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Home » News » National
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PM Modi Launches Loan Distribution Program for Small Traders

Indian Community Editorial TeamBy Indian Community Editorial TeamJanuary 23, 20261 Min ReadNo Comments Add us to Google Preferred Sources
PM Modi Launches Loan Distribution Program for Small Traders
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Prime Minister Narendra Modi inaugurated the loan and credit card distribution program under the PM SVANidhi Scheme from Thiruvananthapuram, Kerala. A similar event took place at the Municipal Council premises in Shahdol district, Madhya Pradesh. Eligible beneficiaries received loan amounts during the program.

The PM launched the program nationwide from Thiruvananthapuram, distributing loan amounts to beneficiaries in Shahdol district. BJP MLA Manisha Singh praised the scheme, stating that it empowers small traders and street vendors financially. The distribution of credit cards under the scheme has also commenced.

Ghanshyam Jaiswal, Shahdol Municipal Council President, highlighted the scheme’s benefits, mentioning the increase in loan amounts provided. Divya Dwivedi, a beneficiary, shared her success story, expressing gratitude for the scheme’s support in starting a tailoring business. Another beneficiary, Gagan Barman, credited the scheme for helping expand his general store business.

Bank of India BJP Divya Dwivedi Gagan Barman Ghanshyam Jaiswal kerala Madhya Pradesh Manisha Singh Narendra Modi Shahdol SVANidhi Scheme Thiruvananthapuram.
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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