Street Vendors Get a Boost: PAiSA Dashboard & PM SVANidhi Portal Launched

Union Minister Hardeep S. Puri emphasized the importance of strong grievance redressal committees under the Street Vendors Act 2014, aiming to swiftly resolve disputes among vendors. He further unveiled two key initiatives to empower street vendors:

• PAiSA Dashboard: This online platform provides real-time updates on the progress of the PM SVANidhi Mission scheme. Vendors can track loan applications, disbursements, and repayments at their fingertips, fostering transparency and accountability.

• PM SVANidhi Mission Monitoring Portal: This dedicated portal offers comprehensive data and insights on the scheme’s nationwide implementation. Stakeholders, including government officials, lenders, and street vendor associations, can access valuable information to monitor progress, identify challenges, and ensure effective execution.

These initiatives mark a significant step towards

• Grievance Redressal: Robust committees will address disputes among vendors, safeguarding their rights and livelihoods.
• Financial Empowerment: PM SVANidhi Mission provides microloans to street vendors, enabling them to restart and grow their businesses.
• Enhanced Transparency: Real-time data on the PAiSA dashboard and PM SVANidhi portal promotes accountability and facilitates informed decision-making.

Important Questions Related to Exams

1. Union Minister Puri emphasized what crucial aspect for street vendors?
2. PAiSA tracks what in real-time for street vendors?
3. The PM SVANidhi portal focuses on two main areas. Name one.

Please provide your answers in the comment section!!