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New Delhi, <keyword id="4742614" type="COMPANY" weightage="20" keywordseo="ministry-of-housing-and-urban-affairs">Ministry of Housing and Urban Affairs</keyword> (MoHUA) has joined hands with <keyword id="830092" type="LOCATION" weightage="20" keywordseo="Zomato">Zomato</keyword> for home delivery of <keyword id="6361952" type="UNKNOWN" weightage="20" keywordseo="Street-Food">street food</keyword> in six cities. As a part of Prime Minister <keyword id="456744" type="PERSON" weightage="20" keywordseo="street-vendor">Street Vendor</keyword>'s AtmaNibhar Nidhi (PM SVANidhi) Scheme, the MoHUA entered into MoU with Zomato, to bring <keyword id="6770639" type="COMPANY" weightage="20" keywordseo="street-food-vendors">street food vendors</keyword> on its food-tech platform. In a statement MoHUA said that initially MoHUA and Zomato will run a pilot program by on-boarding 300 vendors across six cities namely - Bhopal, Ludhiana, Nagpur, Patna, Raipur, Vadodara. "The street vendors will be helped with PAN and fssai registration, training on technology/ partner app usage, menu digitization and pricing, hygiene and packaging best practices. Upon the successful completion of the pilot, MoHUA and Zomato plan to expand this initiative across the country in phases," it said. As per the MoHUA, this will give street food vendors online access to thousands of consumers and help these vendors grow their businesses. The MoHUA also launched the Mobile Application for PMSVANidhi se Samriddhi- Socio-economic profiling of PM SVANidhi beneficiaries and their families to link them to various Central government Schemes. "Covid-19 pandemic has restricted consumers from stepping out and forced them to follow physical distancing norms. In the given scenario it is important to connect Street Food Vendors with technology-enabled platforms to help them grow their business, thus helping them gain financially," said the ministry. In a first of its kind initiative, MoHUA entered into an MoU with Swiggy on October 5 last year and it is now joining hands with Zomato to empower street food vendors with digital technology. The MoHUA has coordinated with the key stakeholders including <keyword id="6414396" type="COMPANY" weightage="20" keywordseo="municipal-corporations">Municipal Corporations</keyword>, fssai, Zomato and GST officials to ensure that street food vendors are facilitated in completing the necessary prerequisites for this initiative. SEE ALSO: <a href="https://www.businessinsider.in/policy/economy/news/how-big-is-indias-debt-and-should-it-be-a-worry/articleshow/80688623.cms">How big is India's debt and should it be a worry?</a> <a href="https://www.businessinsider.in/stock-market/news/heres-why-you-arent-being-able-to-apply-for-brookfield-reit-ipo-through-zerodha-groww-angel-broking-and-other-stockbroking-apps/articleshow/80686457.cms">Here's why you aren't being able to apply for Brookfield REIT IPO through Zerodha, Groww and other stockbroking apps</a>

Zomato joins hands with the Indian government to deliver street food in Bhopal, Ludhiana, Nagpur, Patna, Raipur, and Vadodara

