Question
What technological tool is primarily used under the SVAMITVA scheme for mapping rural land parcels?
Please read passage and the answer the following questions ( Q no 11 to 14) based on the passage. Financial security for street vendors is a critical aspect of urban economies, particularly in developing countries like India, where millions of people rely on informal employment for their livelihoods. Street vendors contribute significantly to local economies by providing affordable goods and services, fostering entrepreneurship, and creating jobs. However, they often face numerous challenges, including lack of access to financial resources, job security, and social protections. Ensuring financial security for street vendors is essential not only for their personal well-being but also for the economic vitality of urban areas. Financial security is vital for street vendors to maintain stable livelihoods. Many street vendors operate on a daily income basis, making them vulnerable to fluctuations in demand and unforeseen circumstances such as health emergencies or natural disasters. When vendors have access to financial resources, such as savings, credit, and insurance, they can better navigate these challenges. Financial stability allows them to cover daily expenses, reinvest in their businesses, and sustain their families without falling into debt or poverty. Access to affordable credit and financial services is crucial for the growth and sustainability of street vending businesses. Many street vendors struggle to secure loans from traditional financial institutions due to a lack of formal documentation, credit history, or collateral. Microfinance institutions and community lending programs can provide essential financial support, enabling vendors to expand their operations, purchase inventory, and invest in equipment. With improved access to finance, street vendors can enhance their productivity and profitability, leading to long-term business viability.
More Economic and Social Issues ESI Questions
- What is the primary objective of the literacy week organized by the Government of India from 1st September to 8th September 2023?
- Evaluate the following statements about India's welfare delivery achievements under key government schemes: I. Under Pradhan Mantri Awas Yojana-Gramin (PM...
- The Ministry of Textiles has recently approved 4 Start-Ups under which scheme?
- The National Commission for Women (NCW) has launched the Digital Shakti Center in:
- The _________ is a measurement of a countryrsquo;s overall trade where the value of the goods and services it imports exceeds the value of the products it ...
- Which primary objective of the Pradhan Mantri Ayushman Bharat Yojana aims to alleviate the financial burden of healthcare on low-income households?
- The "STREE" initiative under the Ministry of Rural Development aims to:
- Project PARI, initiated by the Ministry of Culture, seeks to:
- Under credit guarantee scheme for micro and small enterprises, The limit on ceiling for guarantees has been enhanced from Rs. 2 crore to —
- Which of the following Statements about Multiplier Effect is/are True? I- When the government spends a rupee, overall income rises by a multiple (more tha...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)