New Delhi, April 20 -- Prime Minister Narendra Modi promised traders Rs 50 lakh loan without any collateral, credit card facility and a pension scheme for small shopkeepers as he made a strong re-election pitch to the business community.

He said this while addressing a Traders National Convention held at Talkatora Stadium here and also lauded the yeomen services rendered by business community in development of economy and the nation.

Modi termed their role as a backbone of country's economy.

Thousands of traders from Delhi and other States were present in the convention.

Welcoming the Prime Minister, CAIT in its press release said, This meeting of Prime Minister with traders at a juncture when election campaigning is at a high swing...