<ul class="summary-list"><li>Jesus Morales posts videos about raising money for California <keyword id="466152" type="PERSON" weightage="60" keywordseo="street-vendors">street vendors</keyword> through <keyword id="6762469" type="UNKNOWN" weightage="60" keywordseo="TikTok">TikTok</keyword>.</li><li>Morales asks his followers for donations before presenting vendors with $1,000 in cash.</li><li>His videos of their reactions have been liked millions of times.</li></ul>Jesus Morales, 24, says he is on a mission to support street vendors in <keyword id="6354803" type="LOCATION" weightage="60" keywordseo="Los-Angeles">Los Angeles</keyword> and <keyword id="50578" type="COMPANY" weightage="60" keywordseo="San-Diego">San Diego</keyword> with the help of his one million TikTok followers.Since August, Morales (<a href="https://www.tiktok.com/@juixxe?referer_url=https%3A%2F%2Fjuixxe.com%2F&amp;referer_video_id=6954176670538435845&amp;refer=embed&amp;is_copy_url=1&amp;is_from_webapp=v1s_from_webapp=v1">@juixxe</a> on TikTok) has raised $96,000 to help street vendors get by through donations that his followers send him on <a href="https://juixxe.com/pages/donate">Venmo and CashApp</a>, he told Insider.Morales' videos of vendors receiving the donations have been liked by millions.A child of Mexican immigrants, Morales told Insider that he wanted to do more for the Latinx community."Many of these street vendors are undocumented immigrants who came to this country to look for a better life for themselves and their family," he said. "Seeing the hardships that my parents faced as I was growing up has inspired me to help these street vendors who may be going through the same hardships my parents went through."Morales gives vendors cash donations of $1,000 apiece two to three times a week, he said, though Insider could not independently verify how much he has raised and gifted. In <a href="https://www.tiktok.com/@juixxe/video/6957037918540156166?referer_url=https%3A%2F%2F&amp;is_copy_url=1&amp;is_from_webapp=v1ebapp=v1">one of his most recent videos</a> posted on April 30, Morales shares a recording of his conversation with a 19-year-old fruit vendor. When Morales approaches the vendor with $1,000 in cash, saying that it is a gift from his followers, the vendor asks: "Are you serious?" "We don't make much out here," the vendor added, after accepting the donation. "Sometimes I just make enough to support my family and just something to be able to pay rent." This conversation was particularly memorable for Morales, the TikToker told Insider."He's literally here all by himself, just trying to make a living. He works to be able to provide for his family over in Guatemala," Morales said of the vendor in his video. "I can only imagine how scary that is."In another <a href="https://www.tiktok.com/@juixxe/video/6936345663462460678?referer_url=https%3A%2F%2Fwww.insider.com%2F&amp;referer_video_id=6936345663462460678&amp;refer=embeder=embed">video</a> posted on March 5, Morales has a conversation with a vendor who at first doesn't know how to react to the donation."I don't want to take it," she says. "I don't know if it's right."After accepting the tip, the vendor tells Morales that she needed to send 20,000 pesos, or around $1,000, to her family in Mexico, and that the donation would help her do that. "There's not a lot of business, rent is coming up... and my son passed away," she tells Morales. "I had to send money and now look at this." Morales told Insider that vendors are often hesitant about accepting donations."It just goes to show that they're just not used to being handed anything in life and that they've worked so hard for their money, literally every single penny," he said.Morales said that he was inspired to donate to street vendors by TikTokers <a href="https://www.tiktok.com/@lexylately?lang=en">@LexyLately</a> and <a href="https://www.tiktok.com/@get.it.like.v?lang=en">@Get.it.like.v</a>, who ask for donations from their followers and leave large tips for people in their community."I thought it was incredible that people were able to use their platform to be able to help others, and I wanted to do the same with mine," he said. Morales also sells <a href="https://juixxe.com/collections/all">T-shirts and hoodies</a> on his website, which he said are designed by a friend. He said that 30% of the proceeds go towards donations to vendors. He said that he supports himself through <a href="https://www.tiktok.com/@juixxe/video/6954414721713982726?lang=en&amp;is_copy_url=1&amp;is_from_webapp=v1ebapp=v1">social-media sponsorships</a> and the <a href="https://newsroom.tiktok.com/en-gb/tiktok-creator-fund-your-questions-answered">TikTok creator fund</a> and hopes to continue his street vendor donation project for as long as he can.

A TikToker's viral videos show him giving street vendors $1,000 cash tips funded by his one million followers

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><a href="http://loesheerink.com/">Courtesy of Loes Heerink</a></div></div></div>Sometimes in life, all you need is a change of scenery. Other times, a change of perspective is necessary as well.Loes Heerink has managed to provide us with both in her photo series, <a href="http://www.loesheerink.com">"Vendors from Above."</a>Heerink moved to Hanoi, Vietnam, from the Netherlands, and spent a year photographing the city's street vendors from various bridges."This project started [with] my fascination for the women carrying their goods," she wrote. "They have no clue how beautiful their bicycles are, no idea they create little pieces of art every day."She's now raising funds through <a href="https://www.kickstarter.com/projects/125851434/vendors">Kickstarter</a> to publish a collection of these aerial images, titled "Vendors."Take a look at the preview, below.

