Related Keywords: Andhra Pradesh government, approve loan waiver, availing fifty percent power subsidy scheme, covers loan disbursed to individual weavers, finalizes debt waiver norms, handloom and powerloom weavers, loans of powerloom units below five HP, receipt of eligible beneficiaries, timeframe set for implementation, weaver groups, within seven days
The Andhra Pradesh government finalizes the debt waiver norms for handloom and powerloom weavers. The programme would cover loans disbursed to individual weavers and weaver groups that were outstanding as on March 31, 2014. Individual loans availed by weavers, group loans, and loans of powerloom units below 5 HP and availing the 50 percent power subsidy scheme would be eligible for the waiver.
But members who have availed the benefit of debt redemption as a member of DWCRA/MEPMA or other self-help group would not be eligible under the scheme.
