The Union Cabinet formally approved a significant enhancement of the loan limits under the PM SVANidhi scheme for street vendors. To combat inflation, vendors can now avail an increased third tranche loan of up to Rs 80000 to drastically scale up their businesses.
📚 Test Your Knowledge:
Under the recent expansion of the PM SVANidhi scheme, the third tranche loan limit for street vendors has been increased to what amount?
Correct Answer: Rs 80,000