Stunning photos of Vietnam's street vendors from above

AP Photo/Wong Maye-EA food truck vendor near Times Square in New York City on March 15, 2020.<ul class="summary-list"><li><a href="https://ny.eater.com/2020/3/19/21185558/nyc-street-food-vendors-coronavirus">New York City's food trucks are shutting down</a> as more New Yorkers stay off the streets to slow the spread of the <a href="https://www.businessinsider.com/category/wuhan-coronavirus">coronavirus</a>, Tanay Warerkar reported for Eater.</li><li>The <a href="http://streetvendor.org/about/">city's more than 10,000 street vendors</a> were not included in the city's mandate to close <a href="https://www.insider.com/new-york-city-mayor-orders-restaurants-bars-theaters-closed-for-coronavirus-2020-3">restaurants and bars</a> with the exception of takeout and delivery.</li><li>But as more people abide by <a href="https://www.insider.com/what-does-social-distancing-mean-how-you-can-practice-it-2020-3,">social distancing</a>, street food vendors are seeing <a href="https://twitter.com/VendorPower/status/1239613680498737152">lost sales of 80% or more</a> and <a href="https://thecity.nyc/2020/03/how-coronavirus-is-upending-new-york-citys-restaurant-world.html?utm_content=bufferaede8&amp;utm_medium=social&amp;utm_source=twitter&amp;utm_campaign=buffer">daily profits of less than $30,</a> forcing many of them to close.</li><li>Most food truck vendors are immigrants and people of color who aren't eligible for benefits like paid sick leave, unemployment insurance, or other safety nets, according to the <a href="https://t.co/mrJWu8eCwC?amp=1">Street Vendor Project.</a></li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Many of New York City's ubiquitous <a href="https://ny.eater.com/2020/3/19/21185558/nyc-street-food-vendors-coronavirus">street food vendors are closing</a> as business plunges because of <a href="https://www.businessinsider.com/category/wuhan-coronavirus">the coronavirus pandemic</a>, Eater reported.The government-mandated shutdowns and severly reduced business due to the pandemic has begun to cripple the restaurant industry. <a href="https://www.businessinsider.com/hospitality-layoffs-danny-meyer-ushg-lays-off-80-percent-workforce-2020-3">Thousands of workers have already been laid off</a> or furloughed. This week, the city's <a href="https://www.insider.com/new-york-city-mayor-orders-restaurants-bars-theaters-closed-for-coronavirus-2020-3">restaurants and bars were ordered to close</a> with the exception of delivery and takeout.Many food truck workers initially tried to stay open because they have no other option, even in a global pandemic, Carina Kaufman-Gutierrez, the deputy director of the Street Vendor Project (SVP), an organization that advocates for New York City's street vendors, <a href="https://documentedny.com/2020/03/19/immigrant-workers-on-the-frontlines-of-covid-19-crisis/">told Documented NY's Olivia Heffernan.</a>"Street vendors are on the frontlines," Kaufman-Gutierrez said. "They have no choice but to go to work. Things are changing so rapidly that contingency plans at this point are: 'Where meals are being offered for families?'" REUTERS/Carlo AllegriA woman gets food from a street vendor in New York City in April 2019.But now, many have no other option but to shut down as New Yorkers stay inside and business slows to a crawl, according to Eater. On Monday, the SVP said many vendors had already experienced <a href="https://twitter.com/VendorPower/status/1239613680498737152">lost sales of up to 80% the week prior</a>."I made 20 bucks all day on Monday and that really doesn't cover anything," Ahmed Ebrahim, who runs a hot dog cart in Manhattan, told Eater. "... There is nothing out there for food vendors. Restaurants can do delivery and takeout, but we don't really have that option."New York City is <a href="http://streetvendor.org/about/">home to more than 10,000 street vendors</a>, which include food trucks, hot dog vendors, flower vendors, and book vendors, according to the SVP, a part of the Urban Justice Center, which provides legal aid and advocacy for marginalized communities. Most street vendors are immigrants and people of color, and their customers are often other low-wage immigrants of color, according to Documented.Los Angeles put a <a href="https://la.eater.com/2020/3/18/21184389/la-city-council-motion-ban-cancel-street-food-vending-legal-coronavirus-covid-19">"temporary moratorium" on street vending this week</a>, but New York City has no plans to do the same, a spokesperson for the mayor told Eater.Are you a street food vendor in New York City who's been affected by the coronavirus pandemic? Have a story to share? Email this reporter at kwarren@businessinsider.com. <h3>NOW WATCH: <a href="https://www.businessinsider.com/coronavirus-anxiety-therapy-advice-self-care-2020-3">Why you shouldn't judge yourself for having coronavirus anxiety, according to a therapist</a></h3>

