Itanagar: Arunachal Pradesh Urban Affairs Minister Balo Raja on Friday held a virtual meeting with Union Minister Manohar Lal to discuss the implementation of the restructured PM SVANIDHI scheme.
The meeting was chaired by Union Minister of Housing & Urban Affairs Manohar Lal.
The discussion focused on reviewing the scheme’s progress and exploring ways to expand its reach and benefits for street vendors in Arunachal Pradesh, Urban Local Bodies Director Hano Takka said.
In the meeting, both ministers deliberated on strategies to streamline the implementation of the scheme, emphasising the importance of digital transactions, financial inclusion, and capacity building of street vendors, the official said. They also discussed the role of state governments in supporting the socio-economic upliftment of beneficiaries and their families.
The meeting highlighted the government’s commitment to empowering street vendors and promoting urban livelihoods, he said.
With renewed focus on the scheme, the Ministry of Housing and Urban Affairs, in collaboration with the Arunachal Pradesh government, aims to make a meaningful impact on the lives of street vendors in the state.
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Launched by Prime Minister Narendra Modi in 2020, the PM SVANIDHI scheme provides affordable working capital loans to help street vendors resume their livelihoods affected by the COVID-19 pandemic. With its extension until March 2030, the government plans to benefit over 1.15 crore street vendors, including 50 lakh new beneficiaries.
