Home / Knowledge / News / Textiles / Handloom weavers waiting for loans waiver
Handloom weavers waiting for loans waiver
08
Aug '09
The Chief Minister of Andhra Pradesh had promised the handloom weavers to waive off their loans on par with farmers, when assuming charge, as the Chief Minister for the second term.

Details of the outstanding loans taken by the weavers have been sent by the officials of Department of Handloom & Textiles to the government for action, but as of date no action has been taken by the CM.

In the recent budget, the government had increased the share of amount allocated for the Handloom & Textile Department and decided to waive off loans that weavers had taken from various banks in the district.

In Vizianagaram district, many weavers from 18 weaver cooperative societies took loans of about Rs. 2.04 crore, but in past three-years the weavers are witnessing a major crisis due to the depressing handloom market.

The weavers are not able to generate profits due to the increase in input costs and institutional charges and the weavers who are forced to use inferior quality thread are finding no demands for their products.

Whatever earnings they are able to generate through selling of their little stock is not even able to meet their expenditure. And no action from government on the promotional activities related to marketing of handlooms is also affecting the weavers.

The congress government had asked the district administration to encourage the employees to wear handlooms at least one day in a week, but this order too has not been followed by the administration.

Along with waiver of loans, the government should take measures for handloom promotion, said a weaver. An exhibition-cum-sale that is organized by the Textiles and Handlooms Department in selected cities only, once or twice in a year, which is not sufficient for handloom promotion, he added.

The government has appointed a committee to deal with the problems faced by the handloom weavers in the state

Fibre2fashion News Desk - India


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Headhonchos
Indian textile value chain

Adopt innovative techniques, go for automisation rather than being...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search