Swiggy, a famous food delivery company, has tied up with the government to help street food vendors build businesses again. With this new partnership, Swiggy will try to expand the PM-SVANIDI scope.
In first phase, company will add street food vendors of 125 cities
Swiggy has tied up with the government to bring over 36,000 street food vendors to its platform. The company has said that it will bring street food vendors of 125 cities to its platform in the first round. Moreover, the food delivery company will list street vendors of Tier 2 and Tier 3 cities like Indore, Banaras, Gwalior, Vadodara, Visakhapatnam, Udaipur, Lucknow and Bhilai, famous for street food.
As part of the pilot project, the company has brought over 300 street vendors from Ahmedabad, Banaras, Chennai, Delhi and Indore on its platform.
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Separate space for food vendors will be there on App
The food delivery firm has created a separate space on its app platform, where consumers can find their favourite food vendors. It has assured food vendors to provide food safety training and certification in partnership with FSSAI and its empanelled partners.
Will help in growing by adopting digital economy
Regarding the agreement with the government, Swiggy COO Vivek Sundar says, “Street vendors are an inexhaustible part of the country’s food and drink culture. Swiggy will help them in adapting the new situation and move forward by adopting the digital economy. ”
1.47 lakh loan applications under SVANidhi scheme
Under the SVANidhi scheme, the government has so far received 1.47 lakh loan applications from street food vendors. Swiggy is bringing 36000 vendors from 125 cities getting loan on its platform under this scheme.
This was the first time that the government had launched any scheme on such a scale for street vendors. In this scheme, street vendors will be given a loan of Rs 10,000 immediately, which is intended to help them start the business after the lockdown was lifted.