Details of beneficiaries benefitted  in  Sonipat  Lok  Sabha  Constituency  under  the  Scheme  is  at Annexure.

- (b) & (c) As of 04.12.2024, a total of 94.04 lakh loans have been disbursed amounting to ₹ 13,364 crore under the PM SVANidhi scheme since inception. Out of 94.04 lakh loans, 40.17 lakh loans have been repaid.
- (d) & (e) A study was conducted by Indian School of Business (ISB) and State Bank of India (SBI) to assess the impact of the scheme. Key findings of the studies are given as under:
- i.Improved access to collateral-free working capital loans.
- ii.Increased adoption of digital payments by street vendors.
- iii.Reduced  financial  burden  on  street  vendors  and  encouraging  timely repayment of loans amongst them through 7% interest subsidy on loans.
- iv.Building  of  a  social  security  net  providing  benefits  of  financial  inclusion, pension, food security,  maternal health and  well being  for  scheme beneficiaries through 'SVANidhi se Samriddhi' component of the scheme.

In addition, the studies have found that PM SVANidhi was the first loan from a bank for 95% of the beneficiaries and the loan was utilized for expanding their  business,  working  capital  needs  and  investment  of  the  first  loan  of ₹10,000 generated an increased monthly return of 20% on an average for the street vendors.

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ANNEXURE  REFERRED  TO  IN  REPLY  TO  POINT  (A)  OF  LOK  SABHA UNSTARRED QUESTION NO. 2842 TO BE ANSWERED ON DECEMBER 12, 2024

STATEMENT  SHOWING  DETAILS  OF  STREET  VENDOR  BENEFICIARIES BENEFITTED IN SONIPAT LOK SABHA CONSTITUENCY UNDER PM SVANIDHI SCHEME

(As on 04.12.2024)

| Constituency Name   | ULB Name                      | No. of Beneficiaries   |
|---------------------|-------------------------------|------------------------|
| Sonipat             | Ganaur Municipality           | 1,150                  |
| Sonipat             | Gohana Notified Area Council  | 2,533                  |
| Sonipat             | Jind Notified Area Council    | 4,281                  |
| Sonipat             | Julana Municipality           | 383                    |
| Sonipat             | Kharkhoda Municipality        | 931                    |
| Sonipat             | Kundli Municipality           | 1,068                  |
| Sonipat             | Safidon Municipality          | 913                    |
| Sonipat             | Sonipat Municipal Corporation | 5,821                  |
| Sonipat             | Total                         | 17,080                 |

Data Source: PM SVANidhi Portal