Hindi community has been doing a lot of activity on Multilingual Wikisource for the past few months.

The project fulfills the criteria as of now [1][2] and I would propose its creation as a standalone project.

1.https://tools.wmflabs.org/meta/catanalysis/index.php?cat=1&title=हिन्दी&wiki=sourceswiki 

2.https://tools.wmflabs.org/robin/?tool=codelookup&code=hi

Best

Satdeep