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    Question

    What was the approved financial outlay for the revamped

    PM SVANidhi scheme by the Union Cabinet?
    A тВ╣6,500 crore Correct Answer Incorrect Answer
    B тВ╣7,332 crore Correct Answer Incorrect Answer
    C тВ╣7,800 crore Correct Answer Incorrect Answer
    D тВ╣8,100 crore Correct Answer Incorrect Answer
    E тВ╣9,000 crore Correct Answer Incorrect Answer

    Solution

    The Union Cabinet, chaired by the Prime Minister, approved a financial outlay of тВ╣7,332 crore for the revamped PM SVANidhi scheme. Initially launched in 2020 to support street vendors during the COVID-19 pandemic, the scheme was to end in December 2024. However, its success led to an extension until 2030, broader coverage, and inclusion of digital features like RuPay credit cards.

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