Kerala budget plans subsidies, training for Kudumbashree units
The Hindu
Bank loans of at least ₹1,000 crore will be made available to neighbourhood groups
As livelihood remains a significant worry against the backdrop of the COVID-19 pandemic, the budget presented on Friday has raised the allocation for the current livelihood package to ₹100 crore in order to provide subsidy to Kudumbashree enterprises and impart training to those who have lost their livelihoods to find out new ones. Bank loans of at least ₹1,000 crore will be made available to neighbourhood groups through the Kudumbasree this financial year. All loans upto ₹5 lakh will be made available at 4% interest rate.
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