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UP handloom weavers seek direct benefit of Rs 32bn Central package
Aug '11
Handloom weavers from Uttar Pradesh have once again put forward their demand for obtaining direct benefit of the Rs. 32 billion Central Government package announced in the Union Budget 2010-11.

As per the provision in the Budget, the benefit of waiver of weavers' loan is to be provided through weavers' societies. But, the weavers want to avail this benefit directly without the involvement of any intermediary agency.

A group of weavers met Commerce and Textiles Minister Anand Sharma and Union Finance Minister Pranab Mukherjee and put forth their demands.

The weavers also urged the Centre to either withdraw the 9.5 percent excise duty levied on yarn or allow them extra 10 percent subsidy on purchase of yarn.

They demanded establishment of special Government depots where weavers would be able to procure yarn at lower prices. They also asked the Ministers to make provision for weavers' credit card.

In addition, they urged the Central Government to impose a ban on cotton and yarn exports to stop price from rising further and protect the interests of weavers.

Uttar Pradesh, especially the eastern part of the State, is a hub for weavers and yarn-based industry.

Fibre2fashion News Desk - India

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