NYC's food trucks are shutting down, but it's not because the city is telling them to - it's because so many people are staying inside

<ul class="summary-list"><li>Street vendors in Paris were found storing food in the city's sewers, per Le Parisien. </li><li>Several videos show vendors putting items into and taking them out of the ground.</li></ul>Street vendors in Paris have been caught storing food in the city's sewers, local newspaper <a target="_blank" href="https://www.leparisien.fr/paris-75/paris-au-champ-de-mars-la-pate-a-crepes-vendue-a-la-sauvette-est-stockee-dans-des-bouches-degout-08-10-2023-IHE2663DQNHSLMFPGBJFSAYIPY.php">Le Parisien</a> reported in October.These vendors, who sell <a target="_blank" href="https://www.businessinsider.com/savory-crepe-is-perfect-breakfast-2016-2">crepes</a> and sandwiches, were found storing ingredients in manholes along the <a target="_blank" href="https://www.insider.com/tiktoker-debunks-romantic-notions-around-paris-london-goes-viral-2023-7">Champ-de-Mars near the Eiffel Tower</a>, per the report."Many use frozen dough that has been stored in questionable conditions. To mask the smell and rancid taste, they sprinkle it with vanilla sugar," one vendor told Le Parisien in French. The vendor was not identified in the report.A video posted by Le Parisien showed <a target="_blank" href="https://www.youtube.com/watch?v=SgunAywVaZc">several clips of people removing bags containing food from sewer access points and electricity grates.</a> One clip showed a man placing a bucket underground and walking to a food cart. Business Insider could not independently verify the authenticity of the clips.Crepe batter and other types of food, including meat and beverages, were also found stored in manholes, hatches, and vents, Le Parisien reported, citing a resident who lives in the 7th district — an affluent neighborhood and home to the Eiffel Tower. The food is then reheated and put up for sale, per the report, citing another local resident.Frank Delvau, president of the Union of Hospitality Trades and Industries of <a target="_blank" href="https://www.insider.com/paris-syndrome-tiktok-reasons-to-visit-paris-2023-7">Paris</a> and the Ile-de-France, said the sellers represent a public health risk, noting they have no way to wash their hands, per Le Parisien. Some were seen selling "tainted merchandise, water bottles filled up at the tap," Delvau said.Delvau said the food stands are not often not licensed. Many of the vendors themselves are undocumented and exploited by criminal organizations, he said.They also present unfair competition for local licensed restaurants that "pay rent, fees, and need to face inspections from hygiene regulators," said Delveau."We're about a year away from the Olympics, and if we do nothing, it will become a veritable illegal food market around the Eiffel Tower," David Zenouda, vice-president of the Union of Hospitality Trades and Industries of Paris and the Ile-de-France, told Le Parisien.Nicolas Nordman, deputy mayor of Paris, told Le Parisien he was aware of the dangers these vendors pose, especially to people visiting the city."We must warn potential consumers, often tourists, of the dangerousness of the products on sale, because it is a real public health issue," he said.Rachida Dati, the mayor of the 7th district of Paris, told Le Parisien that the city has started cracking down on these unsanitary practices."In each intervention, the police seize and destroy 30kg of merchandise. During the week of September 11 to 16, they seized 380 bottles of water, 50 of wine, 200 of beer, and 90 ears of corn," she said.Paris police chief Laurent Nuñe spoke about putting an end to street vending before the 2024 Olympic Games. "We will, of course, have completely eradicated the phenomenon of street vending, fortune-telling and other delinquent activities," Nuñe said, per <a target="_blank" href="https://www.euronews.com/2023/10/25/paris-police-plan-street-clean-up-ahead-of-olympic-games">Euronews</a>. This incident comes after an American tourist visiting in<a target="_blank" href="https://www.insider.com/american-tourist-says-paris-is-rat-infested-feeds-rodents-video-2023-8"> August voiced his concerns about Paris being infested with rats</a>. And in September, the French capital reported<a target="_blank" href="https://www.insider.com/paris-battles-infestation-of-bloodsucking-bedbugs-in-cinemas-airports-2023-9"> battling a major bedbug infestation.</a>Nordman and Dati did not immediately respond to a request for comment from Business Insider, sent outside regular office hours.

