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:The objective of the credit card scheme for artisan & weavers is to provide adequate and timely assistance from the financial institutions. A maximum limit of Rs. 2 lakh will be fixed with loan component of Rs. 1.8 lakh and beneficiaries contribution of Rs. 20000. Interest Subsidy of 7% for a period of five years from the date of disbursement of the loan subject to annual review of the competent…
It is being implemented by the Handloom Dev. Department to provide adequate and timely credit up to to Rs. 2 lakhs to the weavers to made their credit requirement mostly individual proprietorship/own account enterprises. Eligibility Criteria: – Registered weavers or traditional weavers can apply for the scheme.