The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) is a micro-credit scheme launched by the Government of India on 1 June 2020, under the Ministry of Housing and Urban Affairs (MoHUA). It aims to empower and support street vendors who were adversely affected by the COVID-19 pandemic, by providing them access to affordable working capital loans to help them revive their livelihoods. Benefits. The primary objectives of the PM SVANidhi Scheme include: Eligibility. The following individuals are eligible for the PM SVANidhi Scheme: