The Chief Minister's Office of Rajasthan announced on Wednesday, June 10, 2026, that the state has achieved significant milestones under the Pradhan Mantri Street Vendor's Atmanirbhar Nidhi (PM SVANidhi) scheme, crediting the leadership of Chief Minister Bhajanlal Sharma for its effective rollout across the state.

What the numbers say

Of 3,62,565 eligible applicants in Rajasthan, loans worth Rs 439 crore have been sanctioned to 3,06,255 beneficiaries under the scheme. Of these, over 3 lakh beneficiaries have already received disbursements totalling more than Rs 428.93 crore. The CMO's post states: 'patra 3 lakh 62 hazar 565 avedekon mein se, ab tak 3 lakh 6 hazar 255 labhartiyon ko, 439 crore rupaye ka rin sweekriti kiya ja chuka hai' — meaning, 'of the eligible 3,62,565 applicants, loans of Rs 439 crore have so far been sanctioned to 3,06,255 beneficiaries.'

Context

PM SVANidhi was launched by the Government of India in June 2020 to provide collateral-free working capital loans to urban street vendors, initially as a relief measure during the COVID-19 pandemic. The scheme offers loans in three tiers — up to Rs 10,000, Rs 20,000, and Rs 50,000 — with higher credit limits available to vendors who repay on time. It targets the urban informal economy, which includes millions of rehdi-patri (cart and pavement) vendors across India.

Policy backdrop

The Rajasthan government, led by CM Bhajanlal Sharma since December 2023, has framed the scheme's implementation as a product of 'double engine government' coordination — a term used by BJP governments to describe alignment between a BJP-ruled state and the BJP-led Centre. Timely loan repayment by beneficiaries has additionally unlocked an interest subsidy of more than Rs 6.57 crore, incentivising financial discipline among borrowers. The CMO described this as 'samay par rin chukane wale labhartiyon ko, 6 crore 57 lakh rupaye se adhik ki byaj subsidy' — 'more than Rs 6.57 crore in interest subsidy given to beneficiaries who repaid loans on time.'

Stakeholders and impact

The primary beneficiaries are street vendors and pavement traders — a segment of the urban workforce that typically lacks access to formal credit. The scheme provides not just capital but also digital payment infrastructure linkages, helping vendors build a credit history. The CMO stated the scheme is giving 'lakhs of families a positive change in life' and providing vendors an opportunity for an 'atmanirbhar, swavalambi aur sammanjanak jeevan' — a self-reliant, independent, and dignified life. With over 3 lakh disbursements completed, the scheme has reached a large share of its eligible pool in the state.

What's next

The pace of disbursement — with 3,06,255 sanctions and over 3 lakh actual disbursements — suggests the scheme is nearing saturation of its current eligible applicant base in Rajasthan. Attention will now likely shift to loan repayment tracking, interest subsidy expansion, and whether higher loan tiers are being accessed by repeat borrowers. Linkages with broader urban livelihood missions could shape the scheme's next phase in the state, particularly ahead of budget discussions.