Over 300 Tibetan sweater sellers attended the first conference of the All India Tibetan Refugee Trader’s Association in Ludhiana in the Punjab, representing all 164 recognised Sweater Sellers Associations. Sikyong Lobsang Sangay, the Tibetan political leader, launched the Tibetan Hosiery Traders Loan- 2017, a 100 million ($1.550.000/ £1,230,000) loan scheme primarily funded by USAID.