March 24, 2011 8:00 PM

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Former LTTE combatants receive loans as part of rehabilitation process

Former LTTE combatants received loans amounting to 1 billion rupees on Wednesday, as part of the rehabilitation process , through a special scheme initiated by the Central Bank of Sri Lanka. Around 45 former LTTE cadres in Batticaloa received loans ranging from Rs.5, 000 to Rs.50, 000 through state-owned Bank of Ceylon (BOC) to commence their livelihood. The loans carry an interest cost of between 8 to 12 percent and would help the former combatants start up ventures in electronics and wiring, motor mechanics, mobile phone repairs and agriculture.

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