SVANidhi se Samriddhi Program: UPSC Daily Important Topic | 17 April 2022

SVANidhi se Samriddhi Program

✅The Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi Scheme is aimed at benefiting over 50 lakh vendors who had their businesses operational on or before March 24 2020.

✅It is a Central Sector Scheme.

✅The scheme was announced by Finance Minister as a part of the economic package for those affected by the COVID-19 pandemic and lockdown.

✅The loans are meant to help kick-start activity for vendors who have been left without any income since the lockdown was implemented on March 25.

✅The scheme was valid until March 2022.