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What is the name of the scheme that intends to provide working capital facility of Rs.10,000 per year to urban street vendors of the country?
A)
TLTRO
B)
PM SVANIDHI
C)
PM KISAN
D)
MUDRA Yojana

Correct Answer : Option (B) - PM SVANIDHI


Under the PM SVANIDHI scheme, urban street vendors are sanctioned with working capital credit facilities upto Rs,10,000 per year by banks. This scheme was launched by the Government of India to provide micro-credit facility to vendors during Covid-19 lockdown.
As per a recent data by the Ministry of Home Affairs, out of the total disbursement under the scheme, private banks have contributed only 1.6%.

Published On : April 7, 2021
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