Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
PM SVANidhi: Micro credit scheme for street vendors crosses Rs 12,000 crore in loans disbursed
Update / Judgement Date
02 Sept 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The article provides an update on the PM SVANidhi scheme, which has disbursed over ₹12,000 crore in micro-credit loans to street vendors. The scheme aims to provide financial assistance to vendors affected by the pandemic and help them recover and grow their businesses. The article highlights the significance of this initiative in supporting the informal sector and facilitating economic recovery. It also discusses the broader implications for street vendors and the success of the scheme in achieving its objectives.