* THIS SCHEME WAS LAUNCHED IN JUNE 2020.
* IT WAS INTRODUCED TO HELP STREET VENDOR'S OVERCOME FINANCIAL CONSTRAINTS AND REVIVE LIVELIHOOD IMPACTED BY THE PANDEMIC.
* THIS LENDING PERIOD EXTENDED TO MARCH 31, 2030.
* RESTRUCTURED SCHEME AIMS TO BENEFITS 1.15 CRORES BENEFICIARIES.
KEY FEATURES -
* THE ENHANCED LOAN LIMIT UNDER THE FIRST TRANCHE INCREASE TO RS 15,000 UPTO RS 10,000
- SECOND TRANCHES INCRESE TO 25,000 TO 20,000
- THIRD SET TO 50,000
* BENEFICIARIES NOW ELIGIBLE FOR a UPI LINKED RUPAY CREDIT CARD
* TO PROMOTE DIGITAL BANKING, STREET VENDOR'S CAN EARN CASHBACK OF UPTO RS 1200 ON REGULAR DIGITAL SALES ( WITH A MAXIMUM OF RS 100 PER MONTH)
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