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Impact of Government Policies and Licensing on the Economic Stability of Street Vendors (Svs)

Bibliographic Data

ID22196824
AuthorsDipali V Soitkar Dipali V Soitkar, Dipali V Soitkar (G.S. Science, Arts And Commerce College), Sanjay S Tekade Sanjay S Tekade, Sanjay S Tekade (Jawaharlal Nehru Medical College)
Year2024
Volume5
Issue7
Publication date2024-07-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueShodhKosh: Journal of Visual and Performing Arts (JOURNAL)
Journal identifiersISSN: 2582-7472 • E-ISSN: 2582-7472
PublisherGranthaalayah Publications and Printers (PUBLISHER • IN)
DOI10.29121/shodhkosh.v5.i7.2024.5275
OpenAlexW4410904394
LanguageEN
References cited2

This study looks into how licensing and governmental regulations affect the financial stability of street sellers in Nagpur. Through the use of structured questionnaires and a descriptive study approach, 150 street vendors provided primary data. According to the report, licensed merchants have greater access to governmental financial programs like the PM SVANidhi loan and earn noticeably higher salaries. However, a sizable percentage of vendors are not aware of pertinent laws and do not have proper licenses, which restricts their capacity to take advantage of these programs. The favourable correlation between license, policy knowledge, and economic consequences is confirmed by t-tests and chi-square tests. In order to promote the sustainable existence of street vendors in urban environments, the study emphasises the necessity of better policy outreach, streamlined licensing procedures, and strengthened support systems

Business · Urban and Rural Development Challenges · Water Governance and Infrastructure

  • Urban Informality

    Ananya Roy•Journal of the American Planning…•2005

Citation velocityhistorical
Highly citedNo
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