Page 58 - Shelter-October-2022

POLICY REVIEW
time of COVID.
10. The scheme has
established expansion
of digital economy
with potential of10 %
of MWT (Mobile Wallet
Transactions) in 2022 to
25 % by December 2024.
It is noted that 2760000
or 92 percent beneficiary
USVs were digitally on 13. PM
board in June 2022 and
1.14 million (28, June)
and 1.41 million on 13
September 2022 were
digitally active (Chart 4).
ix
11. 11. Further, 177 million
Chart 4: Digitally Active USVs
14. PM SVANidhi, while
Source: MoHUA, 20th June, 2022
Chart 5: Urban Micro Enterprises, USVs and USVs under
digital transactions PMSVANidhi
have been done till
May 17, 2022 for a
value of Rs. 218,570
million . The number
x
of digital transactions
has further increased
to 89 million with the
accumulated value of Rs.
353,470 million as on 13
September 2022.
12. The average monthly
value of digital
transactions by USVs Source: NSSO and MoHUA
56 HUDCO-HSMI Publication
during 13 May to 13 of value chain and
September, 2022 works supply chain during
out to Rs. 33750 million COVID period.
as against average
MWT being Rs. 265830 15. It has also promoted
million. Accordingly, the upward shift of MEs to
current MWT in India small enterprise which
needs further study to
may be raised further devise suitable strategies.
by engaging remaining
USVs to also become
digitally active. xi 16. SVANidhi se Samriddhi is
a facilitation creativity
SVANidhi, as under the schemes,
indicated in Chart 5, has pooling together eight
successfully established schemes of welfare
its outreach of 85 % measures with 46 lakhs
eligible USV applicants.
of five million urban 30.98 lakh applications
street vendors (USVs)
who constitute over 21 were received out of
percent of twenty million which 28.76 lakh or
93 percent have been
urban micro enterprises
(UMEs) . sanctioned for benefit
xii
under respective welfare
scheme (Table 1).
xiii
inducing working capital
to 3.22 million USVs PMSVANIDHI AND
with digital transactions MIND THE GAP, LEAVE
of Rs.218570 million, NO ONE AND PLACE
had a multiplier effect
on economy with B2B BEHIND
(Business to Business) The scheme gives due
and B2C (Business to cognizance to the informal
Consumer) transactions nature of beneficiaries along
leading to revitalization