Srinagar, Jan. 26 -- Reaffirming its commitment to safeguard the interests and welfare of the highly-skilled craftsmen, the Handicrafts and Handloom Department, Kashmir, today urged the registered artisans and weavers to apply online for availing the soft loans under its Credit Card Scheme, which offers interest subvention of 7% for a five-year payback period, on a loan of Rs.2.00 lakh. Nearly 97,000 artisans and weavers have already availed the loan facility to meet their credit requirements of both investment and working capital in a flexible and cost-effective manner. The department has borne an expenditure of Rs.5.62 Cr as interest subvention, payable to the banks and other financial institutions, in a bid to support the artisans and ...