PREVIOUS
✖
SPIN Scheme
September 22 , 2021
1088 days
698
0
- 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.
Leave a Reply
Your Comment is awaiting moderation.