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HomeIn PicturesIn photos, Modi woos traders by announcing collateral-free loan & other schemes

In photos, Modi woos traders by announcing collateral-free loan & other schemes

PM Modi also announced at the convention that if re-elected, he would form a National Traders' Welfare Board.

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New Delhi: Prime Minister Narendra Modi addressed a traders’ convention Friday in New Delhi and assured that if his government was brought back to power, traders would be allowed to take up a loan up to Rs 50 lakh without collateral, conveying that this community formed the backbone of the Indian economy.

He also announced that if re-elected, he would form a National Traders’ Welfare Board, introduce credit cards for traders and initiate a pension scheme for small shopkeepers.

ThePrint brings you photos from the event held in New Delhi’s Talkatora Stadium.

 Tall order

PM Modi passes by a giant hoarding on his way to the podium | Photo: Praveen Jain | ThePrint

Bhaiyon aur Behnon

PM Modi spoke to a packed audience | Photo: Praveen Jain | ThePrint

 At your service

‘I have tried to make your life and business easy in last five years,’ said PM Modi | Photo: Praveen Jain | ThePrint

Elect me again

‘I consider you (traders) as biggest stakeholder of the economy. Opposition parties remember you only on special occasion,’ he said | Photo: Praveen Jain | ThePrint

(With PTI inputs)

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3 COMMENTS

  1. Whose money? It was same question BJP asked Congress minimum income. Both parties are fooling voters. Thousands are already getting money from banks, Modiji is adding more. When we go to banks to take our own money beyond a lakh, there are restrictions.

  2. This is a huge scam in the making as loan without collateral will become an organised scam to wipe out the PSU banks funds. All poll promises and manifestoes schemes that targets certain geographies, caste, communities, trades, etc, etc whose benefit is not extended to 100% of the population should be funded by the political party making the promises and not from tax payer’s money. By the way when will honest tax payers get a fair deal in this country?

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