We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Now, handloom weavers may get debt waiver too.
- Abstract
The article reports on the consideration to extend the debt waiver scheme to the handloom weavers in India. The debt waiver is expected to cost the Indian government about 1,200 Indian rupee crore. The committee had recommended on various aspects including the waiver of over due loans as well as providing loan at 7% interest per annum. The textile ministry has proposed to clean up the apex and primary handloom cooperative societies with the help of governmental funding and also offer credit line with lower interest rates to the handloom weaver societies.
- Subjects
INDIA; DEBT relief; WAIVER; WEAVERS; HANDLOOM industry; COMMERCIAL credit
- Publication
Man-Made Textiles in India, 2008, Vol 51, Issue 8, p292
- ISSN
0377-7537
- Publication type
Article