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Small Business Loans For Handicraft Industry

One of the major industries of the homegrown sectors is the handicraft industry. They have been around since the time of pre-independence. They are also one of the primary foreign exchange earners for the Indian economy. Most of the products manufactured in the handicraft industry are for exports. No business can survive without taking credit or lending credit. The cash transactions involved in the business has significantly died down. There are also government initiatives like the MUDRA (Micro Units Development and Refinance Agency) Yojana to help the SME.

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