Home / Knowledge / News / Textiles / Orissa announces package for weavers
Orissa announces package for weavers
24
Mar '10
Under a special package announced by the Chief Minister of Orissa, Mr Navin Patnaik, the weavers in the state will be granted an assistance of Rs 189.1 million, to boost their growth and development.

Raghunath Mohanty, State Industry Minister, stated that the package will concentrate on enhancing the skills of the weavers, establishment of Common Facility Centre (CFC), extending facilities such as bank loan, marketing assistance and market specific designs, while addressing the issues concerning promotion of handicrafts within the country and outside and also the ones relating to the identity cards.

The Minister also added that, the CM had announced a five year bailout package worth Rs. 400 million in order to encourage extensive self-employment in the handicraft sector, which was made effective from 2007-08.

In accordance with the provisions of the Industrial Policy Resolution (IPR), 2007, Value-added Tax (VAT) on khadi, village and cottage and handicraft industries has been abolished by the government.

Also these industries have been bestowed with a 10 percent price preference in event of their partaking in government tender. They are required to pay 25 percent of the security deposit but do not need to pay the Earnest Money Deposit (EMD).

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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