PM SVANidhi Scheme Extended: Street Vendors to Get Credit Cards, Easy Application

• The PM SVANidhi scheme has been extended until March 2030, offering credit cards and loans to street vendors.
• Prime Minister distributed loans and credit cards to vendors in Thiruvananthapuram, Kerala, on January 23.
• Vendors who have repaid their second installment are eligible to apply for a credit card, with some receiving cards worth 30,000 rupees.
• The scheme, launched on June 1, 2020, aims to provide financial assistance and make street vendors self-reliant after the COVID-19 pandemic.
• Application can be done online via pmsvanidhi.mohua.gov.in or offline at bank branches, municipal offices, or CSCs, with loan approval within 30 days.

Why It Matters: PM SVANidhi scheme extends support to street vendors with credit cards and easy loan access until 2030.