The government of Indian state of Uttar Pradesh has made a provision of ₹10 crore in its 2021-22 budget to preserve and promote the art and artisans of traditional ‘matikala'. Interest-free loans of up to ₹10 lakh will be offered for reserved category beneficiaries and general category women and the same at 4 per cent annual interest will be offered for male beneficiaries of general category under the Mukhyamantri Gramodyog Rozgar Yojana.
In the handloom and textile sector, a target has been made to generate 25,000 jobs in 2021-2022.Indian state of UP has provided ₹10 crore in its 2021-22 budget to preserve and promote the art and artisans of traditional 'matikala'. Interest-free loans of up to ₹10 lakh will be offered for reserved category beneficiaries and general category women and the same at 4 per cent annual interest will be offered for male beneficiaries of general category.#
The budget has also proposed power supply to power loom weavers at a subsidised rate, according to a news agency.
Fibre2Fashion News Desk (DS)