Street Vendors

The government will enhance its focus on providing micro-credit facility in the range of Rs 3,000-5,000 to street vendors in 2023, with the help of digital technologies, Union IT and Telecom Minister Ashwini Vaishnaw said on Saturday. While speaking at Digital India Awards, Vaishnaw said that Prime Minister Narendra Modi has allocated around Rs 52,000 crore for taking 4G and 5G services across all nooks and corners of the country for digitally connecting every citizen. "In 2023 there will be a big focus on providing credit facilities to street vendors in a simplified manner to meet small credit requirements of Rs 3,000-5,000," Vaishnaw said. The minister said that the country will see the roll out of indigenously developed 4G and 5G technologies this year. He said that very soon the country will witness the setting up of an electronic chip manufacturing plant in the country in line with PM Modi's vision to make India self-reliant in the field of technology. The PM Street Vendor's

The BJP on Friday announced its "commitment" to regularise weekly markets of street vendors and hawkers, hours before the culmination of campaigning for civic polls. Addressing a press conference, National Spokesperson Gaurav Bhatia said except the BJP, other parties only focused on street vendors and hawkers but forgot them after the elections. The eight lakh street vendors and hawkers in Delhi work hard to earn their livelihood, he said. He said, "We want to make it clear that we stand with them. It has been their demand to be regularised. Taking cognizance of their demands, we are saying it today with full responsibility that it is their right to be regularised. "The BJP is committed that street vendors and hawkers are regularised and self-dependent." In June 2020, Prime Minister Narendra Modi started the PM SVANidhi scheme to provide financial assistance of Rs 10,000 to each street vendor in a move aimed to ensure their self dependence. Bhatia also said there were 11 zones in

The Street Vendors Act, 2014 aims to protect livelihood rights and social security of street vendors but its implementation has been sluggish

A 20-member team has been formed headed by Deputy Municipal Commissioner Vijaypal Yadav, to shift registered street vendors operating in unauthorised areas to the designated vending sites

Union housing and urban affairs minister Hardeep Singh Puri on Thursday said that only 12-13 per cent of loans disbursed to street vendors turned out to be bad loans

Imported fare makes way for homegrown produce

The approval was given by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi

… and I learn more about economic trends than from books

Urban local bodies here have approved and issued 1.09 lakh letters of recommendation for loans to banks under a micro-credit scheme for street vendors

The bench said all street vendors must be paying their 'haftas' to authorities that is why they are sitting there

Is looking to increase limit of working capital loan to Rs 25,000 from Rs 10,000 currently, apart from raising maximum guarantee it provides on loans to 25% from 15%

Their businesses hit by the pandemic, the government micro-credit scheme could have helped the poorest of India's street vendors. But only 11% of them could get a loan

Reserve Bank on Thursday extended the scheme for encouraging deployment of Point of Sale (PoS) infrastructure to street vendors covered under the PM SVANidhi programme in tier 1 and 2 centres.

With this, these street vendors would be able to serve customers within the safety of their own homes, service a much larger user base with Zomato's technology and last-mile delivery

Zomato on Friday said it has signed an agreement with the Ministry of Housing and Urban Affairs (MoHUA) to onboard 300 food street vendors on its platform

Implementation of the PM SVANidhi scheme, meant to help street vendors, has been erratic with banks

What has triggered this partnership and what are Swiggy's plans to achieve it? In this podcast, Business Standard's Peerzada Abrar explains the initiative

In the first phase alone, Swiggy will onboard about 36,000 vendors to whom the loan has been disbursed in 125 cities by the government

Online food delivery platform Swiggy announced the expansion of its Street Food Vendors programme that will benefit 36,000 people in 125 tier 2 and 3 cities in the first phase.

To run a pilot by on-boarding 250 vendors across five cities