Tourism sector staff to get interest-free loans
The Hindu
Aim is to revive pandemic-hit industry
The Kerala Government has set up a revolving fund to provide interest-free loans up to ₹10,000 to those employed in a wide range of activities in the tourism sector without any collateral security, under plans to revive the pandemic-hit industry that provides jobs to thousands.
The revolving fund will have an initial corpus of ₹10 crore, Tourism Minister P.A. Mohamed Riyas said. “This fund comes when the tourism sector is poised for the post-pandemic surge. All those who are working in this vital sector can avail themselves of the benefit of the scheme to revive their activities,” the Minister said.
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