Gandhinagar, May 31 -- Prime Minister Narendra Modi's PM SVANidhi Scheme has proven to be a boon for street vendors and small businesses across the country, improving their livelihoods and living standards, said a press statement from Gujarat on Saturday.

Gujarat has established itself as a leading state in successfully implementing the Prime Minister's ambitious scheme.

Launched on June 1, 2020, under the visionary leadership of Prime Minister Narendra Modi, the PM SVANidhi Scheme is a flagship initiative of the Ministry of Housing and Urban Affairs, Government of India. Its objective is to empower street vendors nationwide and integrate them into the formal financial system.

Under the leadership of Chief Minister Bhupendra Patel, the...