arrow
arrow
arrow
Under the restructured PM SVANidhi 2.0 scheme, what is the total financial outlay, and until which date has the scheme been extended?
Question

Under the restructured PM SVANidhi 2.0 scheme, what is the total financial outlay, and until which date has the scheme been extended?

A.

₹5,500 crore & December 2027

B.

₹6,800 crore & March 2029

C.

₹7,332 crore & March 2030

D.

₹8,100 crore & December 2030

E.

₹9,000 crore & March 2031

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).​

Free Tests

Free
Must Attempt

IBPS RRB Clerk Prelims Full Mock Test 01

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon80 Marks
  • timerIcon45 Mins
languageIcon English
Free
Must Attempt

RRB Clerk Pre: Quant Section Test 01

languageIcon English
  • pdpQsnIcon40 Questions
  • pdpsheetsIcon40 Marks
  • timerIcon20 Mins
languageIcon English
Free
Must Attempt

RRB Clerk Pre: Reasoning Section Test 01

languageIcon English
  • pdpQsnIcon40 Questions
  • pdpsheetsIcon40 Marks
  • timerIcon25 Mins
languageIcon English
test-prime-package

Access ‘IBPS PO’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
261k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow