Wednesday, April 14, 2021

EA encourages street vendors to adopt saving culture

Kohima, February 19: Express concern towards the welfare and uplift of the Naga women street vendors in the State, Entrepreneurs Associate (EA) has initiated “Uplifting Women Street Vendors”, a programme to encourage them towards their economic uplift and health care.
In this, coining Naga women street vendors as the “Guardian of our local economy”, EA has been implementing a programme to extend bonus of Rs 2000 to every Naga women street vendor who manages to reach the target of saving Rs 10,000 through their daily sales for their financial security.
This was informed by Neichute Doulo of Sisterhood Network, a project of the EA.
It seeks to ensure that the training benefits the most deserving women who can in turn educate their peers and keep the change in motion, she said adding that the project’s first cycle was piloted in Kohima and has spread to Mokokchung, Pfutsero, Phek and Dimapur and has touched 1000 vendors in all.
With a view to spread the awareness among the local street vendors in Kohima, EA today held an interactive workshop at Red Conference Hall which witnessed participation of more than 200 of them.
Neikule said that 99.9% women street vendors do not have savings but expressed happiness that with the intervention of EA at least 22% of the women street vendors have started the savings culture.
“I have started saving Rs. 100 daily,” said a street vendor Kane Tholi and encouraged others to do the same according to their capability.
She thanked EA for propagating the advantage of savings and also assisting several women street vendors towards a sound economy.
Another EA Trainee Vekhohulu Tetseo said EA’s initiative have changed her life towards saving culture.
Jinisha Sharma and Neeta Joshi from Capri Global Ltd Mumbai also exhorted the street vendors and extended solidarity for their welfare and protection.
CEO of EA Neichute Doulo announced that EA will find out ways and means to create pension benefit for savings upto Rs 1 lakh and also monthly income for savings upto Rs. 5 lakh, besides they can also avail loan facilities cheaper than the bank rates through EA for business venture.
Doulo also regretted that Nagaland is yet to notify the rules of Street Vendor Act in the state.
Street Vendors Act, 2014 is an Act of the Parliament of India enacted to regulate street vendors in public areas and protect their rights.
He said it is high time that the state government put place Street Vendor Act in Nagaland.
Success story of women street vendor into saving culture and improving their economy was also screened during the programme. (Page News Service)