https://www.taxtmi.com/news?id=4265 The central scheme implements a two part financial support framework: the first provides loan waiver and recapitalisation for overdue loans of handloom cooperatives and individual weavers with interest subvention, credit guarantee and NABARD implementation supported by state MoUs and special audits; the second provides margin money assistance, time limited interest subvention and credit guarantee for fresh credit, a 10% yarn price subsidy with distribution via yarn passbooks, and enhanced freight reimbursement to ensure subsidised yarn availability in remote clusters. en-us Thu, 13 Dec 2012 10:41:59 +0530 Thu, 13 Dec 2012 10:41:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4265 The central scheme implements a two part financial support framework: the first provides loan waiver and recapitalisation for overdue loans of handloom cooperatives and individual weavers with interest subvention, credit guarantee and NABARD implementation supported by state MoUs and special audits; the second provides margin money assistance, time limited interest subvention and credit guarantee for fresh credit, a 10% yarn price subsidy with distribution via yarn passbooks, and enhanced freight reimbursement to ensure subsidised yarn availability in remote clusters. News - Thu, 13 Dec 2012 10:41:59 +0530 https://www.taxtmi.com/news?id=4265