Hawkers in Delhi market can’t get street vendor loan as NDMC doesn’t consider them legitimate, but civic body also hasn’t done survey to identify valid vendors in 3 yrs.
The scheme aims to facilitate collateral-free working capital loans to street vendors who want to restart their businesses that were adversely impacted during Covid-19 lockdown.
Civil and legislative bodies should formulate a simple and accessible legal framework for the regulation of street vendors to safeguard their rights, writes Priyank Nagpal.
Study by Nobel laureate Abhijit Banerjee & other scholars from US, UK and Canada found that fresh produce vendors charge high mark-ups but fail to adopt competitive market practices.
A total of 32.26 lakh loans were disbursed under the PM SVANidhi scheme between June 2020 & May 2022, according to data revealed by the Union Ministry of Housing and Urban Affairs.
Of total loans disbursed to over 20 lakh street vendors until 29 March, PSBs gave loans to over 18 lakh applicants while private banks distributed loans to just 32,534.
Massive crowds at Baba ka Dhaba are mostly selfie-seekers, brands are fighting sponsorship war. But the 10-member family living in two-room slum house is not complaining.
Under Vikas Khanna's #FeedIndia initiative, satellite kitchens have been set-up along road sides and highways to help those heading home or stranded due to the Covid lockdown.
For now, street food and Indians are going to be in a long-distance relationship. But as India slowly unlocks, the country's 30 lakh street chefs have some good news.
A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.
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