Ministry of Housing and Urban Affairs
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, approved the restructuring and extension of Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme till 31 March 2030. The total financial allocation for the scheme is ₹7,332 crore, aimed to benefit 1.15 crore street vendors, including 50 lakh new beneficiaries. Since launch on 1 June 2020, the scheme disbursed over 96 lakh loans worth ₹13,797 crore to more than 68 lakh street vendors. PM SVANidhi, launched by the Union Ministry of Housing and Urban Affairs under Atma Nirbhar Bharat, provides micro-credit loans to street vendors.
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