Rs 1 Lakh no-interest loans for Kerala flood victims

The loan is meant to assist the flood-affected repair and refurbish their houses.

Published: 13th October 2018 11:11 AM  |   Last Updated: 13th October 2018 11:11 AM   |  A+A-

Kerala Floods

For representational purposes (File | EPS)

By Express News Service

THIRUVANANTHAPURAM :   The government has launched a scheme for providing an interest-free loan of C1 lakh to flood victims through Kudumbashree. So far, the government has received 1,44,750 applications. Of this, 16,218 applications have been transferred to the banks. Loans have been sanctioned to 1,401 applicants. The banks have, so far, sanctioned C73.47 crore. 

The loan is meant to assist the flood-affected repair and refurbish their houses. The government is arranging the loan through cooperative and commercial banks. The government has so far sought C 957 crore for the 1.44 lakh applicants.

Documents replaced
The government has so far replaced 4,900 records, including Aadhaar and ration cards, driving licence, SSLC certificates and marriage documents lost or destroyed in the floods.

Stay up to date on all the latest Thiruvananthapuram news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp