Correct option is C
In August 2025, the Union Cabinet approved the restructuring and extension of the PM SVANidhi (Street Vendor’s AtmaNirbhar Nidhi) scheme. The scheme’s duration was extended from the earlier deadline of December 2024 to 31 March 2030.
The total outlay allocated for the restructured PM SVANidhi is ₹7,332 crore. This budget aims to support about 1.15 crore street vendors, including 50 lakh new beneficiaries, with enhanced loan limits, digital incentives, and other measures.
The restructuring includes raising the first tranche loan from ₹10,000 to ₹15,000, the second tranche from ₹20,000 to ₹25,000 (while the third tranche remains at ₹50,000).