Street vendors in Paris are selling food stored in sewers to tourists, report says

Mumbai, May 15 () Uttar Pradesh and West Bengal are home to the highest number of street vendors, collectively accounting for over one-fourth of the country's tally, economists at State Bank of India (SBI) said on Friday. According to a note released a day after the government announced a Rs 5,000-crore special credit facility for street vendors, ten states accounted for 35 lakh of the 50 lakh beneficiary street vendors who will be given a loan of Rs 10,000 each to restart businesses impacted by the lockdowns. Uttar Pradesh has 7.8 lakh vendors, while West Bengal follows with 5.5 lakh, it said, adding that the two states collectively command a 27 per cent share of the overall number. Bihar has 5.3 lakh vendors, Rajasthan 3.1 lakh, Maharashtra 2.9 lakh, Tamil Nadu 2.8 lakh, Andhra Pradesh and Karnataka at 2.1 lakh each, Gujarat 2 lakh, Kerala and Assam at 1.9 lakh each, Odisha 1.7 lakh, Haryana 1.5 lakh, and Madhya Pradesh and Punjab at 1.4 lakh each. The economists said they depended on the self-employed in non-agriculture sector data from the periodic labour force surveys to arrive at the estimates. Welcoming the move of introducing the 'one-nation, one-ration card' concept, it said the government will have to build the necessary technological architecture in the 5.27 lakh fair price shops at the earliest to make it operational. The direct fiscal impact of the package announced by Finance Minister Nirmala Sitharaman on Thursday is only up to Rs 14,750 crore or 0.07 per cent of the GDP, as a bulk of the Rs 3.16 lakh crore of announcements is aspects like guarantees, it said. Till now, the cumulative fiscal impact of all the three packages announced by Sitharaman to mitigate the economic impact of the COVID-19 pandemic is Rs 1.29 lakh crore or 0.6 per cent of the GDP. The economists marginally upped the country's fiscal deficit estimate for FY21 to 8 per cent of the GDP as against 7.9 per cent earlier. The slippage will largely be on account of lower revenues and higher expenditure as a result of the pandemic, the note said. With the schemes announced on Thursday also including a Rs 30,000 crore additional refinance support from Nabard for crop loans written by lenders, the economists said there is a likelihood of another Rs 30,000 crore in liquidity support being made available to the agri-focused institution from RBI over and above the earlier announcement of Rs 25,000 crore. AA ANSANS

Uttar Pradesh, West Bengal account for highest number of street vendors in India: SBI economists

