2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Uttar Pradesh
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Madhya Pradesh
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Andhra Pradesh
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Himachal Pradesh
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Maharshtra
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Detailed explanation-1: -Madhya Pradesh tops in implementing PM Svanidhi scheme.
Detailed explanation-2: -UPSC Mains This makes Madhya Pradesh the top performing state under the scheme. More than 47% of the total sanctions in the country is made by Madhya Pradesh.
Detailed explanation-3: -The correct answer is Uttar Pradesh.
Detailed explanation-4: -About: The scheme was announced as a part of the Economic Stimulus-II under the Atmanirbhar Bharat Abhiyan. 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-5: -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.