{"id":9988,"date":"2025-10-30T15:52:43","date_gmt":"2025-10-30T10:22:43","guid":{"rendered":"https:\/\/theeducationoverview.in\/?p=9988"},"modified":"2025-10-30T15:52:43","modified_gmt":"2025-10-30T10:22:43","slug":"union-minister-reviews-progress-of-pm-svanidhi-scheme-with-states-uts-and-banks","status":"publish","type":"post","link":"https:\/\/theeducationoverview.in\/?p=9988","title":{"rendered":"Union Minister reviews progress of PM SVANidhi Scheme with States, UTs and Banks"},"content":{"rendered":"<div class=\"text-center event-heading-background\">\n<h2 id=\"Titleh2\" style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>Union Minister reviews progress of PM SVANidhi Scheme with States, UTs and Banks<\/strong><\/span><\/h2>\n<h3 id=\"Subtitleh3\" style=\"text-align: justify;\"><\/h3>\n<\/div>\n<div id=\"PrDateTime\" class=\"ReleaseDateSubHeaddateTime text-center pt20\" style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>Posted On: 24 OCT 2025 6:46PM by PIB Delhi<\/strong><\/span><\/div>\n<div class=\"pt20\" style=\"text-align: justify;\"><\/div>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>The Union Minister of Housing and Urban Affairs, Shri Manohar Lal, chaired a review meeting on the implementation of the PM SVANidhi Scheme with representatives of 33 States and Union Territories, senior officials from the Ministry of Housing and Urban Affairs (MoHUA) &amp; Department of Financial Services (DFS), and major Banks\/SLBC Conveners, in New Delhi today. The review was held following the recent Cabinet approval for the restructuring and extension of the scheme.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>During the meeting, the Union Minister interacted with State Urban Development Ministers, Principal Secretaries, Mission Directors, DFS officials and senior banking authorities to assess State-wise progress and address operational challenges. He called upon States, UTs and banks to accelerate efforts for awareness generation, identification of eligible street vendors, early disposal of returned applications, and faster sanction and disbursement of pending loans.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>The Minister emphasized the need for concerted efforts to support street vendors in advancing from the first tranche loan to the second, and ultimately to the third tranche, thereby enhancing their creditworthiness and livelihood opportunities. He further highlighted the importance of digital on boarding of beneficiaries to ensure 100% saturation and active digital usage, and directed that all street food vendors be trained in Hygiene and Food Safety through FSSAI.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong><img decoding=\"async\" src=\"https:\/\/static.pib.gov.in\/WriteReadData\/userfiles\/image\/WhatsAppImage2025-10-25at9.58.22AMOBAS.jpeg\" alt=\"\" \/><\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>To give further momentum to the scheme, the Minister announced the launch of a month-long national drive, \u2018SVANidhi Sankalp Abhiyaan\u2019, from 3<sup>rd<\/sup>\u00a0November to 2<sup>nd<\/sup>\u00a0December 2025, aimed at improving outreach and speeding up application processing by ULBs and Banks.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #3366ff;\"><strong>The Union Minister reaffirmed the Government\u2019s commitment to extending timely credit support to street vendors and ensuring effective on-ground implementation of PM SVANidhi in partnership with States, UTs, ULBs and the banking ecosystem.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Union Minister reviews progress of PM SVANidhi Scheme with States, UTs and Banks Posted On: 24 OCT 2025 6:46PM by PIB Delhi The Union Minister of Housing and Urban Affairs, Shri Manohar Lal, chaired a review meeting on the implementation of the PM SVANidhi Scheme with representatives of 33 States and Union Territories, senior officials &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9988","post","type-post","status-publish","format-standard","hentry","category-education-news"],"_links":{"self":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts\/9988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9988"}],"version-history":[{"count":1,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts\/9988\/revisions"}],"predecessor-version":[{"id":9990,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=\/wp\/v2\/posts\/9988\/revisions\/9990"}],"wp:attachment":[{"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theeducationoverview.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}