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SVANidhi Scheme: PM Modi interacts with street vendors on easy loan scheme, disburses loans to 3 lakh vendors

PM Modi introduced SVANidhi scheme on June 1, 2020, to help poor street vendors impacted by Covid-19. Till date, 24 lakh applications have been received under the scheme, out of which more than 12 lakh have been sanctioned and Rs 5.35 lakh loans have been disbursed.

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PM Modi

Prime Minister Narendra Modi on Tuesday interacted with street vendors of Uttar Pradesh via video conferencing, regarding the beneficiaries of Pradhan Mantri Atmanirbhar Nidhi Yojana (PM SVANidhi Scheme). The PM virtually distributed loans to 3 lakh street vendors under the scheme.

PM Modi praised bank employees for working hard during the Covid-19 pandemic outbreak and appreciated them for helping poor street vendors to get benefits of government schemes. The PM said there was a time when street vendors were not used to going inside banks but in his government, banks are now going to their homes.

PM Modi interacted with one street vendor Priti, a fruit seller from Agra. During the interaction with her, PM asked her about the problems she faced during the lockdown and how the PM SVANidhi scheme gave her benefits. He spoke to Arvind, a momo seller, and Vijay Bahadur, a chana seller, and asked them how the scheme has helped them gain a livelihood.

During the video conference, one street vendor told PM that the loan disbursed under the PM SVANidhi Scheme was a paperless and hassle-free affair. The vendor added that workers who were providing the loans used technology and digital payment to maintain cashless transaction and at the same time maintain social distancing norms.

PM Modi introduced SVANidhi scheme on June 1, 2020 to help poor street vendors impacted by Covid-19. Till date, 24 lakh applications have been received under the scheme, out of which more than 12 lakh have been sanctioned and Rs 5.35 lakh loans have been disbursed.

Read Also: Lankan Navy attacks Indian fishermen over trespass, 1 injured

Under this scheme, street vendors, who were affected by the coronavirus lockdown and facing difficulties to run their business, can get working capital of up to Rs 10,000 at lower interest. The scheme is valid until March 2022.

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Rahul Gandhi alleges institutional bias, questions electoral system during Berlin address

Rahul Gandhi alleged that India’s institutions and electoral system have been weaponised to favour the BJP, remarks that sparked a strong political response.

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Rahul-Gandhi

Leader of the Opposition in the Lok Sabha, Rahul Gandhi, has said that India’s institutional framework is facing a serious challenge and has been used to favour the ruling BJP. Speaking during an interaction at the Hertie School in Berlin, Gandhi questioned the functioning of key institutions and the electoral machinery, remarks that triggered a sharp political response from the BJP.

Gandhi said the Congress believes there is a problem with the electoral system and alleged that several institutions have been captured. Referring to investigative agencies, he claimed that bodies such as the CBI and the ED have been used as political tools. According to him, cases filed by these agencies overwhelmingly target those opposing the BJP, while leaders from the ruling party face none.

He also pointed to what he described as a stark financial imbalance between the BJP and the opposition, claiming a funding ratio of 30:1. Gandhi said this disparity reflects how institutions are being used to consolidate political power.

Opposition strategy and INDIA alliance

The Congress leader said merely pointing out problems in elections is not enough and stressed the need for the opposition to build a system of resistance that can effectively counter the ruling party. He added that the challenge now goes beyond electoral contests and is about presenting an alternative vision for the country.

On the INDIA alliance, Gandhi said the unity among opposition parties is rooted in their rejection of the ideological position of the RSS. While acknowledging that tactical contests between alliance partners will continue, he said they remain united when it comes to opposing laws they disagree with and working together in Parliament.

BJP hits back at remarks abroad

Gandhi’s comments delivered overseas drew a strong reaction from the BJP. Party president and Union minister JP Nadda accused him of speaking against India while Parliament is in session and claimed that he was undermining the country’s image at a time when the Prime Minister is receiving global recognition.

BJP spokesperson Shehzad Poonawalla also criticised Gandhi, alleging that he routinely travels abroad to defame India. He accused the Congress leader of making misleading claims about the country’s institutions and economic activity while praising China.

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DU VC Prof Yogesh Singh entrusted with additional charge of AICTE Chairman

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Prof. Yogesh Singh, Vice Chancellor of the University of Delhi, has been entrusted with the additional charge of the post of Chairman, AICTE till the appointment of a Chairman of AICTE or until further orders, whichever is earlier.

It is noteworthy that AICTE Chairman Prof. TG Sitharam was relieved of his duties after his term ended on December 20, 2025. According to a letter issued by the Ministry of Education, Government of India, on Monday, Prof. Yogesh Singh’s appointment is until the appointment of a regular AICTE Chairman or until further orders whichever is earlier.

Prof. Yogesh Singh is a renowned academician with excellent administrative capabilities, who has been the Vice-Chancellor of University of Delhi since October 2021. He has also served as the Chairperson of the National Council for Teacher Education. In August 2023, he was also given the additional charge of Director of the School of Planning and Architecture (SPA).

Prof. Yogesh Singh served as the Vice-Chancellor of Delhi Technological University from 2015 to 2021; Director of Netaji Subhas Institute of Technology, Delhi from 2014 to 2017, and before that, he was the Vice-Chancellor of Maharaja Sayajirao University, Baroda (Gujarat) from 2011 to 2014. He holds a Ph.D. in Computer Engineering from the National Institute of Technology, Kurukshetra. He has a distinguished track record in quality teaching, innovation, and research in the field of software engineering.

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Goa nightclub fire case: Court extends police custody of Luthra brothers by five days

A Goa court has extended the police custody of Saurabh and Gaurav Luthra, owners of the nightclub where a deadly fire killed 25 people, by five more days.

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Luthra brothers

A court in Goa on Monday extended the police custody of Saurabh Luthra and Gaurav Luthra, the owners of the Birch by Romeo Lane nightclub, by five more days in connection with the deadly fire incident that claimed 25 lives on December 6.

The order was passed as investigators sought additional time to question the two accused in the case linked to the blaze at the Anjuna-based nightclub.

Owners were deported after fleeing abroad

According to details placed before the court, the Luthra brothers had left the country following the incident and travelled to Thailand. They were subsequently deported and brought back to India on December 17, after which they were taken into police custody.

Advocate Vishnu Joshi, representing the families of the victims, confirmed that the court granted a five-day extension of police custody for both Saurabh and Gaurav Luthra.

Another co-owner sent to judicial custody

The court also remanded Ajay Gupta, another owner of the nightclub, to judicial custody. Police did not seek an extension of his custody, following which the court passed the order, the victims’ counsel said.

The Anjuna police have registered a case against the Luthra brothers for culpable homicide not amounting to murder along with other relevant offences related to the fire incident.

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