AP to waive Rs 110 crore loans to weavers

  • Andhra Pradesh government decided to waive loans taken by over 25,000 weavers amounting to a total of more than Rs 110 crore, said State Information Minister, Palle Raghunath Reddy.
  • The state government also considering a plan to provide interest-free loans to weavers to promote the traditional handloom sector in the state.

Source: EconomicTimes

About Swathi Ragiphani

Leave a Reply

Your email address will not be published. Required fields are marked *