Home / Knowledge / News / Textiles / Orissa signs MoU with microfinance firm to promote handicrafts
Orissa signs MoU with microfinance firm to promote handicrafts
Aug '10
Orissa Government recently has inked a MoU with Artisans' Micro Finance Private Limited (AMFPL). Handloom and Textiles Department, on behalf of the State Government inked this MoU with AMFPL, at the State Secretariat.

The MoU reads that, AMFPL would set up a community owned company (COC) to take care of promotion of handicraft products produced by local artisans. Over and above this the COC would also work to generate more opportunities for artisans so that they can engage themselves in developing handcraft to make more money.

Working capital for the purpose will also be provided to the artisans by COC. COC would exercise a check on the quality of the products, and would also fix the rates for these products.

Chief Minister Naveen Patnaik, Handloom and Textiles Minister Anjali Behera, Chief Secretary TK Mishra, ADC RN Senapati and Principal Secretary to CM BK Patnaik were present at the signing of MoU.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Jurgen Gauger

‘Buying crowdsourced or creative designs are much more appealing to the...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Wendell Rodricks
Wendell Rodricks

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search