Prime Minister has launched Swanidhi Credit Card and new Amrit Bharat Express trains in Kerala. These initiatives will promote small businesses by providing interest-free loans to street vendors and improving connectivity with neighboring states.
PM Modi launches Swanidhi credit card and new trains in Kerala. These initiatives will help small businesses and improve connectivity.
It is an interest-free credit card linked to UPI. With this, street vendors can easily expand their business by taking loans. Modi has called it a big step for the welfare of the poor.
Svanidhi scheme has changed the lives of people. Now credit cards are not limited only to the rich but have also reached the street vendors. The government itself is playing the role of guarantor.
Modi said that more than 4 crore houses have been built in the country under the PM Awas Yojana. In Kerala, 1.25 lakh urban poor got permanent houses. A developed Kerala is the foundation of a developed India.
The new trains will connect Kerala with Tamil Nadu, Karnataka, Telangana and Andhra Pradesh. Also, the CSIR-NIIST Hub will promote innovation and startups, thereby creating employment opportunities.