Cabinet approves restructuring & extension of PM SVANidhi Scheme

August 27th, 02:49 pm

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. The restructured scheme worth ₹7,332 crore aims to benefit 1.15 crore beneficiaries including 50 lakh new beneficiaries. This will empower street vendors and also foster inclusive economic growth.