Thursday, Apr 25 2024 | Time 10:24 Hrs(IST)
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States


J&k Govt has no proposal to waive off ACC loan, Prakash

Srinagar, May 28 (UNI) Jammu and Kashmir government has no proposal to waive off Artisan’s Credit Card (ACC) loan, Minister for Industries and Commerce, Chander Prakash Ganga said today.
Replying to a question by Abid Hussain Ansari in the Legislative Assembly he said that there was no proposal under government consideration to waive off ACC loan on the analogy of Kissan Credit Card (KCC) where there is interest subvention of 10 per cent.
He said that the ‘Artisan’s Credit Card Scheme’ also known as self employment to Individual Artisan is a State scheme under CAPEX budget wherein any registered artisan can avail one time loan up to Rs 1 lakh from the banks.
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