Which of the following is the Implementation Agency for PM Street Vendor rsquo s AtmaNirbhar Nidhi P...........

Economic and Social Issues Rural Banking and financial institutions

Which of the following is the Implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) - a Special Micro-Credit Facility for Street Vendors?

Small industrial Development Bank of India

National Bank for Agriculture and Rural Development

Housing Finance Companies

State Bank of India

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Explanation:

Recently, a Memorandum of Understanding(MoU) is signed between the Ministry of Housing & Urban Affairs(MoHUA) and Small Industries Development Bank of India (SIDBI) to engage SIDBI as the Implementation Agency for PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi). While PM SVANidhi was launched by the Ministry of Housing and Urban Affairs for providing affordable Working Capital loan to street vendors to resume their livelihoods which have been severely affected due to COVID-19 induced lockdown. Hence option 1st is correct.