Mumbai, Jun 19 () Small Industries Development Bank of India (Sidbi) on Friday said it has signed a pact with the Ministry of Housing and Urban Affairs for implementation of the PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi). PM SVANidhi is a central scheme fully funded by the ministry with the objective to facilitate working capital loan to street vendors, thus enabling them to emerge self-reliant after the impact of the COVID-19 pandemic and revive their livelihood activity through formal access to credit. Sidbi will be the implementation partner for the scheme and will set up a project management unit, a release said. It will give access to the scheme through a customised digital platform and will integrate the institutional ecosystem and build capacity value chain. The development finance institution will facilitate credit guarantee to lending institutions through Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE). Microfinance institutions (MFIs) shall be on-boarded on the CGTMSE platform for the first time for the scheme, Sidbi said. The platform shall also be integrated with the National Payments Corporation of India (NPCI) and the Unique Identification Authority of India (UIDAI) to enable the processes envisaged in the scheme, it said. "We are pleased to play a role in this important national endeavour to help millions of street vendors across the country whose livelihood activities have been disrupted due to the coronavirus outbreak. "We shall carry out deep engagement with the entire lending community and urge them to actively participate to make this scheme a success," Sidbi Chairman and Managing Director Mohammad Mustafa said. The scheme includes an initial working capital of up to Rs 10,000, interest subsidy on timely/early repayment at the rate of 7 per cent, monthly cashback incentive on digital transactions and higher loan eligibility on timely repayment of the first loan. Under this scheme, commercial banks, regional rural banks, small finance banks, co-operative banks, non-banking financial companies, MFIs and self-help groups will be able to provide credit. This scheme will target street vendors/hawkers vending in urban areas, as on or before March 24, 2020, including the vendors of surrounding peri-urban and rural areas. HV HRS

Sidbi signs pact with urban affairs ministry for implementation of PM SVANidhi

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Benoit Tessier/ReutersLong before Rigoberto Urán finished second at the Tour de France, he had to climb out of poverty and steer clear of the violence in his native Colombia.</div></div></div>While <a href="http://www.businessinsider.com/category/chris-froome">Chris Froome</a> and his Sky team won yet another <a href="http://www.businessinsider.com/category/tour-de-france">Tour de France</a> on Sunday, for many cycling fans the more compelling story was that of <a href="http://www.businessinsider.com/category/rigoberto-uran">Rigoberto Urán</a> and his <a href="http://www.businessinsider.com/category/cannondale-drapac">Cannondale-Drapac</a> team. The Colombian finished second overall, just 54 seconds behind Froome after three weeks of intense racing, giving what Froome called his "closest and most hard-fought battle" in the world's biggest bike race.Cannondale-Drapac has among the smallest budgets in the <a href="http://www.uci.ch/road/ucievents/2017-road-uci-worldtour/360432017/">WorldTour</a>, a third of Sky's, and is known as a scrappy squad that has resorted to a "Moneyball" strategy to compete against deep-pocketed juggernauts, with Urán its lone million-dollar rider. Jonathan Vaughters, the team's general manager, rolled the dice with Urán at the Tour, and it paid off big time, with the 30-year-old winning a key mountain stage and finishing on the second step in Paris, in a coup for the <a href="https://twitter.com/ride_argyle" target="_blank" rel="noopener noreferrer">Argyle Armada</a>.While American fans who watch only the Tour may have seen Urán as a surprise, he's long been building a standout <a href="http://www.procyclingstats.com/rider/Rigoberto_Uran" target="_blank" rel="noopener noreferrer">résumé</a>, having raced in Europe for over a decade. Wildly popular at home and with die-hard cycling fans worldwide, he's a colorful character who loves to laugh and joke. But "Rigo" is also respected as a dedicated professional, and in Colombia he personifies a country that's trying to move forward from its war-torn past.Following are some of the pivotal moments in Urán's life and career to date. Thanks to Klaus Bellon, a cycling journalist who reports on Colombian cycling at <a href="http://www.alpsandes.com/" target="_blank" rel="noopener noreferrer">Alps &amp; Andes</a>, who shared his insights with Business Insider.

From street vendor to Tour de France star, the extraordinary determination of Rigoberto Uran

