Thiruvananthapuram, Nov. 7 -- The Kerala Government has approved an additional Rs 300 crore state guarantee for the Kerala State Women's Development Corporation (KSWDC) to enable the agency to raise loans from national financial institutions.
Until 2016, the Corporation had a government guarantee of just Rs 140 crore. Since the Left Democratic Front (LDF) assumed office, guarantees worth Rs 1,155.56 crore have been extended over different phases.
With the latest sanction, the total guarantee available to KSWDC has now risen to Rs 1,595.56 crore, sources said.
The newly approved amount will support KSWDC in availing loans from the National Minorities Development and Finance Corporation (Rs 200 crore) and the National Safai Karamcharis Fin...