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SPIN Scheme
September 22 , 2021
1185 days
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- The Khadi and Village Industries Commission (KVIC) launched the Strengthening the Potential of India (SPIN) Scheme.
- It set up a pottery cluster under SFURTI Scheme in Varanasi to empower the marginalized potters.
- SPIN Scheme is a specially-designed no-subsidy program that enables to make potters self-sustainable.
- It enables the registered potters to get easy direct loans from the banks under Pradhan Mantri Shishu Mudra Yojana.
- Under the SPIN Scheme, KVIC is acting as a facilitator for financial aid to potters through RBL bank and also providing training to the artisans.
- There will be no financial burden on the exchequer.
- The loan will be repaid by the potter in easy instalments.
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