Aurangabad, Apr 27 (PTI) A total of 45.32 lakh persons have got loans amounting to Rs 4,606 crore under the Pradhan Mantri SVANidhi Yojana, Union Minister Bhagwat Karad said here on Thursday.

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The PM Street Vendor's AtmaNirbhar Nidhi scheme provides a platform for financial inclusion for street vendors through loans.

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Speaking at a loan distribution program organized in Sant Eknath Rang Mandir here, the Union Minister of State for Finance said, "The number of PM SVANidhi beneficiaries is 45.32 lakh across the country. In Mumbai's 24 zones, 104 banks were roped in to take the number of beneficiaries to two lakh. It was completed in 45 days."

Those who have repaid the first loan amount of Rs 10,000 under the scheme will be eligible for the Centre's Mudra scheme, Karad added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)