Recently PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme is news, Choose the incorrect option.((Nov 2021)
1
It provide collateral-free affordable loan of ₹10,000.
2
The Scheme is available to beneficiaries under the Street Vendors (Protection of Livelihood and Regulation of Street Vending) Act, 2014.
3
It offer an interest subsidy of 7% per annum on repayment of loans.
4
PM SVANidhi has been established under the Ministry of Housing and Urban Affairs (MoHUA).
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The PM Street Vendor’s Atma Nirbhar Nidhi (SVANidhi) Scheme was launched in June 2021.