Lok Sabha Question No. 1614 (UNSTARRED), answered on 2024-08-01
Subject: PM SVANidhi in Maharashtra
Ministry: HOUSING AND URBAN AFFAIRS
Asked by: Dr. Amol Ramsing Kolhe, Shri Mohite Patil Dhairyasheel Rajsinh, Dr. Hemant Vishnu Savara, Smt. Supriya Sule, Shri Aashtikar Patil Nagesh Bapurao, Shri Sanjay Dina Patil, Prof. Varsha Eknath Gaikwad, Shri Amar Sharadrao Kale, Shri Bajrang Manohar Sonwane, Shri Nilesh Dnyandev Lanke, Shri Bhaskar Murlidhar Bhagare

## MINISTRY OF HOUSING AND URBAN AFFAIRS

## GOVERNMENT OF INDIA LOK SABHA

UNSTARRED QUESTION NO.1614

TO BE ANSWERED ON AUGUST 01, 2024

## PMSVANIDHI IN MAHARASHTRA

NO. 1614. DR. HEMANT VISHNU SAVARA:

SHRI BHASKAR MURLIDHAR BHAGARE:

SHRI AASHTIKAR PATIL NAGESH BAPURAO:

SHRI AMAR SHARADRAO KALE:

PROF. VARSHA EKNATH GAIKWAD:

SHRI NILESH DNYANDEV LANKE:

SMT. SUPRIYA SULE:

SHRI MOHITE PATIL DHAIRYASHEEL RAJSINH:

DR. AMOL RAMSING KOLHE:

SHRI BAJRANG MANOHAR SONWANE:

SHRI SANJAY DINA PATIL:

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

- (a)  whether  the  Government  is  implementing  Pradhan  Mantri  Street Vendors Atma Nirbhar Nidhi (PM SVANidhi) scheme in Maharashtra;
- (b) if so, the number of women street vendors who have benefited out of the scheme in Maharashtra;
- (c) the total number of beneficiaries registered in Maharashtra under PM SVANidhi scheme particularly in Palghar district during the last three years, year-wise;
- (d) the rate of interest at which these beneficiaries are getting loan and share of percentage of the subsidy to be borne by the Government and the beneficiaries;
- (e)  the  share  of  private  sector  banks  in  PM  SVANidhi  scheme  since  its inception;
- (f) whether the Government has taken steps to encourage participation of private  banks  and  enhance  their  share  in  the  total  sanctions  and disbursements in the scheme and if so, the details thereof; and
- (g) the other steps taken by the Government to increase the e-commerce among the street vendors?

## ANSWER

## MINISTRY HOUSING AND URBAN AFFAIRS

## THE MINISTER OF STATE IN THE (SHRI TOKHAN SAHU)

- (a):Yes,  the  Pradhan  Mantri  Street  Vendors  Atma  Nirbhar  Nidhi (PM  SVANidhi)  scheme  is  being  implemented  in  the  whole country including the state of Maharashtra.
- (b):  As  on  date,  a  total  of  3.60  lakhs  women  beneficiaries  arein Maharashtra under the scheme.
- (c):  The number of beneficiaries registered under PM SVANidhi in the State of Maharashtra and Palghar district are as under:
- (d):  Under  PM  SVANidhi scheme, the rate of interest charged by the Lending Institutions, is as per the extant RBI guidelines. An interest subsidy of 7% is paid by the Union Government on a quarterly basis on timely repayment/ prepayment of Equated Monthly Installments (EMIs).
- (e)&(f):Under  the  PM  SVANidhi  scheme  in  Maharashtra,  private sector banks have disbursed about 1 % of the total loans. As of July 24, 2024, private sector banks have sanctioned 18,046 loans  and  disbursed10,384  loans  in  Maharashtra  under  the scheme.  Ministry  of  Housing  and  Urban  Affairs  (MoHUA)  & Department  of  Financial  Services  (DFS)  regularly  conduct joint  as  well  as  separate  review  meetings  with  the  Lending Institutions  including  private  sector  banks,  to  improve  their performance under the Scheme.
- (g):  For  onboarding  of  street  vendors  on  e-commerce  platforms, this Ministry signed an MoU  with  Swiggy  and  Zomato. Approximately 9,400 street food vendors have been onboarded on these e-commerce platforms.

| Financial   | No. of Beneficiaries in   | No. of Beneficiaries in   |
|-------------|---------------------------|---------------------------|
| Year        | Maharashtra               | Palghar                   |
| 2021-22     | 48,669                    | 807                       |
| 2022-23     | 1,49,490                  | 5,197                     |
| 2023-24     | 4,39,841                  | 13,221                    |

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