Thiruvananthapuram, Jan. 23 -- Prime Minister Narendra Modi on Friday said that a major shift has taken place in financial inclusion in India, as street vendors are now being provided credit cards under the PM SVANidhi scheme, a facility that was once accessible only to wealthy people.

Addressing a gathering in Kerala's capital city Thiruvananthapuram here after flagging off three Amrit Bharat trains, launching the development projects, and announcing the PM SVANidhi Credit Card, PM Modi said, "Previously, only wealthy people had credit cards, but now street vendors also have SVANidhi credit cards."

The Prime Minister said the launch of PM SVANidhi credit cards marks a significant step towards financial inclusion and empowerment of stre...