Wings to Creative Ideas  : e-rickshaws will transform the lives of several people

On 5th April 2016, Prime Minister Shri Narendra Modi launched “Stand Up India” Initiative in Noida, Uttar Pradesh. At this event, the Governor of Uttar Pradesh Shri Ram Naik, Union Minister of State for Finance Mr. Arun Jaitley, Union Minister for Culture and Tourism were also present.  The prime objective of this initiative taken by PM Modi is to boost up the entrepreneurship among women, scheduled tribes and scheduled castes. The logo for this mission was launched by PM Modi which has a tagline of “Karen Prayas, Paayen Vikas”. With this initiative, there will be many opportunities for the people who are seeking jobs. Moreover, PM Modi has provided an amazing chance of getting employment and earnings for the livelihood.

While addressing people there, PM Modi paid tribute to Shri Babu Jagjivan Ram who served our country for many years. PM Modi had also distributed 5100 e-rickshaws to the beneficiary people under the Pradhan Mantri Mudra Yojna Scheme and also held “Chai Pe Charcha” with the drivers and their family members. He stated that India’s development process will be stronger when it is concerned and scripted by the poor. He asked the people to educate their children, especially the girl child. At this event, Prime Minister also launched a website for the online registration and to provide supportive services to the people. Moreover, the beneficiaries also interacted with PM Modi and shared their views regarding the benefits of e-rickshaws.

The Main Objectives of these e-rickshaws:

  • To reduce the Fuel Expenditures
  • To boost up Eco-Friendly Transportation Modes
  • Exploring the use of Solar Energy to Charge batteries
  • Reducing Air Pollution and Global Warming
  • Skill Development among People
  • To Provide Earning Sources for the People belonging to SC, ST Categories and Women

Moreover, training for the all processes like online registration to booking, operating techniques, and skill development will be provided to the people. The execution process through mobile application has been taught to the beneficiaries.

People living in Delhi-NCR regions can take rides on these e-rickshaws through Ola Mobile App (India Based Company) and make their payment through online banking like Freecharge. These e-rickshaws will be financed by the Lucknow Based Microfinance Company Bhartiya Micro Credit.

The purity in mind and deeds of PM Modi has always led him to set an example for others like he started the Stand Up India mission by booking an e-rickshaw ride to the stage and paid the charges through cell phone. This shows that how desperately he wants to improve the living standards of poor people so that they can get equality on a large scale.

For those who are interested to start their own business, will get financial support from the banks. Depending upon the requirement and budget, banks will provide loans from Rs. 10 lakh to 100 lakhs. Through this Stand Up India scheme, Schedule Commercial Banks like Small Industries Development Bank of India (SIDBI) along with Dalit Indian Chamber of Commerce and Industry branch (DICCI) and other sector specific institutions will provide at least two loans to the entrepreneurs. For this, the offices of National Bank for Agriculture and Rural Development (NABARD) and SIDBI will be specified to provide services as Stand Up Connect Centers.

The Union Cabinet had already announced in January that financial support of Rs 10,000 Crore will be provided for this Scheme. “Stand Up India” event aims to empower every Indian and for that, they will get all possible support from the government. For this initiative, there will be 1.25 lakh banks who will loan money to 1.25 lakh young entrepreneurs belonging to women sector, scheduled castes and tribes. Some part of the income earned by the entrepreneurs will be used to pay the loan installment for buying these e-rickshaws. In this way, they will be able to turn their dreams into reality. Shri Narendra Modi also inaugurated Kaushal Vikas Kendra in Noida.

The schemes launched by PM Modi are interconnected with each other. All schemes aim towards development in every sector and to improve the economic status of the nation. PM Modi also appreciated the efforts of banking sectors who had worked after working hours and even on Sundays and Saturdays to link the people living in the rural sectors with the banks so that they can earn benefits of the banking schemes. This happened for the first time that bank accounts are opened at zero balance. Moreover, people have deposited money in the accounts that has contributed to raise the economic status of the country.

He also appreciated the efforts of Mr. Milind Kamble, the Reputed Businessman who has contributed a lot to provide an equal platform and respect to people belonging to SC, ST Categories and Women. He has provided many opportunities to the women so that they can earn for their family and livelihood.

PM’s Vision:
With this mission, PM Modi wants to boost up the talent of young generation and their creative ideas. By providing facilities and support for the Start-Ups, Prime Minister is giving wings to their dreams and innovations. In this way, the combining efforts of young generation and government will transform the living status and economic state of our nation.

Contributor: Sunpreet kaur