GoI launches PM SVANidhi scheme

MYUPSC.COM is dedicated to preparation of UPSC Civil Services and State PSC Prelims and Mains Examination 2021. we are providing here the best quality study material and Test Series for UPSC IAS Prelims and Mains Exam 2021. you can get India yearbook 2020-21 and State wise Current Affairs and General Knowledge Yearbook 2020-21. The site intends to provide free study notes, knowledge or information related to IAS/PCS exams that can help to crack these Examinations. GRASP IAS has also published its Ebooks/ PDF on various aspects & dimensions of General Studies of World, India and all the Indian states. The vision of the GRASP IAS is to consolidate all the relevant information related to India, Indian States regarding its History, Geography, Polity, Art-Culture, Heritage, Economy, Environment & Biodiversity and Current Affairs etc. GoI launches PM SVANidhi scheme

Current Affairs Yearbook 2020 for UPSC PSC Exams

Current Affairs Yearbook 2020 Useful for UPSC & PSC Exams

Current Affairs Yearbook 2020: Current Affairs are essential for the preparation of the UPSC CSE & PSC examination. The UPSC, State PSC prelims and mains examination demand conceptual clarity of current affairs, Clearing the UPSC CSE & State PSC examination requires a complete, holistic and comprehensive understanding of concepts in the news and current affairs which has been provided by MYUPSC.COM in very crisp and meticulous notes covering all notable and crucial State, national and international current affairs. GoI launches PM SVANidhi scheme

GoI launches PM SVANidhi scheme

On June 1, 2020, Government of India launched the Pradhan Mantri SVANidhi Scheme for street vendors. The Union cabinet has cleared the credit amount for the scheme as well.


The PM SVANidhi or PM Street Vendors Atmanirbhar Nidhi is a credit facility scheme that will help more than 50 lakh urban and rural street vendors. The scheme will help the street vendors restart their livelihoods.

Under the scheme, Rs 10,000 of credit is to be provided to street vendors. The street vendors shall return the amount as monthly installments within a year.

The scheme was announced by Finance Minister Nirmala Sitaraman during her announcement of package of Atma Nirbhar Bharat Abhiyan.

Atma Nirbhar Bharat Abhiyan

The scheme announced Rs 20 lakh crore package to revive Indian Economy. The amount allocated is 10% of India’s GDP.

How was 10% of GDP fixed?

The member countries at the United Nations fixed that 10% of GDP is to be spent on reviving economies. This was fixed by the Global Plan framed at the United Nations.

Leave a Reply