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Which one of the following is the targeted group under the 'Pradhan Mantri Swanidhi Scheme' ?
Explanation
The Pradhan Mantri Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) scheme was launched by the Ministry of Housing and Urban Affairs (MoHUA) in June 2020. Its primary objective is to provide affordable working capital loans to street vendors to resume their livelihoods, which were adversely affected by the COVID-19 lockdown. Vendors can avail of an initial collateral-free loan of up to ₹10,000, with subsequent tranches of ₹20,000 and ₹50,000 available upon timely repayment. Key features include an interest subsidy of 7% per annum and cashback incentives for digital transactions. The scheme targets street vendors in urban, peri-urban, and rural areas who were vending on or before March 24, 2020. Other groups like marginal farmers or dairy farmers are covered under different initiatives such as PM-KISAN or the Animal Husbandry Infrastructure Development Fund.