UPSC and Beyondd with Shubham Ajmera

🔥Restructured PM SVANidhi Scheme aims to benefit 1.15 crore street vendors, including 50 lakh new beneficiaries. Lending period extended until March 31, 2030. ✔️Launched in June 2020, the PM SVANidhi scheme was formulated to assist the street vendors to overcome the adverse effects of financial constraints. ✔️The enhanced loan structure includes first tranche loans increased up to ₹15,000 (from ₹10,000) and second tranche loans increased up to ₹25,000 (from ₹20,000), while the third tranche is at ₹50,000. ✔️The introduction of UPI-linked RUPAY Credit Card would provide immediate access to credit to the street vendors in order to meet any emergent business and personal requirements. ✔️Further, in order to give a boost to digital adoption, the street vendors can avail a cashback on digital transactions: ✔️Cashback upto ₹1,200 on regular sales with maximum ₹100 per month Cashback upto ₹400 on wholesale purchases of ₹2,000 or more (₹20 per transaction with maximum ₹100 per quarter). ✔️The scheme has received national recognition, winning the Prime Minister’s Award for Excellence in Public Administration (2023) for Innovation (Central Level). ✔️Also received Silver Award for Excellence in Government Process Re-engineering for Digital Transformation (2022). ✔️Implementation of the scheme would be the joint responsibility of the Ministry of Housing & Urban Affairs (MoHUA) and Department of Financial Services (DFS). ✔️To further advance the holistic welfare and development of street vendors and their families, the ‘SVANidhi se Samriddhi’ component is being strengthened through periodic Lok Kalyan Melas. ✔️SVANidhi se Samriddhi' has connected beneficiaries to 8 welfare schemes of the Government of India ensuring resilient, self-reliant, and inclusive growth trajectory where every citizen has the opportunity to thrive. Hit ❤️ to appreciate and follow us for more such content on: https://t.me/upscandbeyondd

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https://t.me/InternationalRelationsforCSE/844 If into IR might enjoy reading this Article!

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Came across it in Nanded railway station- Smart solution for age old problem

Mini snippet -4 Quote "Covenants without swords are nothing but words" - Hobbes Meaning - without the power to punish, rules and regulations are mere words. Usage- Questions on international institutions, Further even constitutional bodies like Election commission, NCST. Learn less, revise more and think most to be creative is the Mantra. Do join: https://t.me/upscandbeyondd YouTube: will be uploading first video soon, excited!! (Do subscribe)

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Dekh rahe ho Binod Kaise Bihar ko gaali dene wale log bhi ab bihar pcs ka form bhrnge- 1929 Vacancies! Historic!