The government has introduced Pradhan Mantri Credit Scheme for powerloom weavers; under this scheme it will provide financial assistance of up to 90 per cent. The government will provide margin money subsidy to the extent of 20 per cent of the project cost, with a ceiling of Rs. 1 lakh, as well as interest subvention at six per cent per annum, both for working capital and term loans up to Rs. 10 lakh for a maximum of five years.