Fulfilledhigh confidenceWelfare

Expand PM SVANidhi to cover more street vendors, including small towns and villages

Bharatiya Janata Party · Lok Sabha General Election 2024

Last updated 2 Jun 2026

We have empowered street vendors by providing credit facilities to 63+ lakh street vendors under PM Svanidhi. We will continue to further expand PM Svanidhi to cover street vendors, travelling salesmen among others from small towns and villages across Bharat.

From the Bharatiya Janata Party manifestoView Manifestop.28

Our Assessment

high

The pledge to further expand PM SVANidhi has been delivered. On 27 August 2025 the Union Cabinet approved restructuring and extension of the lending period to 31 March 2030 (total outlay Rs 7,332 crore), targeting 1.15 crore beneficiaries including 50 lakh new ones, with enhanced loan tranches (first up to Rs 15,000, second up to Rs 25,000, third Rs 50,000), UPI-linked RuPay credit cards and digital cashback. Crucially, coverage is being expanded beyond statutory towns to census towns and peri-urban areas in a graded manner, matching the pledge to reach small towns. As of July 2025, over 96 lakh loans worth Rs 13,797 crore had been disbursed to more than 68 lakh vendors. Fulfilled.

Promise Timeline

27 Aug 2025

Union Cabinet approves restructuring and extension of PM SVANidhi to 31 March 2030 (Rs 7,332 crore), targeting 1.15 crore beneficiaries (incl. 50 lakh new), with expansion to census towns and peri-urban areas.

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