CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who are the beneficiaries of the ‘PM SVANidhi’ scheme?
A
Adolescent Boys and Girls
B
Street Vendors
C
SHG Members
D
Lactating Mothers and NewBorn Children
Explanation: 

Detailed explanation-1: -Q. Who are the beneficiaries of the ‘PM SVANidhi’ scheme? Notes: The Cabinet Committee on Economic Affairs approved the continuation of the Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme till December 2024. Through the scheme, affordable collateral-free loans are given to street vendors.

Detailed explanation-2: -Detailed Solution. The Correct Answer is Street vendors. Ministry of Housing & Urban Affairs launched a scheme PM Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) to empower Street Vendors by not only extending loans to them but also for their holistic development and economic upliftment.

Detailed explanation-3: -Centre extends PM SVANidhi scheme till December 2024 New Delhi: The Centre has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme until December 2024. The government has also introduced a third loan of upto Rs 50,000 in addition to the first and second loans of Rs 10,000 and Rs 20,000, respectively.

Detailed explanation-4: -The Government of India has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme beyond March, 2022 with the following provisions: Extension of lending period till December 2024; Introduction of 3rd loan of upto ₹50,000 in addition to 1st & 2nd loans of ₹10,000 and ₹20,000 respectively.

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