The PM-SVANidhi Scheme (2020) is run by which Ministry of the Government of India?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Ministry of Housing and Urban Affairs.
The PM SVANidhi Scheme (Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi) was launched on June 1, 2020, by the Ministry of Housing and Urban Affairs (MoHUA), Government of India. The scheme aims to provide affordable working capital loans to street vendors, enabling them to resume their livelihoods that were adversely affected due to the COVID-19 pandemic.