<keyword id="6354814" type="General" weightage="20" keywordseo="prime-minister-narendra-modi" source="Orion">Prime Minister Narendra Modi</keyword> on Saturday took to social media to highlight the widespread adoption of digital payments in India, sharing a photo of a roadside tailor who has integrated <keyword id="6357120" type="General" weightage="20" keywordseo="paytm" source="Orion">Paytm</keyword> <keyword id="6361008" type="General" weightage="20" keywordseo="qr-codes" source="Orion">QR codes</keyword> into his sewing machine. The image was retweeted by PM Modi with the remark, “It is a common sight across India…our people have shown remarkable dexterity in adapting to tech and innovation.” <div type="twitter" handle="narendramodi" handlename="Narendra Modi" image="http://pbs.twimg.com/profile_images/1565985672501927936/d-r-h241_normal.jpg" favoritecount="18971" retweetcount="3054" status="It is a common sight across India…our people have shown remarkable dexterity in adapting to tech and innovation. https://t.co/Bl8EsPEshn" createdat="1674305719000" id="1616781487898251266"></div>The tweet quickly gained traction, receiving a million views and almost 15,000 likes within a day. <div type="twitter" handle="vijayshekhar" handlename="Vijay Shekhar Sharma" image="http://pbs.twimg.com/profile_images/1567558193429217281/e6JbIoQ3_normal.jpg" favoritecount="695" retweetcount="49" status="Absolutely Sir !💯 Pride of our India is acceptance and embracing technology by every citizen in country. Thank yo… https://t.co/ttnGDRDeDo" createdat="1674306941000" id="1616786613979459585"></div>Fintech giant Paytm’s Founder and CEO Vijay Shekhar Sharma also responded to PM Modi’s tweet, saying, “Absolutely Sir! Pride of our India is acceptance and embracing technology by every citizen in country. Thank you for championing and guiding the change.” Paytm has played a significant role in increasing the popularity and accessibility of digital payments in the country. The company's efforts to expand its reach by partnering with small businesses and vendors, such as the roadside tailor in the image shared by PM Modi, have further contributed to the increased adoption of digital payments in India. The user who posted the picture revealed that it was taken in Uttar Pradesh’s Ghaziabad. “You have to be in Bharat to understand the scale of this transformation brought about by the policies of PM <keyword id="6354477" type="General" weightage="20" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> government", the user captioned the image. One of the key initiatives of the Modi government has been the promotion of <keyword id="1399736" type="General" weightage="20" keywordseo="digital-payment" source="Orion">digital payment</keyword>s through the Digital India programme. The Centre has placed a high priority on extending digital payment services to every segment of the population. In line with this objective, the Union Cabinet, chaired by Prime Minister Modi, recently announced an increase in the allocation for the promotion of RuPay debit cards and low-value UPI payments to ₹2,600 crore for FY23. This is a significant increase from the initial allocation of ₹1,300 crore, which was announced in the Budget for FY22. The move is part of the government's ongoing efforts to promote digital payments across the country and bring about a digital transformation in India. “Under the said scheme, acquiring banks will be provided financial incentive for promoting point-of-sale (PoS) and e-commerce transactions using RuPay debit cards and low-value BHIM-UPI transactions (person-to-merchant) for the current financial year,” the Ministry of Electronics &amp; IT said. Brokerage firms Morgan Stanley and Goldman Sachs have said that Paytm will be a key beneficiary of this incentive scheme. India's leading digital payments and financial services company, Paytm, has played a crucial role in the advancement of the Indian government's vision of a cashless economy. The company has pioneered the use of QR codes for mobile payments and has made digital transactions accessible to all. Digital payments have played a crucial role in maintaining business continuity during the pandemic, particularly for small merchants, and promoting social distancing. In December 2022, UPI achieved a record of 7.82 billion digital payment transactions with a value of ₹12.82 lakh crore. Last week, PM Modi also initiated the transfer of approved loans of over one lakh beneficiaries under PM SVAnidhi Yojana, a special micro-credit facility for street vendors. He lauded the fact that the scheme’s beneficiaries have done digital transactions with ₹50,000 crore in a short span of time. “This feat and change is a big answer to the pessimists, who used to question the success of digital payments by street vendors,” PM Modi said. Paytm has been helping in deepening financial inclusion by onboarding street vendors under the PM SVANidhi scheme and helping them to accept digital payments. In 2021- 22, the company onboarded more than 35,000 Street vendors under PM SVANidhi scheme. The PM added that the SVANidhi Yojana is not just a scheme to give loans, but it is a campaign to boost the economic power of our fellow street vendors by empowering them to accept digital payments. Paytm’s work in supporting the government's efforts aligns with its mission to bring half a billion Indians into the mainstream economy through the use of digital payments and financial services. By pioneering the use of QR codes for mobile payments, Paytm has helped to remove barriers for individuals and small businesses, particularly street vendors, to access financial services and conduct digital transactions. Additionally, Paytm's active participation in the PM SVANidhi Yojana by onboarding street vendors and helping them accept digital payments has enabled them to participate fully in the digital economy. Disclaimer: This article is generated and published by the Insider Studios team. You can get in touch with them on <a href="mailto:insiderstudios@businessinsider.in" target="_blank">insiderstudios@businessinsider.in</a>

