Question: I want to know about Scheme For Waiver Of Loans To Handloom And Powerloom Sector. What does it offer?

Answer: s Of This

**Eligibility:** for the redemption of the loan outstanding per individual will be limited to â‚¹ 1,00,000.How Will The Eligible Beneficiaries
Be Identified For This Scheme?The Assistant Director (H&T), shall obtain the list of potential beneficiaries from the Banks.How Will
The Amount Of The Scheme Benefit Be Provided In The Case Of Individual Beneficiaries?All payments will be routed through the bank
where the debt is outstanding directly to the account of the beneficiary. How Will The Amount Of The Scheme Benefit Be Provided In
The Case Of Beneficiary Groups?In the case of the groups, the payment will be made to the group account director, and the members of
the group in turn will apportion the money in the ratio appropriate.Where Can I Find The Telugu Translation Of The Scheme
Guidelines?A copy of this scheme in English and Telugu Languages shall be displayed in each branch of every lending institution
covered under this scheme. Can I Apply To This Scheme If The Annual Income Of My Family (From All Sources) Is More Than â‚¹
8,00,000?There are no income-related criteria for this scheme. You can apply to this scheme irrespective of your family income,
provided that you meet the eligibility criteria for this scheme.Can I Apply To This Scheme If I Am Above 35 Years Of Age?There are
no age-related criteria for this scheme. You can apply to this scheme irrespective of your age, provided that you meet the eligibility
criteria for this scheme.Are There Any Age-Related Criteria For This Scheme?No, there are no age-related criteria mentioned in the
scheme guidelines for this scheme.Can A Domicile Of Telangana Also Apply To This Scheme?No, in order to be eligible to apply, the
applicant should be a resident/domicile of the state of Andhra Pradesh.Is This Scheme State Sponsored Or Centrally Sponsored?This
scheme is a 100% State Sponsored Scheme.Where Can I Find The Link To The Scheme Guidelines?The Scheme Guidelines can be
found at this link - https://www.aphandtex.gov.in/open_record.php?ID=142Sources And ReferencesGuidelinesOkWas this helpful?News
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earlier.To know more please visit CancelApply NowAndhra PradeshScheme For Waiver Of Loans To Handloom And
Powerloom SectorBankLoanSelf-Help GroupsWeaverDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments
RequiredFrequently Asked Questions"Scheme for Waiver of Loans to Handloom and Powerloom Sector" is a Loan Waiver Scheme by
the Industries and Commerce Dept., Govt. of Andhra Pradesh. The scheme redeems the debt accrued by the farmers, Self-Help Groups,
Weavers, etc., to the Scheduled Commercial Banks/Cooperative Banks, Urban Cooperative Banks, and RRBs, through their
Branches/Institutions in the State of Andhra Pradesh. The scheme also suggests a number of measures for increased livelihood
opportunities and improved prosperity. The scheme has a specific focus on - 1. Weaversâ€™ Individual Loans 2. Weaversâ€™ Groups
Loans 3. Loans of Power loom Units below 5 HP Power connection and availing 50% power subsidy scheme.OkWas this helpful?
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