Economics • Indian EconomyEasy
The 'PM-SVANidhi' scheme, launched by the Ministry of Housing and Urban Affairs, is primarily designed to provide which of the following benefits?
A. Subsidized housing loans for urban middle-class families
B. Collateral-free working capital micro-loans to street vendors✓ Correct Answer
C. Digital skill training for rural unemployed youth
D. Direct income support to marginal farmers during drought seasons
💡 Solution & Explanation
The PM-SVANidhi scheme provides affordable, collateral-free working capital micro-loans to urban street vendors to help resume livelihoods affected by disruptions. Schemes targeted at subsidized housing or direct farm income support operate under entirely different ministries and operational guidelines.
More Economics Indian Economy questions
- In the national accounts of India, which of the following is categorized under 'Tertiary Sector' economic…
- What is the primary aim of the Production Linked Incentive (PLI) scheme introduced by the Government of India?
- What does the 'Aspirational Districts Programme', monitored by NITI Aayog, primarily aim to achieve?
- What is the primary objective of the 'Digital India Land Records Modernization Programme (DILRMP)'?
- In the context of India's foreign trade policy, what is the core focus of the 'Remission of Duties and Taxes…