City
Epaper

PM Modi to distribute loans to 1 lakh street vendors on March 14

By IANS | Updated: March 13, 2024 20:25 IST

New Delhi, March 13 Prime Minister Narendra Modi will on Thursday (March 14) distribute loans to 1 lakh ...

Open in App

New Delhi, March 13 Prime Minister Narendra Modi will on Thursday (March 14) distribute loans to 1 lakh street vendors, including 5,000 of them from the national capital, under the PM SVANidhi scheme, an official said on Wednesday.

PM SVANidhi scheme was launched on June 1, 2020 amid the global economic crisis caused by the pandemic as part of PM Modi's vision to provide economic support to the marginalised sections.

"More than 82 lakh loans, amounting to over Rs 10,978 crore, have been disbursed to more than 62 lakh street vendors across the country under the scheme. Delhi alone has witnessed the distribution of nearly 2 lakh loans, amounting to Rs 232 crore. The scheme continues to be a beacon of financial inclusion and holistic welfare for those who have been historically underserved," the PMO said in a statement.

During the programme, PM Modi will also lay the foundation of two additional corridors of Delhi Metro -- Lajpat Nagar - Saket-G Block, and Inderlok - Indraprastha.

These corridors will together be of more than 20 km length and help improve connectivity and further reduce traffic congestion.

The stations on Lajpat Nagar to Saket G- Block corridor will include Lajpat Nagar, Andrews Ganj, Greater Kailash -1, Chirag Delhi, Pushpa Bhawan, Saket District Centre, Pushp Vihar, Saket G - Block.

The stations on Inderlok - Indraprastha corridor will include Inderlok, Daya Basti, Sarai Rohilla, Ajmal Khan Park, Nabi Karim, New Delhi, LNJP Hospital, Delhi Gate, Delhi Sachivalaya and Indraprastha.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MumbaiMumbai Scam: Two Cab Drivers Arrested After Extorting ₹1,300 and $3,500 from Foreign Tourists

InternationalNepal: Gai Jatra observed to commemorate memory of loved ones

EntertainmentInside Salman Khan's heartwarming Rakhi celebrations with family

NationalRG Kar victim's mother stable, family might take legal action for 'police attack'

Cricket"I wanted to stay there for as long as possible": Akash Deep on his gritty 66 at The Oval

National Realted Stories

NationalPM Modi to inaugurate 184 new multi-storey flats for MPs in Delhi

NationalECI shares details of persons not included in Bihar draft electoral roll with political parties

NationalCongress planning to rake up BC quota issue in Telangana local body polls

NationalA year later, too many questions remain unanswered in RG Kar rape-murder case

NationalUttarkashi cloudburst: BRO, Army constructs Bailey bridge in Dharali to restore vital link