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Month: July 2020

PM SVANidhi

It is Special Micro-Credit Facility Scheme for providing affordable loans to street vendors. This scheme will enable street vendors to resume work and earn livelihoods in the wake of the COVID-19 crisis. Overview: The vendors can avail a working capital loan of up to Rs. 10,000, to more than 50 lakh street vendors, who had their business operational on or…

Pradhan Mantri Vaya Vandana Yojana (PMVVY)

Pradhan Mantri Vaya Vandana Yojana is a pension scheme exclusively for senior citizens aged 60 years & above. This scheme can be purchased offline as well as online through LIC, which has been given sole privilege to operate this scheme. Key Features: Scheme provides assured return of 8% p.a payable monthly for 10 years. The scheme is exempted from Service…