‘SVANidhi se Samriddhi’ launched in additional 126 cities

What is the News?

The Ministry of Housing and Urban Affairs(MoHUA) has launched ‘SVANidhi se Samriddhi’ program in additional 126 cities across 14 States/ UTs.

What is SVANidhi se Samriddhi Program?

Launched by: Ministry of Housing and Urban Affairs(MoHUA) in 2021

It is an additional program of the PM SVANidhi Scheme.

Aim: To provide social security benefits to street vendors for their holistic development and socio-economic upliftment.

Implementing Partner: Quality Council of India (QCI)

Key Features of the Scheme

Under the program, socio-economic profiling of PM SVANidhi beneficiaries and their families is conducted to assess their eligibility for Eight Government of India’s welfare schemes and facilitate sanctions of eligible schemes. 

These Eight schemes include: 1) Pradhan Mantri Jeevan Jyoti Bima Yojana, 2) PM Suraksha Bima Yojana, 3) Pradhan Mantri Jan Dhan Yojana, 4) Building and other Constructions Workers (Regulation of Employment and Conditions of Service) Act (BOCW), 5) Pradhan Mantri Shram Yogi Maandhan Yojana, 6) National Food Security Act (NFSA)-portability benefit – One Nation One Ration Card (ONORC), 7) Janani Suraksha Yojana and 8) Pradhan Mantri Matru Vandana Yojana.

The socio-economic profiling will also help States if they deem fit to extend their State-specific welfare schemes & benefits to the eligible PM SVANidhi beneficiaries and their families.

What are the achievements of the Program?

The program has two-fold achievements:

One, a central database of Street vendors and their families has been created on various socio-economic indicators.

Second, a first of its kind inter-ministerial convergence platform is established between various Central Ministries to extend the safety net of welfare schemes to street vendor households.

Source: This post is based on the article “‘SVANidhi se Samriddhi’ launched in additional 126 cities” published in PIB on 12th April 2022.