Promoting enterprises in handlooms and handicrafts sector and providing a platform for sustainable economic growth by promoting the local artisans.
Maximum project cost will be Rs.25 lakhs. Term loan assistance to be up to 75% of the project cost.
Promoters’ contribution will be minimum 25% of project cost. Interest rate will be 8%, repayment period to be 3-7 years, including moratorium on principal repayment.
Manufactures, Designers, Experts in handlooms and handicrafts products from North-East India. The proposed units could be proprietorship, partnership or company.
Apply to the Chairman and Managing Director, NEDFi, G.S. Road, Dispur, Guwahati – 781006 in the prescribed format of NEDFi.
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