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Uttar Pradesh has greatly benefitted from PM SVANidhi scheme: PM
Banks are reaching the doorsteps of poor to provide loans for helping the latter start their ventures: PM
For the first time since independence street vendors are getting unsecured affordable loans: PM Modi

The Prime Minister Shri Narendra Modi interacted with beneficiaries of PM SVANIDHI Yojana from Uttar Pradesh through video conferencing.

The Prime Minister while interacting with the beneficiaries gave suggestions on benefits of digital payment and how to get cashback benefits. He also said with this money one can have proper education and a better career.

Later in his address, the Prime Minister said earlier it was difficult for even the salaried people to approach the banks for loans while the poor and the street vendors could not even think of approaching the bank. But now, he said, the banks are reaching the doorsteps of people to provide loans for helping the latter start their ventures.

The Prime Minister wished the beneficiaries and lauded the bankers for their efforts. He said their efforts will help the poor celebrate their festivals. He said this day is an important day for AatmaNirbhar Bharat and the day to honour the street vendors. He said the nation recognizes their contribution towards self-reliant India. He said when the Corona pandemic broke out, other nations were concerned how their workers would cope, but in our country our workers have proved that they can surmount any challenge and can fight back and win.

The Prime Minister said the Government launched the Garib Kalyan Yojana with a package of Rs 1 Lakh 70 thousadnd crores to mitigate the sufferings of the poor during the pandemic. He said in the economic stimulus of Rs 20 lakh crores the focus was on the poor. He expressed happiness that the street vendors can resume their work and become self-sufficient again.

Shri Narendra Modi appreciated the speed with which the scheme is being implemented across the country. The Prime Minister said there is no need for a guarantor for the loans under the Svanidhi Scheme and that the provision of loans is hassle free. One can upload the application online oneself at any common service center or Municipal office or by going to a bank.

The Prime Minister said for the first time since independence street vendors are getting unsecured affordable loans. He said the maximum applications of urban street vendors have come from UP. He said under this scheme, out of the 25 lakh loan applications received in the country, more than 6.5 lakh applications are from UP alone. Out of the 6.5 lakh applications received from UP, 4.25 lakh applications have been approved. He said that stamp duty has been exempted for the loan agreement of Swanidhi Yojana in UP.

The Prime Minister thanked the Government of UP for providing financial assistance of Rs 1000 to 6 lakh street vendors during the pandemic.

He said that most of the street vendors who were given the loan through the Swanidhi scheme are repaying their loan on time proving that small time borrowers do not compromise on their honesty & sincerity.

The Prime Minister urged the need to spread awareness about the scheme to as many people as possible. He said under this scheme there will also be a 7 percent discount on interest on timely repayment and there will be Rs 100 cashback a month on digital transactions.

The Prime Minister remarked that people doubted the efficacy of the Jan Dhan accounts but that the same today are helping the poor at the time of crisis.

He listed the initiatives of the Government for the welfare of the poor.

On this occasion the Prime Minister assured the street vendors, workers and farmers that the country will leave no stone unturned to advance their business and improve their life.

Click here to read full text speech

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There is no substitute to testing, tracking and treatment: PM
All necessary measures must be taken to ramp up the availability of hospital beds for Covid patients: PM
Local administrations need to be proactive and sensitive to people’s concerns: PM
PM reviewed the status of supply of Remdesivir and other medicines
Installation of approved medical oxygen plants should be accelerated: PM
Utilize the entire national capacity to ramp up vaccine production: PM

Prime Minister Narendra Modi chaired a meeting to review the status of preparedness to handle the ongoing Covid-19 pandemic. Various aspects relating to medicines, oxygen, ventilators and vaccination were discussed.

The Prime Minister said that together India had defeated Covid last year & India can do it again, with the same principles but faster speed and coordination.

The PM stressed that there is no substitute to testing, tracking and treatment. Early testing and proper tracking remains key to reduce mortality. He also said that local administrations need to be proactive and sensitive to people’s concerns.

The Prime Minister directed that close coordination with States must be ensured in handling the pandemic. He said that all necessary measures must be taken to ramp up the availability of hospital beds for Covid patients. The Prime Minister also directed that additional supply of beds through temporary hospitals and isolation centres should be ensured.

PM spoke about the need to utilize the full potential of India’s pharmaceutical industry to meet the rising demand of various medicines. He reviewed the status of supply of Remdesivir and other medicines. The Prime Minister was briefed on actions taken to address the issue of availability of Remdesivir. Through the efforts of the Government, capacity and production augmentation for manufacturing of Remdesivir has been ramped up to provide around 74.10 lakh vials/month in May while the normal production output in January-February being just 27-29 lakh vials/month. Supplies have also increased from 67,900 vials on 11th April going up to over 2,06,000 vials on 15th April 2021 which are being particularly focused on states with high caseload and high demand. He took note of the ramped up production capacity, and directed that issues relating to real-time supply chain management to States must be resolved urgently in coordination with the States. The Prime Minister directed that use of Remdesivir and other medicines must be in accordance with approved medical guidelines, and that their misuse and black marketing must be strictly curbed.

On the issue of supply of medical oxygen, the Prime Minister directed that the installation of approved medical oxygen plants should be sped up. 162 PSA Oxygen plants are being installed in 32 States/UTs from PM CARES. The officers informed that 1 lakh cylinders are being procured & they will be supplied to states soon. The officers briefed the PM that they are in constant supply with 12 high burden states in assessing the current and future requirement of medical oxygen. A supply mapping plan for 12 high burden states till 30th April has also been undertaken. The Prime Minister also said that supply of oxygen required for production of medicines and equipment necessary to handle the pandemic should also be ensured.

The Prime Minister also reviewed the status of availability & supply of ventilators. The Prime Minister noted that a real time monitoring system has been created, and directed that concerned State governments should be sensitized to use the system proactively.

On the issue of vaccination, the Prime Minister directed all officials to make efforts to utilize the entire national capacity, in public as well as private sector, to ramp up vaccine production.

He was joined by Cabinet Secretary, Principal Secretary to PM, Union Home Secretary, Union Health Secretary, Pharma Secretary. Dr V K Paul, Niti Aayog was also present.