Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Bihar artisans get Exim Bank&#039;s loan support-Atmadip Ray    </title>
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Export Import Bank of India has sanctioned a Libor-linked foreign currency loan to artisans in Bihar for bulk purchases of tasar silk, their raw material. Libor is London inter-bank offer rate which is being used as a benchmark for short..."/>
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                            <br /><div align="justify">Export Import Bank of India has sanctioned a Libor-linked foreign currency loan to artisans in Bihar for bulk purchases of tasar silk, their raw material. Libor is London inter-bank offer rate which is being used as a benchmark for short term rates in the international capital market.<br /><br />Exim Bank has given the working capital loan for three months to Ecotasar Silk Pvt Ltd, an enterprise manufacturing off-the-loom tasar silk products in Bhagalpur of Bihar. Exim Bank general manager Samuel Joseph said the cost of the loan comes to around 5.5% a year and the borrower does not have to bear the currency risk as they can repay the loan in foreign currency using the export proceeds.<br /><br />Ecotasar Silk Pvt Ltd works on sustainable livelihood projects and help generating income for poor families. The size of the loan is rupee terms comes to around Rs 75 lakh. The loan aims to increase productivity and income levels of poor women in Bhagalpur engaged in the production of tasar silk products.<br /><br />In the last six months or so, Exim Bank has become very active in offering small loans to rural artisans to improve their export potential. &quot;&quot;WE have given Rs 7-8 crore last fiscal and our endeavour would be support more initiatives this fiscal,&quot;&quot; Joseph told ET.<br /><br />It has recently provided a Rs 45 lakh ton term loan to a West Bengal-based NGO for upgrading and modernising its unit producing various types of bamboo &amp; natural fibre-based handicrafts.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/bihar-artisans-get-exim-banks-loan-support/articleshow/12936469.cms" class="re" target="_blank">The Economic Times, 30 April, 2012, http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/bihar-artisans-get-exim-banks-loan-support/articleshow/12936469.cms</a><div class="clear"></div>
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    <h1 class="cat-box-title">Bihar artisans get Exim Bank&#039;s loan support-Atmadip Ray</h1>
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                            <br /><div align="justify">Export Import Bank of India has sanctioned a Libor-linked foreign currency loan to artisans in Bihar for bulk purchases of tasar silk, their raw material. Libor is London inter-bank offer rate which is being used as a benchmark for short term rates in the international capital market.<br /><br />Exim Bank has given the working capital loan for three months to Ecotasar Silk Pvt Ltd, an enterprise manufacturing off-the-loom tasar silk products in Bhagalpur of Bihar. Exim Bank general manager Samuel Joseph said the cost of the loan comes to around 5.5% a year and the borrower does not have to bear the currency risk as they can repay the loan in foreign currency using the export proceeds.<br /><br />Ecotasar Silk Pvt Ltd works on sustainable livelihood projects and help generating income for poor families. The size of the loan is rupee terms comes to around Rs 75 lakh. The loan aims to increase productivity and income levels of poor women in Bhagalpur engaged in the production of tasar silk products.<br /><br />In the last six months or so, Exim Bank has become very active in offering small loans to rural artisans to improve their export potential. &quot;&quot;WE have given Rs 7-8 crore last fiscal and our endeavour would be support more initiatives this fiscal,&quot;&quot; Joseph told ET.<br /><br />It has recently provided a Rs 45 lakh ton term loan to a West Bengal-based NGO for upgrading and modernising its unit producing various types of bamboo &amp; natural fibre-based handicrafts.</div>                                                           
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Export Import Bank of India has sanctioned a Libor-linked foreign currency loan to artisans in Bihar for bulk purchases of tasar silk, their raw material. Libor is London inter-bank offer rate which is being used as a benchmark for short..."/>
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    <h1 class="cat-box-title">Bihar artisans get Exim Bank&#039;s loan support-Atmadip Ray</h1>
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                            <br /><div align="justify">Export Import Bank of India has sanctioned a Libor-linked foreign currency loan to artisans in Bihar for bulk purchases of tasar silk, their raw material. Libor is London inter-bank offer rate which is being used as a benchmark for short term rates in the international capital market.<br /><br />Exim Bank has given the working capital loan for three months to Ecotasar Silk Pvt Ltd, an enterprise manufacturing off-the-loom tasar silk products in Bhagalpur of Bihar. Exim Bank general manager Samuel Joseph said the cost of the loan comes to around 5.5% a year and the borrower does not have to bear the currency risk as they can repay the loan in foreign currency using the export proceeds.<br /><br />Ecotasar Silk Pvt Ltd works on sustainable livelihood projects and help generating income for poor families. The size of the loan is rupee terms comes to around Rs 75 lakh. The loan aims to increase productivity and income levels of poor women in Bhagalpur engaged in the production of tasar silk products.<br /><br />In the last six months or so, Exim Bank has become very active in offering small loans to rural artisans to improve their export potential. &quot;&quot;WE have given Rs 7-8 crore last fiscal and our endeavour would be support more initiatives this fiscal,&quot;&quot; Joseph told ET.<br /><br />It has recently provided a Rs 45 lakh ton term loan to a West Bengal-based NGO for upgrading and modernising its unit producing various types of bamboo &amp; natural fibre-based handicrafts.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/bihar-artisans-get-exim-banks-loan-support/articleshow/12936469.cms" class="re" target="_blank">The Economic Times, 30 April, 2012, http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/bihar-artisans-get-exim-banks-loan-support/articleshow/12936469.cms</a><div class="clear"></div>
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Home हिन्दी

Bihar artisans get Exim Bank's loan support-Atmadip Ray

Published on May 1, 2012   Modified on May 1, 2012

Export Import Bank of India has sanctioned a Libor-linked foreign currency loan to artisans in Bihar for bulk purchases of tasar silk, their raw material. Libor is London inter-bank offer rate which is being used as a benchmark for short term rates in the international capital market. Exim Bank has given the working capital loan for three months to Ecotasar Silk Pvt Ltd, an enterprise manufacturing off-the-loom tasar silk products in Bhagalpur of Bihar. Exim Bank general manager Samuel Joseph said the cost of the loan comes to around 5.5% a year and the borrower does not have to bear the currency risk as they can repay the loan in foreign currency using the export proceeds. Ecotasar Silk Pvt Ltd works on sustainable livelihood projects and help generating income for poor families. The size of the loan is rupee terms comes to around Rs 75 lakh. The loan aims to increase productivity and income levels of poor women in Bhagalpur engaged in the production of tasar silk products. In the last six months or so, Exim Bank has become very active in offering small loans to rural artisans to improve their export potential. ""WE have given Rs 7-8 crore last fiscal and our endeavour would be support more initiatives this fiscal,"" Joseph told ET. It has recently provided a Rs 45 lakh ton term loan to a West Bengal-based NGO for upgrading and modernising its unit producing various types of bamboo & natural fibre-based handicrafts.

The Economic Times, 30 April, 2012, http://economictimes.indiatimes.com/personal-finance/loan-centre/auto-loans/auto-loans-news/bihar-artisans-get-exim-banks-loan-support/articleshow/12936469.cms

Tagged with: Livelihood

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