Current Affairs · Government Schemes & Urban Livelihoods
Which one of the following best describes the core objective behind the PM SVANidhi Scheme?
- 1Privatization of urban informal retail markets through corporate franchising
- 2Financial empowerment and formal credit support for street vendors and small informal entrepreneurs✓
- 3Establishment of mandatory digital-only marketplaces for all urban vendors
- 4Replacement of street vending activities with organized retail chains in urban areas
Correct answer
Financial empowerment and formal credit support for street vendors and small informal entrepreneurs
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