The Ministry of Housing and Urban Affairs (MoHUA) has launched an initiative of socio-economic profiling of the beneficiaries of the PM SVANidhi scheme to extend the benefits of various central schemes and in the first phase of this programme, 125 cities have been selected. The profiles hence prepared will help in identifying the potential eligibility of the beneficiaries as well as their family members for availing benefits under this scheme.
Under this scheme, the complete profiling of every PM SVANidhi beneficiaries and the members of their families will be prepared. The exercise aligns with the vision of Prime Minister Narendra Modi that the scheme should be looked at as an instrument facilitating holistic development and socio-economic upliftment of the street vendors and their family members.
Quality Council of India has been announced as an implementing partner for this programme launched with an objective of providing affordable working capital loans up to Rs 10,000 to the street vendors to facilitate the resumption of the livelihoods of the street vendors adversely affected by the COVID-19 pandemic. Along with this scheme, the states and UTs can also extend their specific welfare schemes to them. MoHUA is all set to run a pilot program initially in six cities chosen by it, namely Indore, Kakching, Gaya, Nizamabad, Varanasi, and Rajkot.