NEW DELHI: Finance minister
Nirmala Sitharaman
on Thursday announced that Rs 5,000 crore credit facility will be given to 50 lakh
street vendors
hit by the coronavirus-induced lockdown.
Addressing a press conference, the Union minister said the government will launch a special scheme within a month to facilitate easy access to credit to the street vendors.
More on Covid-19
“We will provide Rs 5,000 crore special
credit facility for street vendors
. The initial working capital of Rs 10,000 will be provided to them,” the minister said.
“The Covid-19 lockdown has had an adverse impact o