Financial Inclusion and Energy Conservation: NITI Aayog’s Compendium on Best Practices in Social Sector 2023

Content for Mains Enrichment (CME)

 

Source: Niti Aayog

 

Every day, in this section we are bringing best practices from each category. Today’s best practices will cover  ‘Financial inclusion and Energy conservation’

Initiative Components Impact
PM SVANidhi (Ministry of Housing and Urban Affairs) For providing working capital loans to urban street vendors affected by the COVID-19 pandemic, and other benefits to their family members

 

Components:

·        SVANidhi se Samriddhi programme (for Socio-economic profiling of beneficiaries to link them to other schemes)

·        Swadisht Vyanjan Ki Adhunik Dukaan (SVAD) (to increase the delivery footprint of street vendors)

·        Main Bhi Digital campaign (vendors are trained to become digitally active)

Over 26 lakh street vendors across India have availed benefits. More than 24 lakh street vendors have been onboarded digitally.
Project Uddyam (Talasari, Palgarh, Maharashtra) For enhancing the income of the tribal households and creation of local women managers for local collectives Agro-extension services to over 10,000 farmers; 20 Warli paintings producer groups formed, community cadres organized.
Telangana State Energy Conservation Building Code (ECBC) for commercial buildings Effective implementation of the Energy Conservation Building Code (ECBC) Around 430 commercial buildings have been certified as ECBC compliant. Received National Energy Conservation Award, 2020 from Bureau of Energy Efficiency
Ethanol Blending (Department of Food and Public Distribution) Production of ethanol from sugarcane and its benefits to the Indian economy Reduction in oil import bills, improvement in air quality, investment opportunities, and addressing the problem of excess sugarcane/sugar.