New Delhi, March 14 -- Prime Minister Narendra Modi on Thursday distributed loans to one lakh street vendors (SVs) including 5,000 from Delhi under the SVANidhi scheme.

During the event at JLN Stadium here, he handed over PM SVANidhi loan cheques to five beneficiaries.

Addressing the beneficiaries, Modi said till date 62 lakh of them have received assistance worth Rs 11,000 crores.

He expressed delight that more than half of the beneficiaries are women. Recalling the launch of PM SVANidhi Yojna during the COVID-19 pandemic, the Prime Minister threw light on a recent study which stated that the income of street vendors has grown manifold.

"Today, around 1 lakh beneficiaries across the country have received the direct transfer of money in...