The PIDF (Payments Infrastructure Development Fund) scheme, launched by the Reserve Bank of India, aims to expand payment infrastructure in Tier 1 and Tier 2 centers across India. Beneficiaries of this scheme include individuals from PM SVANidhi (Street Vendor's AtmaNirbhar Nidhi) and PM Vishwakarma (an initiative to support traditional artisans and craftspeople), both of which target economic upliftment in these regions. By including these schemes under the PIDF, the RBI aims to improve access to payment systems for underserved populations.
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