Economy, Finance and Innovation · indicator 306
PM SVANidhi credit to street vendors
Modi aheadThe scheme was created in June 2020, so there is no pre-2014 value to compare against and no comparator country series. Reported as a scheme output. The verdict here compares observed Indian figures over time — a weaker basis than the estimated indicators.
2014
0.000
baseline
2026
18,475
latest observed
Change
new
2014 vs latest observed
What this measures
PM SVANidhi credit to street vendors, in rupees crore, cumulative. A rising number is an improvement. Reported by MoHUA — PM Street Vendor's AtmaNirbhar Nidhi.
It stood at 0.000 in 2014, and under Modi’s current India reached 18,475 by 2026 — a change. That is a deterioration against India’s pre-2014 figure.
No comparison country reports an equivalent series, so there is no Rahul's India to compare against. This is a before-and-after reading, not a treatment effect.
Decade totals
rupees crore, cumulative · MoHUA — PM Street Vendor's AtmaNirbhar Nidhi
Why no counterfactual
The scheme was created in June 2020, so there is no pre-2014 value to compare against and no comparator country series. Reported as a scheme output.
Observation quality
- 2014
- 0.000
- 2024
- 17,115
- 2026
- 18,475
Administrative or programme reporting, not a survey measure · scheme not yet created
Administrative or programme reporting, not a survey measure · 2025
Administrative or programme reporting, not a survey measure · July 2026
Collateral-free working capital to street vendors, launched during the 2020 lockdown: ₹18,475 crore across 1.15 crore loans to 76.95 lakh vendors. A count of scheme output rather than an outcome; vendors borrowed before 2020, largely informally, and that borrowing was never counted.
The counterfactual is 'India without the 2014 structural break', estimated from comparator countries. It is not a forecast of any individual's policies.