PM SVANidhi Scheme | Daily UPSC Current Affairs 2023

👉PM SVANidhi is a Central Sector Scheme to facilitate street vendors to access affordable working capital loan for resuming their livelihoods activities,
after easing of lockdown.
🔹 It has been extended with the following provisions:
🔹 Extension of lending period till December 2024;
🔹 Introduction of 3rd loan of upto ?50,000 in addition to 1st & 2nd loans of 10,000 and 20,000 respectively.
🔹To extend ‘SVANidhi Se Samriddhi’ component for all beneficiaries of PM SVANidhi scheme across the country;
🔹 42 lakh street vendors are to be provided benefits under PM SVANidhi Scheme by December 2024

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