December 8, 2022

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‘Shikara’ is a new special scheme launched by FM Nirmala Sitharaman

Image Courtesy: DTNext

Finance Minister Nirmala Sitharaman has launched a special scheme called 'Shikara,' which intends to offer funding for the purchase of new shikaras as well as the repair

Finance Minister Nirmala Sitharaman has launched a special scheme called ‘Shikara,’ which intends to offer funding for the purchase of new shikaras as well as the repair and upkeep of existing shikaras and houseboats through collateral-free term loans that may be repaid in seven years via EMI.

Office Of LG J&K tweeted”: “Smt@nsitharamanlaunches @pnbindia’s special scheme ‘Shikara’ which aims to provide finance for the purchase of new shikara and repair & maintenance of shikara and houseboats through collateral-free term loans with convenient repayment under EMI mode in seven years”.

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