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'New govt strategy to revive handloom industry'

20 Apr '16
5 min read


Speaking of the initiatives taken to improve managerial skills in the handloom sector, Gangwar highlighted the introduction of four-year course in handloom technology, at Indian Institute of Handloom Technology (IIHT), Salem and launching of handloom entrepreneur course at IIHTs at Bargarh, Varanasi and Salem. The Minister added that national awards in design intervention and marketing have been instituted in order to encourage innovation in handloom sector.

The Minister informed that the Government has come out with a new model of credit for handloom sector; this has been done by combining elements of concessional credit such as margin money, interest subvention and credit guarantee cover with the innovative features of MUDRA scheme, launched by the Prime Minister. He said that a pilot project has been successfully implemented in Odisha and Uttar Pradesh, and is being extended to seven other clusters. The Minister informed that the per capita credit has gone up from about Rs. 23,000 to more than Rs. 50,000; some loans have been sanctioned even up to Rs. 5 lakh. The beneficiary is given a RUPAY card through which he/she can withdraw money from an ATM. Gangwar said that the Government has decided to implement the scheme all over India, for which he sought cooperation of state governments.

The Minister said that life insurance and health insurance benefits to handloom weavers will now be provided through national social security schemes; he said that steps have already been taken to complete this convergence in an expeditious manner.

Gangwar said that the Health Ministry has issued instructions to all state governments to ensure coverage of handloom weavers under RSBY with immediate effect. The available assistance will now be Rs. 30,000, as against Rs. 15,000 earlier. He added that the Government is in the process of providing coverage to handloom weavers in Pradhan Mantri Jeevan Jyoti Yojna; it will provide an insurance cover of Rs. 2.00 lakh in case of death due to any reason, as against the present life cover of Rs. 60,000 in natural death and Rs. 1.50 lakh in case of accidental death. (SH)

Fibre2Fashion News Desk – India

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