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J&K Minister pitches for setting up of wool bank in state
Jan '13
The Jammu & Kashmir Minister for Industries and Commerce, Mr. SS Slathia has suggested establishment of a wool bank in the state to ensure availability of reasonably priced wool and Pashmina to khadi institutions, weavers, spinners and other concerned artisans.
Addressing a meeting of the Board of Directors of the state Khadi and Village Industries Board (KVIB) in capacity of the Chairman, Mr. Slathia urged the Board management to place a proposal in this respect with the Khadi and Village Industries Commission of India (KVIC).
The Minister also suggested that traditional weaving looms be replaced with modern looms. He also sought diversification of industry activities, and training of rural youth in market oriented trades to help them establish their own units and gain self reliance. 
Several decisions to improve the working of the J&K KVIB like increasing the monthly stipend of trainees undergoing Elementary Training Courses from Rs. 100 to Rs. 500 per month and extending the training period from present three months to six months were taken at the meeting.
The meeting also approved a ‘logo’ featuring the state map with a picture of Mahatma Gandhi weaving Charkha and a chinar leaf in the background for the state KVIB.
The Minister also informed the meeting that during the ongoing fiscal the state KVIB has furthered Rs. 70 million as margin money to 304 units employing around 2,430 workers.
The J&K government has already distributed 2,000 modern looms to weavers so far, and it intends to disseminate 40,000 more such looms over the next two years, the Minister informed.

Fibre2fashion News Desk - India

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