To improve digital penetration in the economy, RBI has extended the scheme for encouraging the deployment of Point of Sale (PoS) infrastructure to street vendors covered under the PM SVANidhi programme in Tier-1 and Tier-2 centres. Previously, it was available for Tier 3-Tier 6 centres only. The Payments Infrastructure Development Fund (PIDF) was created with a corpus of Rs 3.45 billion for digital payments facilitating the beneficiaries under PM SVANidhi.