The Central Tibetan Administration (CTA) – an exile Tibetan government based in Dharamshala – has announced a loan scheme, Tibetan Hosiery Traders’ loan-2017 with a minimal interest rate. With a budget of INR 100,000,000 [ USD 1,552,675 / GBP 1,245,527] from USAID and the Finance department, CTA aims to help 1,000 families through this project in its first year.