PM SAVNidhi Yojana - Scheme Guidelines

Street vendors represent a very important constituent of the urban informal economy and play a significant role in ensuring availability of the goods and services at affordable rates at the door-step of the city dwellers. They are known as vendors, hawkers, thelewala, rehriwala, theliphadwala etc. in different areas/ contexts. The goods supplied by them include vegetables, fruits, ready-to-eat street food, tea, pakodas, breads, eggs, textiles, apparel, footwear, artisan products, books/ stationery etc. The services include barbershops, cobblers, pan shops, laundry services etc. The COVID-19 pandemic and consequent lockdowns have adversely impacted the livelihoods of street vendors. They usually work with a small capital base and might have consumed the same during the lockdown. Therefore, there is an urgent need to provide credit for working capital to street vendors to resume their business.

Objectives

The scheme is a Central Sector Scheme i.e. fully funded by Ministry of Housing and Urban Affairs with the following objectives: (i) To facilitate working capital loan up to `10,000; (ii) To incentivize regular repayment; and (iii) To reward digital transactions

The scheme will help formalize the street vendors with above objectives and will open up new opportunities to this sector to move up the economic ladder.

Eligibility Criteria of Beneficiaries

The Scheme is available to all street vendors engaged in vending in urban areas as on or before March 24, 2020. The eligible vendors will be identified as per following criteria:

(i) Street vendors in possession of Certificate of Vending / Identity Card issued by Urban

(ii) Local Bodies (ULBs); - The vendors, who have been identified in the survey but have not been issued Certificate of Vending / Identity Card;

Provisional Certificate of Vending would be generated for such vendors through an IT-based Platform. ULBs are encouraged to issue such vendors the permanent Certificate of Vending and Identification Card immediately and positively within a period of one month.

(iii) Street Vendors left out of the ULBled identification survey or who have started vending after completion of the survey and have been issued Letter of Recommendation (LoR) to that effect by the ULB / Town Vending Committee (TVC); and

(iv) The vendors of surrounding development/ peri-urban / rural areas vending in the geographical limits of the ULBs and have been issued Letter of Recommendation (LoR) to that effect by the ULB / TVC.

PM Svanidhi through CSCs Process Flow

Proof of Vending

• Vendor ID card (VID)or

• Certificate of vending (CoV) or

• TVC Letter of recommendation

To check the name in Street Vendor Survey click on below link & note SRN No. http://pmsvanidhi.mohua.gov.in/Schemes/SearchVendor

KYC documents

• Aadhaar Card or Voter’s Identity Card or Driving Licence or MNREGA Card or PAN Card.

• Aadhaar linked bank account

• Mobile number should be linked with Aadhaar

Step to Apply in PM Savnadhi Yojana

• Search & click on PM Svanidhi scheme icon on Digital Sev Portal

• Click login button and select CSC Connect

• Enter your CSC ID & Password

• Enter BENEFICIARY Mobile number and click request for OTP

• Select Vendor Category

• Select desired options and click on Next button

• In Second step enter your Aadhaar Number (Put aadhaar number which has mobile number linked)

• Enter OTP which you got on registered mobile number

• Fill complete form like personal detail, Address information, Family Detail, Area of Vending, Monthly Sale, Bank Account detail, Previous loan detail, Loan Amount Required, Local References etc. and click on submit button