Women account for 46% of street vendor credit scheme beneficiaries, says PM Modi
The PM also called upon citizens to support the government's campaign to protect the youth from drug addiction.
Prime Minister Narendra Modi announced on his monthly address, Mann Ki Baat, that women constitute 46% of beneficiaries under the PM SVANidhi scheme, which provides credit to street vendors for business expansion. The scheme, launched in 2020, has benefited 3.5 million women, enabling many tea stall owners, vegetable sellers, fruit vendors, and lamp sellers to grow their businesses.
Modi highlighted that around 35 lakh women across the nation are utilizing the scheme to expand their enterprises. The PM SVANidhi scheme has disbursed ₹19,203 crore in loans to 7.8 million beneficiaries since its inception. The Prime Minister also encouraged citizens to support the "Nasha-mukt Yuva for Viksit Bharat" campaign, aiming to create a drug-free youth and India.
Additionally, he urged content creators to produce material in multiple languages to combat drug addiction. Modi emphasized the importance of supporting local products, promoting "vocal for local" as a way to foster self-reliance in India. He also celebrated the growing demand for avocados, which have boosted farmers' incomes as more people choose the fruit over other options.
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