India’s urban informal sector employs over 80% of the urban workforce, driving 45% of the national GDP. Formalising this workforce through robust social security, the e-Shram portal, and digital inclusion remains essential for sustainable, equitable, and inclusive economic growth.
Click to View MoreThe PM SVANidhi scheme empowers street vendors by providing collateral-free working capital loans, interest subsidies, and digital cashback incentives. Recently extended to 2030, it fosters financial inclusion, digital adoption, and socio-economic welfare through the SVANidhi se Samriddhi initiative.
Click to View MorePM SVANidhi scheme, launched in 2020, offers collateral-free working capital loans to street vendors to restart and expand their businesses. Recently extended until March 31, 2030, with enhanced loan amounts and new features like UPI-linked RuPay Credit Cards, the scheme significantly improves vendors' socio-economic status and promotes self-reliance.
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