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The government’s PM SVANidhi scheme just got a big update! Now, street vendors can access loans up to Rs 30,000 and even get credit cards.
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An extra Rs 10,000 might be offered for those migrating from rural to urban markets.
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Banks are now more involved, making capital easier to get and way less risky than informal moneylenders.
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This step supports financial inclusion and gives dignity to millions of street vendors working hard daily.
👉 Why this matters: This isn’t just a loan—it’s a real shot at economic upliftment. Accessible credit can transform lives and reduce debt traps for our local heroes. All thanks to PM SVANidhi scheme
🔗 Source: Times of India
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🖋️ Written and summarized by our editorial team using AI assistance and human review.
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