The union cabinet today approved the restructuring of prime minister street vendor’s atma nirbhar nidhi (pm svanidhi) scheme. Pm svanidhi scheme provides working capital term loans to urban street vendors in three tranches. The cabinet also gave approval for the extension of the.
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It provides affordable working capital loans to restore livelihoods disrupted. Launched by the ministry of housing & urban affairs (mohua) in 2020. 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.
Upon successful repayment of first and second tranches, the street vendor becomes.
Check your eligibility status as per scheme rules. The union cabinet, chaired by pm modi, has approved the restructuring and extension of the lending period of the pm svanidhi scheme until march 31, 2030. This consent shall override my registration under. The scheme is available for beneficiaries belonging to only those states/uts which have notified rules and scheme under street vendors.
Pm svanidhi is a central sector scheme (css) launched by the central government to support the street vendors.
