India, Dec. 20 -- The Government of India has issued a release:
Key Takeaways
On August 27, 2025, the Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the "Restructuring and extension of the lending period beyond 31.12.2024 of Prime Minister Street Vendor's Atma Nirbhar Nidhi (PM SVANidhi) Scheme". The lending period has now been extended until March 31, 2030. The total outlay for the scheme is Rs.7,332 crore. The restructured scheme aims to benefit 1.15 crore beneficiaries, including 50 lakh new beneficiaries.
Introduction: Empowering the Enablers
Street vendors are an important part of any city's informal economy. Street vending, a source of self-employment, has a prominent place in the urban supply chain as it pr...