PM Modi shares image of tailor on the street using Paytm, calls it a common sight across India

<ul class="summary-list"><li>A street vendor in Brooklyn is making $2,000 a day selling medical supplies such as masks and gloves at affordable prices, <a href="https://nypost.com/2020/04/06/brooklyn-street-vendor-says-he-sells-2k-worth-of-protective-equipment-a-day/">according to a recent report.</a></li><li>Customers have flocked to his stand because his prices reportedly steer away from price gouging rates, with surgical masks that start at $2.</li><li>The vendor claims some of his customers are healthcare workers, and said he donates his leftover supplies each day to police, first-responders, and medical workers, as hospitals continue to face a shortage in medical supplies.</li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>A street vendor has reportedly found success in Brooklyn selling surgical masks, KN95 masks, knit masks, and surgical gloves at affordable prices. Since arriving at his spot near a Rite Aid in Bushwick Saturday, he's been selling $2,000 a day, <a href="https://nypost.com/2020/04/06/brooklyn-street-vendor-says-he-sells-2k-worth-of-protective-equipment-a-day/">according to a report by the New York Post</a>.The vendor, who told the New York Post his name was Jay, said he arrives at 2 pm and offers surgical masks for $2 or six for $10, KN95 masks (the Chinese equivalent to N95 masks) for $5.99, boxes of gloves, and knit masks for $4.Yes, Jay is making money selling medical equipment while hospitals around the country face supply shortages (he told the Post he makes around a $600 profit on the $2000 in sales). But he says he's also donating supplies at the end of the day and avoiding the <a href="https://www.businessinsider.com/coronavirus-price-gouging-incidents-thousands-2020-3">price-gouging</a> practices <a href="https://www.businessinsider.com/amazon-kicked-3900-sellers-off-its-platform-coronavirus-price-gouging-2020-3">online platforms have been trying to clamp down on</a>, according to the report. He told the publication that he donates leftovers to the local police precinct and Brookdale Hospital's first-responders and medical workers."It's my choice to keep the prices low," Jay told the Post, "There's an epidemic, but at the same time I've got to feed my family. I don't want to make a ton of money on a pandemic, so I keep my prices low and I get a lot of customers that way."Jay also told the Post that some of the people he sells to are healthcare workers looking to source medical supplies. A number of the customers interviewed by the Post voiced appreciation for the affordability of the supplies. He also said he had donated supplies to medical professionals attempting to purchase items from him.New York has told non-essential businesses and employees to work from home, but City Hall spokesperson Olivia Lapeyrolerie told the Post that street vendors are allowed to sell so long as they stick to selling essential items like food or medical supplies. But she stressed that N95 mask, while allowed to be sold, should be given to those on the front lines - medical worker store grocery store employees.Just a week earlier, a Brooklyn man was arrested after being accused of coughing on FBI agents who were investigating him on suspicion of price gouging medical supplies at a 700% inflated rate, <a href="https://www.bloomberg.com/news/articles/2020-03-30/suspected-mask-profiteer-arrested-for-coughing-on-fbi-agents">according to a Bloomberg report.</a>You can read the full interview with Jay <a href="https://nypost.com/2020/04/06/brooklyn-street-vendor-says-he-sells-2k-worth-of-protective-equipment-a-day/">over at The New York Post.</a>Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please email <a href="mailto:covidtips@businessinsider.com">covidtips@businessinsider.com</a> and tell us your story.And get the latest <a href="/coronavirus-business-impact">coronavirus analysis and research</a> from Business Insider Intelligence on how COVID-19 is impacting businesses.

A Brooklyn street vendor is reportedly selling low-priced medical masks and gloves to the community and clearing up to $2,000 a day - and he says he donates leftovers to police and first-responders

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