Modi promises traders pension, easy loans in business speech for elections

Prime Minister Narendra Modi says his government is for traders, but the opposition Congress party abused them by calling them "chor" (thieves).

Shopkeepers will get pension and traders collateral-free loans of Rs 50 lakh if the Bharatiya Janata Party-led government is reelected, said Prime Minister on Friday as he turned the focus of his election campaign on making India business friendly.

"I am impressed by the hard work of traders--their business has helped the economy bloom. I have tried to make your life and business easy in last five years," he said in Delhi.

Modi said his government has stood by traders, but the opposition Congress party has abused them by calling them "chor" (thieves).