Q. With reference to SVANidhi scheme, consider the following statements.
1. It is a Central Sector Scheme, launched by Ministry of Science and Technology.
2. It aims to attract scientific community to participate and contribute Research and Development in the country.
Which of the statements given above is/are correct?
Statement 1 is incorrect. Pradhan Mantri Street Vendor’s Atma Nirbhar Nidhi (PM SVANidhi) is a Central Sector scheme. It was launched by Ministry of Housing and urban affairs (MoHUA) .
Statement 2 is incorrect: It aims to provide affordable loans to street vendors.