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POLICY REVIEW
(maintenance of household SDG-8: Decent Work and wages. The scheme brings
establishment). Economic Growth income and dignity in the life
SDG-3: Good Health & The scheme is lifting economic of USVs in terms of growing
business transactions and
Well-Being status of beneficiaries which dedicated workplace (under
is evident from increasing
The Scheme has also volume of business the National Policy for
contributed towards good transactions as a result of Street Vendors:2014) to carry
health and well-being in induced working capital out their procurement and
the Indian community by under the loan.The scheme is marketing of goods.
retaining USVs in their work a boost to COVID hit economy SDG-16: Strong
place during COVID time. and assisting for a’ V’ shape
The further outbreak of recovery. It has linked USVs Institutions
COVID was minimised to B2B and B2C (Business to PMSVANidhi has shown
the native place of USVs and Business and Business to emergence of a model to
the journey which could have Customer) transactions with inter-governmental and inter-
infected the USVs themselves value and supply chain. institutional cooperation to
or the people coming in their The digital footprints under mainstream and formalise
contact if any of them is PMSVANidhi has made a a largest group of micro
infected. The improvement in dent in the volume and size enterprises. MoHUA, States
the financial status of USVs of Mobile Wallet transactions and ULBs have come together
also enabled them to take care (MWT) in India with a under Prime Minister’s
of their households in terms potential to capture 25 percent ambitious initiative for
of better access to water, share by December 2024. It USVs. It has demonstrated
clothes, food, and shelter. will go a long way to have outstanding outreach in a
The scheme is in continuation financial inclusion of USVs. record time with remarkable
of National Policy of Street speed and protection of skills
Vendors which seeks to SDG-9: Industry/ of small vendors/micro
provide vending zone for Innovation enterprises.
USVs. It has added to value The scheme is a game changer
to USVs for more productive for micro enterprises (ME) SDG-17: Partnership for
occupational operations with and provide opportunity for the Goals
better hygiene and health for upward movement from ME UNSDG 17 stands for
buyers and sellers. to small enterprise category partnership to achieve SDGs
for higher access to facilities with a target. PMSVANidhi
SDG-5: Gender Equality and concessions along with keeps in mind a record time
The beneficiary USVs integration with overall to almost immediate delivery
constitute 40 percent share production process. of support since its inception.
of women which is a major Data also suggest the
milestone for gender equity. SDG-10: Reduced optimum coverage of USVs
Gender mainstreaming is a Inequalities within a couple of months.
part of PMSVANidhi wherein PMSVANidhi is a path A MODEL FOR URBAN
women either the beneficiary breaking initiative to reduce
or as family member of USV inequalities among lowest ECONOMIES
tends to benefit for raising strata (MEs) of income group PMSVANidhi while covering
their economic and social who as per a recent study 25 percent of urban micro
status. earn less than minimum (single worker/own account
October, 2022, Volume 23. No.2 - SHELTER 61
