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Women in the forefront of loan repayment: Minister VN Vasavan

Co-operation Minister VN Vasavan mentioned that girls are the perfect and foremost in repaying loans on time. The minister was inaugurating the state-level ‘Snehatheeram’ mortgage scheme for fishermen in Kumarakom, which is being applied as a part of the primary anniversary of the second Pinarayi Vijayan authorities’s 100-day motion plan.

The Minister additionally distributed checks to the members of the 2 teams. Co-operation Secretary Mini Antony presided over the perform. District Panchayat President Nirmala Jimmy delivered the keynote handle. Collector Dr. PK Jayasree, Kerala Financial institution Director KJ Philip Kuzhikulam, Co-operative Society Registrar and Fisheries Division Director Dr. Adila Abdullah additionally spoke.

Co-operation Division Joint Registrar (General) N Ajith Kumar defined the scheme. The scheme offers low rate of interest loans to fishing, advertising and marketing and processing staff. The venture might be applied by the Major Agricultural Credit Societies in affiliation with SAFU (Society for Help to Fisherwoman). Joint legal responsibility teams of SAFIL members can avail loans as much as a most of Rs. 50,000. The compensation interval is 52 weeks.

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