CURRENT AFFAIRS

2020

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Who has launched the Beta version webportal for street vendors loan scheme Pradhan Mantri Street Vendors’ AtmaNirbhar Nidhi-PMSVANidhi to provide end-to-end solutions for scheme management?

A	Durga Shanker Mishra
B	Sumanta Chaudhury
C	Anant Narayan Nanda
D	Avinash K. Srivastava

Explanation:

Detailed explanation-1: -The PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) was launched by the Ministry of Housing and Urban Affairs on June 01, 2020 for providing affordable Working Capital loan to street vendors to resume their livelihoodsthat have been adversely affected due to Covid-19 lockdown.

Detailed explanation-2: -It has been implemented since 1st June 2020, for providing affordable working capital loans to street vendors to resume their livelihoods that have been adversely affected due to Covid-19 lockdowns.

Detailed explanation-3: -The PM Street Vendor’s Atma Nirbhar Nidhi (SVANidhi) Scheme was launched in June 2020 as a Micro-Credit facility which aims to empower street vendors to recover losses incurred as a result of the COVID-19 pandemic. Through PM SVANidhi, affordable collateral-free loans are given to street vendors.

There is 1 question to complete.