Street vendors have done digital transactions worth Rs 50,000 crore in a short span
Prime Minister Narendra Modi on Thursday launched MUMBAI 1 mobile app and National Common Mobility Card (Mumbai 1). The app supports digital payment to buy tickets through UPI. It facilitates ease of travel and can be shown at the entry gates of metro stations.
The National Common Mobility Card (Mumbai 1) will initially be used in metro corridors and can be extended to other modes of mass public transit including local trains and buses as well. Commuters will not need to carry multiple cards or cash; the NCMC card will enable quick, contactless, digital transactions, thereby easing the process with a seamless experience.
Transfer of loans
Further, the PM also launched the transfer of approved loans of over one lakh beneficiaries under the PM SVANidhi Yojana. This scheme is meant for street vendors to receive loan amounts from Rs10,000, Rs 20,000 and Rs 50,000 through DBT( direct benefit transfer). The respective amount got deposited into the bank accounts of 1 lakh hawkers within half an hour after the PM clicked the DBT mechanism.
Addressing the large gathering at MMRDA ground at BKC, the PM said, “SVANidhi has benefitted 35 lakh street vendors by providing affordable and collateral-free loans. There are 5 lakh beneficiaries in Maharashtra alone. Street vendors have done digital transactions with Rs 50,000 crore in a short span of time. Digital India is a live example of the fact that when ‘sabka prayas’ (collective efforts) are there, nothing is impossible.”
During the Amrit Kaal, many cities of Maharashtra will drive India’s growth, the PM said, adding: “India is spending on its physical and social infrastructure with a futuristic thinking and modern approach. The world is showing faith in the resolve of India. Development cannot be realised in a city like Mumbai, till the time urban local body also has the same priority for rapid development. Coordination between the Centre, states and local bodies is critical for the development of Mumbai.”
Infra boost for Mumbai
The PM also inaugurated and laid the foundation stone of projects worth around Rs 388 billion in Mumbai. He dedicated to the nation Mumbai Metro Rail Lines 2A & 7, worth around Rs 126 billion. These lines will start from January 20. The foundation stone of these lines was originally laid by the PM in 2015.
In an effort to strengthen healthcare infrastructure in Mumbai, PM inaugurated 20 clinics of ‘Hinduhridaysamrat Balasaheb Thackeray Aapla Dawakhana’, which will provide essential medical services like health checkup, medicines and diagnostics completely free, to the people.