SWLHPS
What this is
"Scheme for Waiver of Loans to Handloom and Powerloom Sector" 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.
In detail
"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 -
- Weavers’ Individual Loans
- Weavers’ Groups Loans
- Loans of Power loom Units below 5 HP Power connection and availing 50% power subsidy scheme.
Who qualifies
- The loans disbursed to Individual Weavers and Weaver Groups for weaving purposes that were outstanding on 31.03.2014 are eligible for coverage under the scheme.
- The total amount of loan for all eligible purposes from all banks taken together shall not exceed the ceiling fixed for individuals.
- The following categories of borrowers are eligible under the scheme:
a) Individual Weavers who have directly availed loans for weaving purposes;
b) Weaver Groups having availed loans for weaving purposes on a pro-rata basis as per the amount drawn by each member, the aggregate amount subject to the overall ceiling;
c) Credit extended to holders of Weaver Credit Cards;
d) Weavers having Power Loom Units below 5 HP capacity and who are availing of the existing 50% Power subsidy scheme.
not about the scheme.
application field: empty
Provenance
| schemeName | Scheme For Waiver Of Loans To Handloom And Powerloom Sector | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | ... | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |