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Madhya Pradesh Tops in PM SVANidhi Scheme

Madhya Pradesh Tops in PM SVANidhi Scheme
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Madhya Pradesh Tops in PM SVANidhi Scheme

AspectDetails
Scheme in NewsPM SVANidhi Scheme
Top Performing StateMadhya Pradesh (Best Performing State)
Second Best Performing StateAssam (Innovation and Best Practices Award)
Top Performing ULBMunicipal Corporation of Delhi (MCD)
Second Best Performing ULBBruhat Bengaluru Mahanagara Palike (BBMP)
Third Best Performing ULBAhmedabad Municipal Corporation
DAY-NULM Top PerformerKerala (SPARK category)
DAY-NULM Second Best PerformerUttar Pradesh
DAY-NULM Third Best PerformerRajasthan
PM SVANidhi Scheme Launch Date1st June 2020
PM SVANidhi BudgetRs. 700 crore
PM SVANidhi Target BeneficiariesOver 50 lakh street vendors in urban areas (vending on or before 24th March 2020)
PM SVANidhi ObjectiveProvide affordable working capital loans and promote digital transactions (cash-back up to Rs. 1,200/year)
DAY-NULM Launch Year2014
DAY-NULM Implementation AgencyUrban Ministry of Housing & Poverty Alleviation
DAY-NULM Funding Ratio (General)Centre:State - 75:25
**DAY-NULM Funding Ratio (NE/SC States)Centre:State - 90:10
DAY-NULM BeneficiariesUrban poor (street vendors, slum dwellers, homeless, rag pickers), unemployed, and differently-abled

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