JK News Today

Srinagar, October 01:

The Jammu and Kashmir Government has accorded sanction to renaming of “Credit Card Scheme for Artisans” in Handicrafts Sector and “Micro Credit Plan Scheme” for Weavers in Handloom Sector as “Credit Card Scheme for Artisans and Weavers of Handicrafts and Handloom Sector”.

It has also ordered enhancement of loan slab for artisans and weavers in Handicrafts and Handloom Sector from existing ceiling of Rs. 1.00 lakh to Rs. 2.00 lakh with interest subsidy of 7% for a period of five years from the date of disbursement of the loan. The Credit Card Scheme for Artisans and