360° Coverage : Loan scheme for street vendors soon: Minister

Loan scheme for street vendors soon: Minister

New Delhi, Dec 13 (IANS) Describing street vendors as a "neglected lot", Minister of Housing and Urban Poverty Alleviation Ajay Maken Thursday said the government would launch an "innovative" loan scheme for them who live under the reign of fear and terror of municipal bodies and police.

Dec 13 2012, 8:45am CST | by

Loan scheme for street vendors soon: Minister
Photo Credit: SAJJAD HUSSAIN, Getty Images

New Delhi, Dec 13 — Describing street vendors as a "neglected lot", Minister of Housing and Urban Poverty Alleviation Ajay Maken Thursday said the government would launch an "innovative" loan scheme for them who live under the reign of fear and terror of municipal bodies and police.

"The ministry will roll out an innovative loan scheme for street vendors soon and the allocations would be made under different schemes for developing model vendors' markets in different cities," Maken said at the inaugural session of the national convention of street vendors.

The theme of of the convention was 'Challenge 2040: Countering the Marginalisation of Working Poor and Need of Inclusive Central Law for Street Vendors'.

"The street vendors are a neglected lot and hence their welfare is of utmost importance. The vendors do need social protection and more efforts would be made by the government towards this end."

He emphasised that reign of fear and terror of municipal bodies and police against street vendors must stop and their right to secure and dignified livelihood must be ensured through effective legislation.

IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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