CURRENT AFFAIRS

Detailed explanation-1: -Shri Manoj Joshi, Secretary, Ministry of Housing and Urban Affairs (MoHUA) today launched ‘SVANidhi se Samriddhi’ program in additional 126 cities across 14 States/ UTs, in the presence of senior officials of States/UTs and various Central Ministries.

Detailed explanation-2: -To provide handholding support to street vendors, Ministry of Housing and Urban Affairs (MoHUA) launched PM SVANidhi a micro credit scheme, facilitating a working capital collateral free loan of ₹10,000, with subsequent loans of ₹20,000 and ₹50,000 with 7% interest subsidy.

Detailed explanation-3: -The Minister for Housing and Urban Affairs, Shri Hardeep Singh Puri has said that Street Vendors have been an essential part of India’s economic growth story with linkages with the formal economy and play a significant role in reducing cost of living, by providing goods and services at affordable rates.

Detailed explanation-4: -Balika Samriddhi Yojana by the Ministry of Women and Child Development| National Portal of India.

Detailed explanation-5: -What is SVANidhi se Samriddhi? About: It is an additional program of PMSVANidhi, launched on 4th January 2021 in 125 cities to map the socio economic profile of the PM SVANidhi beneficiaries and their families.