Loans without guarantees transformed lives… Small traders across the country became self-reliant through the PM SVANidhi scheme.

Loans without guarantees transformed lives… Small traders across the country became self-reliant through the PM SVANidhi scheme.

Prime Minister Narendra Modi has completed 25 years in public life. During his tenure as Prime Minister, the central government has implemented numerous public welfare schemes that have economically and socially empowered various sections of society. One such initiative is the ‘PM SVANidhi scheme,’ which has fostered self-reliance among the country’s street vendors and small shopkeepers by directly linking them with banks. From Tral in Jammu & Kashmir to Neemuch in Madhya Pradesh and Panipat in Haryana, this scheme has brought about a tangible transformation in the lives of small business owners. The stories of how this collateral-free financial assistance revolutionized their businesses are now being shared by the beneficiaries themselves.