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    Question

    Under the revamped PM SVANidhi scheme (extended till

    2030), what is the loan amount for the third tranche for registered street vendors?
    A ₹10,000 Correct Answer Incorrect Answer
    B ₹15,000 Correct Answer Incorrect Answer
    C ₹25,000 Correct Answer Incorrect Answer
    D ₹40,000 Correct Answer Incorrect Answer
    E ₹50,000 Correct Answer Incorrect Answer

    Solution

    The revamped PM SVANidhi scheme, extended until March 31, 2030, revised the loan structure: • ₹15,000 in the first tranche • ₹25,000 in the second tranche • ₹50,000 in the third tranche This extension came with an increased collateral-free loan amount (+₹5,000 over earlier provisions) and also introduced UPI-linked RuPay credit cards for vendors. The scheme aims to benefit 11.5 million street vendors, including 5 million new beneficiaries, and has already disbursed 9.6 million loans worth ₹13,797 crore.

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