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PM Modi to disburse SVANidhi loans to 300,000 street vendors on October 27

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New Delhi, Oct 26: Prime Minister Narendra Modi is all set to virtually distribute loans to nearly 300,000 street vendors under the PM SVANidhi Scheme (Pradhan Mantri Street Vendor's Atmanirbhar Nidhi Yojana) on Tuesday. The Prime Minister would also virtually interact with the beneficiaries, additional chief secretary, information, Navneet Sehgal said.

PM Modi

Under PM SVANidhi scheme, street vendors can get working capital of up to Rs 10,000 at subsidised rates. Uttar Pradesh has so far received 557,000 applications from vendors, the highest across the country.

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Sehgal said the state government was working on 'Mission Employment'. "Special effort is on to fill up vacancies in the government and recruitment process is being expedited. Efforts are also on to generate employment in the private sector and industry," he said.

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On Saturday, PM Modi inaugurated three development projects in Gujarat and congratulated the state for the "marvellous" work the state has done in the irrigation sector. "All these three projects are symbols of Gujarat's prosperity," PM Modi said in his online address.

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    Inaugurating Kisan Sarvoday Yojana, under which farmers will be able to avail power supply from 5 am to 9 pm for irrigation purposes, PM Modi said, "Farmers will get day-time power supply. Those who know about agriculture are aware that farmers get electricity only at night. But now this will change for Gujarat farmers. But there should be more focus to save water. One drop, more crop should be our mantra. If we waste water as we will be getting water throughout the day, then the purpose will be defeated."

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