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| J&K govt committed to revival of Handloom sector | | | Early Times Report
JAMMU, May 24: Government of India has announced a financial package of Rs. 3000 crore for recapitalization of loss making Handloom Co-operative Societies and individual handloom weavers across the country.
Deputy Director, Handloom Development Department, Jammu office has asked the concerned to take the advantage of the scheme to revive their units. The package includes one time waiver of bank loan outstanding. All such Co-operative Societies including individual Handloom weavers who have loan outstanding against banks are advised to immediately approach concerned Assistant Directors of their respective districts or the office of Deputy Director, Handlooms Development Department, 3rd Flood, Ydhyog Bhawan Rail Head Complex, Jammu for further necessary action in the matter. They are advised to bring along all the relevant records of their loan outstanding as well as the financial statements/ accounts of their societies.
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