SSC Selection Post 2022 PYQ — Question 33

The correct answer is Option 4 i.e. Street vendors affected by COVID-19

The PM SVANidhi (Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi) scheme, launched by the Ministry of Housing and Urban Affairs, is aimed at empowering street vendors. It provides affordable working capital loans of up to ₹10,000 to help them resume their livelihoods affected by the COVID-19 pandemic. The scheme specifically targets urban street vendors, including those vending in peri-urban and rural areas. It also offers incentives for regular repayment and digital transactions. By enabling access to formal credit, the scheme promotes financial inclusion and economic self-reliance among one of the most vulnerable and unorganized sectors of society. Through PM SVANidhi, the government seeks to support street vendors in becoming active stakeholders in India's urban economy.