Explanation:
- PM SVANidhi (launched 2020) is a Central Sector Scheme.
- Implemented by:
o Ministry of Housing and Urban Affairs (MoHUA)
o Department of Financial Services (DFS)
Key Features:
o ₹15,000 → ₹25,000 → ₹50,000 (progressive tranches)
- UPI-linked RuPay Credit Card:
o Up to ₹30,000 (after 2nd tranche repayment)
o Cashback up to ₹1,600
- SVANidhi se Samriddhi (SSS):
o Socio-economic profiling
o Linkage to 8 Central welfare schemes
o Financial literacy
o Digital literacy
o Hygiene training (FSSAI)
Explanation:
- PM SVANidhi (launched 2020) is a Central Sector Scheme.
- Implemented by:
o Ministry of Housing and Urban Affairs (MoHUA)
o Department of Financial Services (DFS)
Key Features:
o ₹15,000 → ₹25,000 → ₹50,000 (progressive tranches)
- UPI-linked RuPay Credit Card:
o Up to ₹30,000 (after 2nd tranche repayment)
o Cashback up to ₹1,600
- SVANidhi se Samriddhi (SSS):
o Socio-economic profiling
o Linkage to 8 Central welfare schemes
o Financial literacy
o Digital literacy
o Hygiene training (FSSAI)