Prime Minister Narendra Modi will interact with beneficiaries of the PM Street Vendors' Aatmanirbhar Nidhi (PM SVANidhi) scheme from Madhya Pradesh on Wednesday, the Prime Minister's Office said in a statement.
The Union government had launched the PM SVANidhi scheme on June 1 to help poor street vendors impacted by the COVID-19 pandemic resume livelihood activities.
Modi will also interact with three beneficiaries from the state by connecting virtually with them from their vending locations, the PMO said, adding that as many as4.5 lakh street vendors were registered in Madhya Pradesh, with more than four lakh vendors having been given identification and vendor certification.
Applications of 2.45 lakh eligible beneficiaries of the scheme have been presented through the portal to banks for credit facility, out of which acceptance has been granted to around 1.4 lakh street vendors of amount worth Rs 140 crore, it said.
"The state of Madhya Pradesh stands first in the number of total applications accepted, with 47% of these coming from the state alone," the statement added.
Arrangements for beneficiaries of the scheme in the state to watch the programme in public places have been made through LED screens in 378 municipal bodies, it said, noting that Chief Minister Shivraj Singh Chauhan, will also participate in the programme through video conferencing.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.