Good news for millions of street vendors, now more loans and credit cards will be increased. This scheme was increased by 2030

Last updated: August 27, 2025, 18:21 IST Prime Minister Svanidhi Scheme: The central government has increased the extent of Pradhan Mantri Swanidhi Yojana to give more relief to street vendors. Now this scheme lasts until March 31, 2030. Great relief for street vendors Svanidhi Scheme: There is good news for millions of street vendors of the country. The central government has decided to increase prime minister Swanidhi Yojana for the street vendors through further improvement and Rs 7.332 crore will be spent for this. Now the street vendor will not only get more loans than before to increase his work, but for the first time he will also get the power of Rupay credit card linked to UPI. Let us know that the government runs the Prime Minister Swanidhi Yojana, especially for street vendors. Under this scheme, the government gives loans for the introduction of employment without any guarantee. Now, after this decision was made to the street vendors at the Union Cabinet meeting, the street vendor will now be able to take more loans than before. For the first time under the scheme, the loan limit was increased from Rs 10,000 to Rs 15,000 and for the second time from Rs 20,000 to Rs 25,000. The third time loan is Rs 50,000. Rupay credit card will also be available; Sellers who repay the loan on time are now getting a Rupay credit card associated with UPI so they can fulfill the sudden expenses. Cashback incentives of up to Rs 1.600 will also be given to digital payments. The target of the restructured scheme is now to reach 1.15 crore beneficiaries, which will also include 50 Lakh new street vendors. The Department of the Ministry of Housing and Urban Affairs and Financial Services will jointly implement this scheme. The Corona started during the epidemic, the scheme government started Prime Minister Swanidhi Yojana during the Kovid-19 epidemic in June 2020. So far, more than 96 Lakh loans worth Rs 13,797 have been given to more than 68 Lakh Street Hawkers. Over the past 8 years, author Vinoy Jha has been working as a senior copy editor in News18Hindi after starting his career with print media. Business News Team has been part of the team for almost 4 years. He has experience in the media about one and a half decades. Business … Read more, after it has started a career with print media over the past 8 years, it works in News18hindi as a senior copy editor. Business News Team has been part of the team for almost 4 years. He has experience in the media about one and a half decades. Business … Read more here to add News18 as your favorite news source on Google. Location: New -delhi, Delhi first published: August 27, 17:11 IST Homebusiness Good News for Millions of Street Sellers, Good News for People with Millions