Street vendors scheme revamp: Cabinet extends PM SVANidhi till 2030, new credit cards announced
The Union Cabinet has extended the PM SVANidhi scheme to March 31, 2030, with a Rs 7,332 crore outlay, aiming to benefit 1.15 crore street vendors. The restructured scheme increases loan amounts, offers UPI-linked credit cards, and promotes digital adoption through cashback incentives.🕒 1 min read
The Union Cabinet has extended the PM SVANidhi scheme to March 31, 2030, with a Rs 7,332 crore outlay, aiming to benefit 1.15 crore street vendors. The restructured scheme increases loan amounts, offers UPI-linked credit cards, and promotes digital adoption through cashback incentives.
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