| Handloom Weavers |
| TQ 04 March 2011 |
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The number of Handloom weavers and allied workers as per the Second Census of Handlooms of India (1995-96) and Third Handloom Census of India (2009-10) are: For the development of Handloom Sector and welfare of Handloom weavers, five Schemes are under implementation, which are (i) Integrated Handlooms Development Scheme, (ii) Handloom Weavers’ Comprehensive Welfare Scheme (iii) Marketing & Export Promotion Scheme (iv) Mill Gate Price Scheme and (v) Diversified Handloom Development Scheme, the Minister added Further, in pursuance of the recommendations of High Level Committee, constituted under Managing Director, National Bank for Agriculture and Rural Development (NABARD) and keeping in view the observations and suggestion of Ministry of Finance (Department of Expenditure), a revised package had been submitted to Ministry of Finance, which was under scrutiny. The proposals inter-alia include: (i) Waiver of overdue interest and overdue loans of Societies (ii) Recapitalisation of the balance sheet of Primary Weavers Cooperative Societies and State level Apex Societies with adequate fund support from Government; (iii) Financing the credit needs of handloom weavers/ societies at lower rate of interest with interest subvention etc. Now, in the Budget speech delivered on 28.02.2011, the Finance Minister has announced a financial package in the Annual Budget 2011-12. The package, with a financial implication of Rs. 3000 crore, benefits more than 15000 handloom weavers cooperative societies, the Minister added. (Release ID :70550)
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