Indian Govt. inks pact to provide cheaper loans to SC artisans, weavers | Policy News India
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Indian Govt. inks pact to provide cheaper loans to SC artisans, weavers


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Cheaper loans to SC artisans, weaverA Memorandum of Understanding (MoU) has been signed between the Development Commissioner (Handlooms) and National Scheduled Caste Finance and Development Corporation to facilitate cheaper loans to artisans and weavers belonging to the Scheduled Caste community in India.

Commenting on the MoU signed on the occasion of 126th birth anniversary of the architect of the Indian constitution, Dr. B. R. Ambedkar, the Union Textiles Minister Zubin Irani said that the MoU is a great example of collaboration within the Government.

Noting that the year is being observed as ‘Garib Kalyan Varsh’, the Minister said that the efforts by the Government, under the leadership of PM Narendra Modi, to join people using AADHAAR and MUDRA is leading to the direct transfer of benefits to the bank accounts of the poor.

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The Minister also distributed benefits under welfare schemes of the Ministry to beneficiaries belonging to Scheduled Castes from various parts of the country on the occasion. She also interacted through video-conferencing, with handloom weavers, handicraft artisans, silk reelers and skill development trainees at various locations in five states, apart from the beneficiaries who were present at the function in the national capital of India.


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