Inside Kashmir

100 per cent increase in the Credit Card (CC) limit: Lt Governor, Manoj Sinha

Srinagar: In a major relief for artisans associated with Handicrafts and Handlooms Jammu and Kashmir Union Territory (UT), Lt Governor, Manoj Sinha announced 100 per cent increase in the Credit Card (CC) limit.

Talking to reporters here on Saturday, Mr Sinha said keeping in view the setback suffered by handicraft and handloom due to COVID-19 and other reasons, the government has decided to increase the CC limit from Rs 1 lakh at present to Rs 2 lakhs.

He said only 7 per cent interest will be charged from the artisans.

 

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