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Flood impact of 2007 still affects Sirajgani handloom weavers
02
Jul '09
A two-month-long flood in 2007 destroyed the businesses of most of the handloom owners in Sirajgani district. These handloom owners have been suffering from an acute financial crisis since last two years, due to the flood.

It also made nearly all the marginal and middle level farmers and weavers in the district to take huge loans. Thousand of marginal workers and traders, in Belkuchi, Ullapara, Shahjadpur and Sirajgonj Sadar upazilas of the district, have still been under pressure of loans since flood.

The local handloom board estimated a loss at Tk 126 crore in the sector of the district due the flood that affected more than 5 lakh people in the sector and damaged 1.55 lakh looms.

To bring the handloom sector of the district back on track, the government should provide the fund of Tk 150 crore, an official said. As the district's economy depends mainly on the handloom and related sectors, the destruction in handloom sector has disturbed the entire economy of the district, he informed.

About 1.35 lakh handloom owners in the district have begun their businesses again by borrowing money from banks and other sources at high interest, which has become a burden on the owners, official added.

He further informed that the government earlier had distributed Tk 1.04 crore to the handloom owners for rehabilitation.

The handloom owners, who have been affected drastically by the floods, have still not received any money from the government, though they have been listed as the flood-affected handloom owners by the government employees, said one of the handloom owners.

Fibre2fashion News Desk - India

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