The Punjab Small Industries Corporation (PSIC) has always been a pioneer in successfully catalyzing the development of crafts and handicrafts in the Punjab. Continuing in its tradition of being a change catalyst PSIC has now introduced its new Credit Assistance Scheme for Artisans-2002 (CASA-2002) with more emphasis on the Regional Crafts and development of women craftsperson.
The Scheme was approved by the DDSC in its meeting held on 24-05-2002 at a cost of Rs. 10.000 Million as grant in aid through ADP-2002-2003. The administrative approval was issued by the Government of the Punjab vide No.AC(P)IV/IM&MJD/2-106/2002 dated 27-07-2002 for grant of 10.000 Million under grant No.36 through ADP as a “Revolving Fund”. PSIC has launched this programme for poverty alleviation by providing “One Window Facility” to the people engaged in handicraft manufacturing.