MasteryExams
Economics • Indian EconomyEasy

Which scheme was launched by the Ministry of Housing and Urban Affairs to provide micro-credit support to street vendors during the COVID-19 pandemic?

A. PM SVANidhi✓ Correct Answer
B. PM MUDRA Yojana
C. DAY-NULM
D. PM VISHWAKARMA

💡 Solution & Explanation

The PM SVANidhi scheme was introduced by the Ministry of Housing and Urban Affairs to provide collateral-free working capital loans to urban street vendors impacted by COVID-19. PM MUDRA Yojana addresses broader micro-enterprise funding needs across rural and urban settings.

🚩 Report a problem