Prime Minister Narendra Modi will address beneficiaries of PM SVANidhi scheme at the Jawaharlal Nehru Stadium here on Thursday and distribute loans to one lakh street vendors.
He will also lay the foundation stone of two additional corridors of Delhi Metro’s Phase 4 during the programme.
PM SVANidhi was launched by the Prime Minister on 1st June, 2020 to provide economic support to the marginalised sections amidst the global economic crisis caused by the pandemic.
It has proven to be transformative for the marginalised communities of the street vendors. Till now, 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.
Delhi alone has witnessed the distribution of nearly two lakh loans, amounting to Rs 232 crores. The scheme continues to be a beacon of financial inclusion and holistic welfare for those who have been historically under-served.
During the programme, the Prime Minister will also lay the foundation stone 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 will help improve connectivity and further reduce traffic congestion.
The stations on the 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 the 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.