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CentralFinancial

PM Mudra Yojana

Ministry of Finance

PM Mudra Yojana is a central government scheme run by the Ministry of Finance that provides collateral-free micro loans to help individuals start or expand small and micro businesses. The scheme is designed for non-corporate, non-farm entrepreneurs who want to become self-employed. Loans up to ₹10 lakh are available without requiring any collateral or security.

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CentralEmployment

PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi)

Ministry Of Housing & Urban Affairs

PM SVANidhi is a micro-credit scheme launched on 1st June 2020 by the MoHUA to provide handholding support to street vendors. The scheme facilitates a working capital collateral-free loan of ₹10,000, with subsequent loans of ₹20,000 and ₹50,000 with a 7% interest subsidy.

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